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
In a time of chimpanzees, I was a penguin.
The religious right is motivated by the suspicion that someone, somewhere,
is having fun -- and that this must be stopped.
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.
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Yep they are all over the place...every time I see an ad for "Financial Planning" my skin starts to crawl...
ReplyDeleteThere was a guy just like that right here in my area... he is going to jail tho, not on the run...