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Number of busted Ponzi scams more than tripled in 2009

It was a rough year for Ponzi schemes. In 2009, the recession unraveled nearly four times as many of the investment scams as fell apart in 2008, with “Ponzi” becoming a buzzword again thanks to the collapse of Bernard Madoff’s $50 billion plot. Read AP article here.

SourcedFrom Sourced from: Madoff Help News & Assistance

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