Top 7 21st-Century Ponzi Schemes

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TheMerkle_Bitcoin Ponzi Scheme BustafundsIn the financial world, there will always be people with less than honest intentions. That is only to be expected, primarily because a lot of people want to make money at all costs. Ponzi Schemes are often a great way to attract a lot of money, even though they will always be shut down in the end. The following 21st-century examples show how crafty scammers can get. Mutual Benefits Company (2003) Little over 15 years ago, the SEC decided to crack down on a company known as Mutual Benefits Company. Although their business model seemed legit at the time, it

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