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DAMN... that's gotta leave a mark

posted 10/14/2010 2:55:43 PM |
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  somnium

John Elway invested $15 million in a Ponzi scheme.

There are some clever people out there with schemes that even pro-bankers get caught with their pants down sometimes! Just ask some of the 4,800 smart people that got caught up with Bernie Madoff for decades!

Ponzi scheme



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Comments:

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69oak69

Oct 14 @ 3:09PM  
Madof didn't start out running a ponzi scheme, but his operation turned into one along the way. Which is why a lot of his clients had no idea what was going on.
budman701

Oct 14 @ 4:39PM  
The company that ive worked for the last 7 years went bankrupt due to good ol bernnie. Our company pres was/is a board member of the palm beach co.golf club
which ol bernnie was a member. Needless to say 3 of the company owners and
the president put all their money in his basket and now 85 employees are looking for jobs.....
StraddleMyNose

Oct 14 @ 6:04PM  
Yeah, it's a sad situation!

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DAMN... that's gotta leave a mark