Ponzi Scheme
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Millions of dollars were lost when Bernie Madoff’s ponzu scheme came crashing down, leaving thousands of people trying to pick up the pieces. One such person is Richard Tolfer III of New York and he is ready to make his comeback and wants your money to do so. Richard spoke about his company with Media Pub Live and said, “The problem with Ponzi schemes is that nobody knows it’s a scheme until its too late. My company called The Ponzi Scheme, is upfront about how it works and therefore is not illegal. We tell our clients that we take your money and pay you interest as other people keep putting there money in. As long as people keep giving us money we pay out the interest and the scheme works. We have incentives, where the longer you have your money in our scheme the more interest you get. In an effort to not have our fake fund as I call it, collapse, we only allow people to take out 10% at a time and that way we still have the money. Our company invests the money Pokémon cards and that way the money continues to grow. I am really excited about our company and feel very good that everybody involved understands that we are in fact a scheme and won’t feel bad if they lose all of their hard earned money. The great news for our company is that they sign a contract stating they know what we are doing and can’t sue. If only Bernie had such a plan in place I wouldn’t have been pissed when I lost my 5 million dollars.”