Combination Quote by Mitchell Zuckoff

“Like a giant Ponzi scheme, profits depended on an unending source of associates entering at the bottom of the pyramid, funneling cash up the…

— Cameron Stracher

Ponzi and all of his successors tap into a fundamental part of human nature. One part of our brain tells us this is too…

— Mitchell Zuckoff

A fool and his money get a lot of publicity.

— Al Bernstein

My favorite pre-Ponzi schemer was known as '520 Percent Miller' because he promised 10 percent returns a week, or 520 percent a year. Of…

— Mitchell Zuckoff

Madoff Securities is the world's largest Ponzi scheme.

— Harry Markopolos

In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no…

— Alex Berenson

It is the long-term investor...who will in practice come in for the most criticism... For it is the essence of his behavior that he…

— John Maynard Keynes

The federal government has made explicit and implicit promises to millions of people, but has put no money aside in order to keep those…

— John C. Goodman

As alleged, David Hu directed a multimillion-dollar, years-long scheme to defraud investors. Putting profit ahead of his fiduciary duties, Hu allegedly mismarked millions of…

— Audrey Strauss

“Remember we don't have a crystal ball and all business is risky no matter what company you are joining Ponzi or not. This will…

— Cory Crabb

When someone succeeded in quickly making a lot of money in America, people said he had made his fortune.

— Julius Streicher

“After twenty years of studying millionaires across a wide spectrum of industries, we have concluded that the character of the business owner is more…

— Thomas J. Stanley