The New York Times reports today on the large amounts of individuals who have been caught running Ponzi schemes earning the title of mini-Madoffs. According to the article, some of these schemes have been operating for years, and others are far more recent. A deteriorating economy and heightened skepticism about outsize returns after the revelations about Mr. Madoff has broght these cons to light. Read more and share with us your thoughts on the mini-Madoffs.
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