A discussion by the Supra Vantage Developer on how to avoid the ponzi.| A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.[1]

The scheme is named after Charles Ponzi,[2] who became notorious for using the technique in 1920.[3] Ponzi did not invent the scheme (for example, Charles Dickens' 1844 novel Martin Chuzzlewit and 1857 novel Little Dorrit each described such a scheme),[4] but his operation took in so much money that it was the first to become known throughout the United States. Ponzi's original scheme was based on the arbitrage of international reply coupons for postage stamps; however, he soon diverted investors' money to make payments to earlier investors and himself.

  • Currently 0/5 stars.

Views: 97


You need to be a member of WALL STREET INSIGHT FOR THE CONCERNED CONSUMER to add comments!


Comment by H. Ben Frazier on September 15, 2015 at 12:20pm

My comment on and about the Ponzi scheme derives from the bottom line of any investment tactic that is being used to make money. The success of Mr. Madoff's idea or scheme as it is being conveyed to Joe Public, means one thing, an individuals Trust in their particular approach financial advisor's point of winning.

What made Madoff expose the game to Joe Public, was the fact of being in the drivers seat of a Capital Gain's district without integrative method's and he passed that wisdom and knowledge on to the next generation of financial advisors with no concern. His investigating associates could not find the Un-milked cows in the field of Wall Street, and decided to involve governmental officials. (Tax Brokers), and Mr. Madoff decided enough was enough and encouraged himself to Push his Son over the edge, because of his lack of performance in the Wonderful World of Business on Main Street.

Searching Wall Street, for the right type of opportunities requires patented views, that most Financial Brokers keep close to their Vest Pocket, and sharing that information requires Trust...... 

Comment by Stephen Pettiway on May 29, 2014 at 11:56pm

A wise man once told me that the Lie of Someone that is Awake is better than the Truth of someone who is sleep. Jesus said I came to my own by my own receiveth me not, Ee had so much to tell his disciples but many of them were asleep and missed the message so he said and I quote Do Not Cast Pearls Amongst Swine. This information is Historic.

Comment by mathieu charles on December 1, 2013 at 7:51pm

Those Madoff and Rothstein clients that got hurt really would have needed the advice given by the Vantage Developer in these video.

 Pity, I wonder when things were going good would they have heard the warnings or would they have ignored them . After all,  it was fashionable and in vogue to invest with these people.  Fashion over fact and figures is always a bad mix. We all can be taught something from people who really know more than us.  When some one is hard headed and will not listen to sound advice it usually makes for a very soft and tender back side from the spankings they get. 

Comment by Richard D. Hemingway on April 4, 2012 at 10:51pm

Wow. We have no excuses when someone tells it like that. It is about time we hear the truth. The developer has a lot of moxy.

WSI is a Financial Educational Network that believes in helping financial professionals and consumers have a better financial future.

MMJ Master Program

The Wall Street Journal

The Fed's 'Main Street' Mistake

The central bank’s terms favor Wall Street and take new credit risks.

All the President's Ratings

The Commander in Chief responds to our editorial.



The Next Gold Rush

© 2020   Created by WSI Wall Street Insight.   Powered by

Badges  |  Report an Issue  |  Terms of Service

- DE7A1F766C4EF139EF0B994966D90FA6