Ponzi Schemes

Jeffrey Butler was sentenced to 15 years in prison for his role in a Ponzi scheme that defrauded investors out of millions of dollars. He was found guilty of multiple counts, including wire fraud and securities fraud. The scheme promised high returns but ultimately resulted in significant financial losses for many investors. In addition to prison time, Butler was also ordered to pay restitution to the victims.

In the first nine paragraphs, Henriques develops the profile of the Ponzi scheme and Bernard Madoff by detailing the deceptive allure of high returns that Madoff promised to investors, which drew them into his fraudulent operations. She emphasizes the sophistication of Madoff’s tactics, highlighting how his reputation and connections in the financial community lent credibility to his scheme. Through specific anecdotes and descriptions of investor experiences, Henriques illustrates the emotional and financial impact of the scheme, creating a vivid picture of both the allure and the eventual devastation caused by Madoff's actions.

Louis Navellier is a well-known investment advisor and author, and opinions on his honesty can vary. Some investors praise his stock-picking strategies and transparency in sharing investment insights, while others criticize his marketing tactics and past performance claims. Ultimately, it's essential for individuals to conduct their own research and consider multiple perspectives before forming an opinion about his integrity.

The term "Notorious Ponzi scheme head" typically refers to individuals like Bernie Madoff, who orchestrated one of the largest Ponzi schemes in history, defrauding investors of billions of dollars. Madoff's scheme promised consistent returns, attracting a wide range of investors until it collapsed in 2008, revealing the fraudulent nature of his operations. He was ultimately sentenced to 150 years in prison for his crimes. The case serves as a cautionary tale about the dangers of investment fraud and the importance of due diligence.

Yes, a finder's fee for project financing can be legal, provided it complies with applicable laws and regulations. Such fees are typically paid to individuals or entities that connect investors with projects needing financing. However, it's essential to ensure that the arrangement adheres to securities regulations and is properly disclosed to all parties involved to avoid any legal issues. Always consult with a legal expert to ensure compliance.

The final straw that uncovered Bernie Madoff's Ponzi scheme was the financial crisis of 2008, which led to a surge in withdrawal requests from his investors. As Madoff struggled to meet these demands, he was unable to generate the returns he had promised. This prompted him to confess to his sons, who reported him to authorities, ultimately leading to his arrest on December 11, 2008. The collapse of his scheme revealed a massive fraud that had lasted for decades.

Bernard Madoff's Ponzi scheme involved various individuals and entities that either facilitated or ignored his fraudulent activities. While specific names of accomplices are not widely recognized, some employees at his firm, Bernard L. Madoff Investment Securities LLC, were reportedly aware of the scheme but did not act to stop it. Additionally, regulatory failures and lack of oversight by the Securities and Exchange Commission (SEC) contributed to Madoff's ability to operate his scheme for years without detection. Overall, while Madoff was the mastermind, systemic issues and complicity among some staff played a role in enabling the fraud.

A Ponzi scheme typically collapses when the operator can no longer recruit enough new investors to pay returns to earlier investors, leading to a cash shortfall. As the scheme unravels, many investors lose their money, often resulting in legal action against the operators. Regulatory authorities usually intervene, leading to investigations and potential criminal charges. Ultimately, the scheme's unsustainable nature ensures that it cannot last indefinitely.

Southwestern Advantage Books can be purchased directly from the Southwestern Advantage website or through authorized distributors who sell the books in person. They are typically sold to students, parents, and educators as educational resources.

Because people love to have high return in their investments, but many don't like to study the kind investment they do.

Well, Alchemist if a group of companies, having various industries located in Northern India. However, its modus operandi of raising funds through Infra Realty and Holdings violates Sebi's rules and they should return deposits raised from common people immediately to clean their slates.

No Court of Law can give verdict in favor of ponzi schemes, rather they should be forced upon to wind up their businesses and/or now allowed to thrive upon their illegal business ruining the common people to pay their price for lust and greed ,lured by astronomical rate of return offered by so called ponzi scheme operators.

I am pretty sure this is a ponzi scheme. Please do not invest with Genesis Land Development Corp. I invested with them years ago and cannot get my money back.

Reason why Genesis is a ponzi:

This company gathers money from investors and buys land to develop. However, their they buy agricultural land that has to be rezoned to commercial for developing. The big problems with this are:

1) Rezoning can take several years

2) Even if the land is rezoned and developed, there is no guarantee that Genesis can make a profit.

3) If an investor wants to take their funds out of their investment with Genesis, they must find their own buyer and have to do all of the legwork to legally pass over the investment to the new sucker.

4) Rezoning may never happen, and therefore, Genesis will legally be able to keep your money indefinitely.

Brilliant ponzi scheme. Please stay away!!

Those people who invested in a pyramid scheme and got out successfully before it crashed got lucky. That's all.

The goal of the starter of the pyramid scheme is for those who get paid will re-invest their earnings hoping for the earnings to compound. This will keep the pyramid alive longer.

Hopefully nowhere. Fraud, when detected, is always punished.

Yes, this site is linked to the same IP address as numerous other sites that have been labelled as scams. I'd stay away from this site and any other sites offering such great returns in short periods of time.

You get a prompt reply when you pay:

Support:

Hello. I confirm Your payment.

Best Regards

Company Name: Auxil Group Company

Registration Number: 08210759

Address: 46 Kungstensgatan

Stockholm Sweden

email: auxilgroup@gmail.com

Real E-mail: sahdev.kolar@ymail.com

Real Name: Mausamy Nandha

Don't believe it, it's scam.

"Ponzi scams are scams that promise to return investors with some kind of profit but does not. High yield investments are not always a Ponzi scam, but one should watch out for warning signs."

So far, no. Someone invested in over 100,000 Euro with a with a company based in Japan who sold him various American Stocks that trade on the Pink Sheet (high risk) American market. These shares are now all worth nothing. Thus far they have charged him over 35,000 Euro and he has received nothing. They continue to hound him for money to be sent to Cyprus to an offshore account. Global Investor Alerts is fraudulent.

Fraudulent activity should be reported to your local police or law enforcement agency. Additionally, contact the websites Web Hosting company to see if you are able to pressure them to get the scamming website off the internet.

No. They all collapse of their own weight.

Please expect nothing. Then, in the unlikely event that the guy is caught, kept records, didn't spend all the money and you have a lawyer who can spend years pursuing this, you may get back some pennies on the dollar. And as you expected nothing, that will be a treat.

In most all cases, it is better to learn from it and move on.

Usually the guilty party is given a criminal penalty which may involve restitution. However, as the funds that are gone are usually so much greater than what he could legitimately earn, the people who lost usually never recover their investment.

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

It is a theft in a general sense. But it falls under it's own section of law.

Say you tell ten people that if they give you $1,000 a piece, you'll give them a rate of return of 10% per month. They do.

Now you have $10,000. You set $1,000 aside, and promptly spend the $9,000 on yourself.

After the month is up, you give each "investor" $100. They are all happy, as they don't know their original principle is gone. They don't ask for it back as they wish to keep making that 10%. In fact, they are so happy, that each of their ten friends wishes to invest.

So now you get $1,000 a piece from 100 people, and have $100,000. You can easily afford to pay another $1,000 to the original ten next month. And you can afford to pay another $10,000 in "interest" to that secondary set of "investors" next month.

Leaving you with another $89,000 to spend on yourself.

So far so good, as long as two things happen. One, you keep getting more suckers to invest. Two, you don't have too many people ask to cash out.