Relax, he's the most legitimate criminal out there.
What crime have I commited?
whats the charge?
Ponzi and Pyramid schemes are crimes.
http://www.sec.gov/answers/ponzi.htmTelling your victims that you will commit the crime does not make it legal, just as telling a woman you're going to rape her would not make that legal either.
If you run a ponzi, you're a criminal and you should go to jail for it.
Yes, it´s not legal but there is demand for it. People want to play sometimes Ponzi.
If he simply offered that "service" with no one ripping off and clearly stating that it is what it is, a Ponzi, i have personally no problem with it.
But sooner or later most of those ponzi operators dissapear when the time is right.
The better you guess the timeframe when the whole thing blows off, the more profit.
It´s a game of skill also.