The Street published an article by Philip van Doorn titled “Ponzi Scheme Database May Shock You” in which Dynamic Securities Analytics, Inc’s interactive Ponzi scheme visualization was cited.
The first decade of the 21st century goes down as the “golden age” for Ponzi schemes. In the aftermath of Bernard Madoff’s epic 20-year scheme to defraud investors — which Ponzitracker founder Jordan Maglich estimates cost investors $17 billion — most potential victims know that a Ponzi scheme promises investment results that far exceed the returns one can expect form a “normal” investment. Ponzi schemes ultimately collapse when the person committing the fraud runs out of new investment money to pay to previous investors.
Read the full article here.
