Post
Topic
Board Investor-based games
Re: Fucking Ponzi's and the idiots that buy into them
by
darkmule
on 11/03/2014, 18:08:31 UTC
Do you honestly think the ponzi threads posted here are comparable to nigerian email scams and indentity thieves or are you just grasping at straws to try make a point?

Yes.  Ponzi scams are a felony crime.  Knowingly participating in them with the intention of making a profit is also a felony.  When they involve real money, people who turn a net profit on Ponzis often have their asssets seized to pay off those who took a loss.  They cause incalculable economic damage, and that is why they are illegal.

They are as bad, or worse, than Nigerian email scams.  Anyone who participates in one knowingly is a criminal himself, whether or not they've gotten around to enforcing the law yet.