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Now even girls are playing the Ponzi game
09-03-2010, 10:53 AM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,674
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Now even girls are playing the Ponzi game
In a club that I thought was only reserved for the bad boys, it seems that there is a place for the bad gals too. Women's lib?
 Quote:
A New Jersey-based investment advisor has been charged by the Securities and Exchange Commission with stealing $11 million from clients through a Ponzi scheme she ran over the past 13 years.
The SEC charged that Sandra Venetis of Systematic Financial Associates Inc. in Branchburg, N.J.—one of the state’s upper-income suburbs—preyed on clients who were retired or unsophisticated about investments.
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NJ Advisor Charged In $11M Ponzi Scheme
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In dire need of: faster horses, younger woman, older whiskey, more money.
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09-03-2010, 01:10 PM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
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The mistake these people make is that they do not have an end game. They don't have a plan that says - I'll get $Xmillion and get out.
The problem these days is that you have to have a dual identity and then figure how to move the money to the new identity without it being traced.
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Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
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09-03-2010, 02:37 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
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Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Have Funds, Will Retire
...not doing anything of true substance...
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09-03-2010, 03:13 PM
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#4
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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I'm all for equal pay, equal opportunity, but there are limits. 
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Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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09-03-2010, 03:28 PM
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#5
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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Maybe girls are better at it and don't get caught.
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“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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