Truthdig - Tag - Pyramid Scheme

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Tag: Pyramid Scheme

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Wealthy Investors Lose Fortunes in Wall Street Scam

Although the full extent of the damage from broker Bernard Madoff’s alleged super-swindle has yet to be determined, it’s clear by now that the collapse of his vast pyramid scheme may spell utter disaster for several of his top investors—some of whom might not know yet that they’re broke.

Posted on Dec 13, 2008 READ MORE | 44 COMMENTS

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