Posts tagged as:

Ponzi

UK prosecutors unlikely to charge former Madoff employees

by Jolyon on 15 December, 2009

The Serious Fraud Office has been investigating whether former Madoff Securities International Ltd. CEO, Stephen Raven, or any London employee of Madoff had knowledge of Madoff’s Ponzi scheme.
Those familiar with the investigation have commented that the U.K. is unlikely to prosecute anyone at Madoff’s London operation because the SFO does not currently have enough [...]

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A “Ponzi crawl”

by Jolyon on 19 December, 2008

A pub crawl whereby a new person is added at each location and has to buy a round. Each new person is promised that they will get free drinks at all the future bars if they buy this round. Obviously, last person to join the ponzi crawl gets screwed.
“Made-up Madoff News”, via anonymous e-mail.

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