Abundance of schemes may keep investors vigilant
Several local ponzi schemes have been uncovered since Bernard Madoff was arrested in New York last month for allegedly using billions of dollars from new investors to pay off older ones. One local expert says people may need to re-think how they decide who invests their money. WHYY’S Elizabeth Fiedler reports.
Several local ponzi schemes have been uncovered since Bernard Madoff was arrested in New York last month for allegedly using billions of dollars from new investors to pay off older ones. One local expert says people may need to re-think how they decide who invests their money. WHYY’S Elizabeth Fiedler reports. [audio: reports20090112schemes.mp3]
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