$65 BILLION PONZI!! Biggest Fraud of All Time!! (Ep 315)

Coin Bureau

English - February 16, 2022 11:00 - 22 minutes - 15.5 MB - ★★★★★ - 369 ratings
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In this episode, I take a look at the biggest ponzi scheme of all time. First, I explain what a ponzi scheme is. Next, I get into Bernie Madoff's $65 billion ponzi scheme and how it worked. Then I go over some warning signs about Madoff's firm that some people noticed before it popped. I give you an overview of how the ponzi scheme was revealed and what happened next. Lastly, I share my final thought about Madoff's scheme.

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Disclaimer: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this podcast is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.