Not sure. I posted some info on him under The Rock Investment Group. Here is information on his meeting with the Elko, Nevada city council wanting oil leases and explaining his plan.
http://www.ci.elko.nv.us/administration/Minutes/03-10-2009.pdf
Caritas - Ponzi scheme - ended in 1994.
Caritas - Ponzi scheme - was created in 1992.
The Ponzi Scheme was created on 1998-03-31.
His name and "ponzi" comes up, but not in any specific way. Still, odd that it should. Be careful.
If you were an investor in Madoff's ponzi scheme, you lost money.
The Agape scandal was the fact that they were defrauding people with the Ponzi scheme.
The Ponzi Scheme/ Pyramid Scheme Created by Charles Ponzi
ponzi
You can joke it is like a Ponzi scheme as far as money from one investor is used to "pay" another and so on....
The definition of a ponzi scheme is that ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from profits earned by the individual or organization running the operation.
It is never ok to take part in a ponzi scheme. It is not honest or legal.
Ponzi scheme. Really, i heard it on Oprah.