The Merkle: Top 7 21st-Century Ponzi Schemes Featured

  • Friday, 10 May 2019 11:30
In the financial world, there will always be people with less than honest intentions. That is only to be expected, primarily because a lot of people want to make money at all costs. Ponzi Schemes are often a great way to attract a lot of money, even though they will always be shut down in the end. The following 21st-century examples show how crafty scammers can get. Mutual Benefits Company (2003) Little over 15 years ago, the SEC decided to crack down on a company known as Mutual Benefits Company. Although their business model seemed legit at the time, it The post Top 7 21st-Century Ponzi Schemes appeared first on The Merkle Hash.

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.