ponzi schemes: 8 Ways To Ponzi-Proof Your Portfolio
- 12/21/10 02:19 AM
You would think that after the Bernie Madoff scandal was exposed, the era of Ponzi scammers would come to an end. Sadly, this is not the case. Recently, former Denver Broncos quarterback John Elway and his business manager were scammed out of $15 million in a massive Ponzi scheme. The Colorado district attorney alleges that hedge-fund manager Sean Mueller may have stolen as much as $122 million from hapless investors. That's scary news. How can an investor protect his or her hard-earned money? Personal finance expert Dan Solin offers 8 tips for protecting your portfolio from these greedy schemes. To read … (3 comments)
You would think that after the Bernie Madoff scandal was exposed, the era of Ponzi scammers would come to an end. Sadly, this is not the case.
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