Monday, January 12, 2009

Fleeing authorities

Bernie Madoff apparently had his imitators, except that Marcus Schrenker apparently decided to fake his death in a rigged plane crash and run for it rather than surrender to the authorities when his financial management business imploded. The fake of his death didn't work, so now he's just a plane (sic) fugitive.

You wonder just how many of these Ponzi schemes there were out there. Of course, the whole U.S. economy was pretty much a Ponzi scheme during the Bush administration, so (shrug)...

-- Badtux the Financial Penguin

Posted by BadTux at 1/12/2009 12:39:00 PM
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1 comment:

  1. Essaress ; Prior of the F.C.F.J., (C)12/1/09 11:25 PM

    Yep they are all over the place...every time I see an ad for "Financial Planning" my skin starts to crawl...
    There was a guy just like that right here in my area... he is going to jail tho, not on the run...

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