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Monday, June 25, 2012
OBQ 423: The finance conmen two centuries apart...
The first one developed this trap named after him in 20th Century, the second one mastered it but finally got caught in 21st century...
Answer: Charles Ponzi, the creator of Ponzi Scheme and Berni Madoff
Connect - Ponzi Scheme.ReplyDelete
Charles Ponzi - after whom the ponzi scheme is being named.
Bernard Madoff - Chairman of NASDAQ who pioneered the ponzi scheme which became largest financil fraud of USA.