Sentences with phrase «massive ponzi»

And there is plenty of blame to go around, with Wall Street, the SEC, subprime lenders and the ratings agencies all playing a role in what Michael Lewis refers to as a massive Ponzi scheme.

Earlier this year, Indian police in Mumbai arrested 18 individuals associated with OneCoin, a massive Ponzi scheme promoted as a «cryptocurrency with a blockchain.»

Keeping the Madoff assets cost the husband millions of dollars, however, when Madoff was revealed to be running a massive Ponzi scheme in late 2008.

Not long after Rothstein replaced one recently purchased yacht with another, even grander yacht, Perez half - jokingly remarked to a lawyer - friend, «I wouldn't be surprised if, a few years from now, we find that he's been running a massive Ponzi scheme.»

The former executive chairman of NASDAQ was sentenced to 150 years in prison in 2009 for his role in a massive Ponzi scheme.

In so many words, he accused the U.S. government of running a massive Ponzi scheme, although he softened this comment by noting that public debt always has Ponzilike characteristics.

Since starting Magic Hour Entertainment, Orlando Wood has produced two documentary features - «One Big Lie» about Bernard Madoff's massive ponzi scheme and «The Revisionaries.»

On June 2, an obscure research shop named Muddy Waters published an explosive report accusing Sino - Forest of being a massive Ponzi scheme.

The call was the first chance for analysts to question Block en masse, who has been making the media rounds to discuss his allegations that the TSX - listed forestry company is a massive Ponzi scheme.

Not exact matches

While opinions are divided as to Bitcoin and other cryptocurrencies being a massive fraudulent Ponzi scheme, there is no question that binary options are a scam, so perhaps it is no surprise to see binary options scammers trying to cash in on the hype currently surrounding Bitcoin.

But like all Ponzi schemes throughout history, the U.S. Ponzi scheme will implode under a massive weight of hubris, extreme greed and widespread ignorance disguised as complacency.

Sixty four percent would have liked their high schools to have had financial education programs... But if this was the case, how would we have Ponzi schemes or massive financial fraud on a global level?

Ars Technica has run down some of the most notable Bitcoin hacks and frauds over recent years, from massive hacks and Ponzi schemes to Bitcoin wallet services that have mysteriously vanished with all their customers» Bitcoin after being «hacked».

Compared to the recent $ 400 million worth of NEM that was removed from Japanese exchange Coincheck, or the collapse of the massive suspected Ponzi scheme Bitconnect (sorry, BIIIIIT - COOO - NEEEEEEEECT), Prodeum's apparent ill - gotten gains barely register.