Ponzi cases proliferate

Talking Points Memo helps us stay updated on the gaggle of mini-Madoff’s who have been getting indicted lately, as does the Wall Street Journal. It’s getting so you need a database to keep track of them.

Y’know, I’ve made snide comments here about the Russian oligarchs and mafia but really, a $50 billion scam is probably even out of their reach.

One comment

  1. My brother, who, as you know, is getting into forensic accounting, would find this fascinating.

    Love the bit where he says “You’d think they would have had questions about that one” wrt to the 48% offer of return. Of course, they didn’t. They were too busy being blinded by greed. Silly people.

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