We don’t need another Ponzi
The Ponzi scheme has ripped its share of the headlines in recent months. Considering the current state of America’s economy, the timing is most unfortunate. Investors large and small are being taken advantage of by unscrupulous men like these, and some of them have little to fall back on. We should all keep in mind that when we’re promised large cash advance loans with nothing but a cash outlay involved, our Ponzimonium senses should be tingling.
If it isn’t tingling, perhaps you’re fine with needing debt relief.
Story of the Pang
Jessica Pressler writes for New York Magazine that Pang has dibs on the first big Ponzi scheme of 2009. As a way of boiling down the essentials of the story, Pressler includes some essentials. For your reading enjoyment, here goes nothing. Be forewarned that this story gets ugly: ... click here to read the rest of the article titled "Danny Pang Goes Ponzi on 2009 (Pt. 1)"
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