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Madoff Fraud Losses

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Uploaded by on Dec 30, 2008

Madoff Fraud LossesA

Ponzi scheme is a fraudulent investment operation that pays returns to investors out of the money paid by subsequent investors rather than from profit. The term "Ponzi scheme" is used primarily in the United States, while other English-speaking countries do not distinguish colloquially between this scheme and other pyramid schemes

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  • USA ain't nothing but a huge scam. The only time a jew ever considers himslef to be a failure is when he fails to steal all the money. Charlie Munger said it best for all-time about jews such as Bernard Madoff, Lou Pearlman, Reed Slatkin, Sam Israel, Steven Hoffenberg, Markus Schrenker, Hank Paulson and Alan Greenspan.

    "When they are speaking, they are lying. When they are silent, they are stealing."

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