Bernstein Liebhard LLP Pursues Madoff Ponzi Scheme Feeder Funds...
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#1 Dec 19, 2008
Pyramid schemes have been around for a very long time and always involve a group of conspirators those at the top of the pyramid who benefit by bringing in the "investors" and their money. One person (one family) does not "pull-off" a large pyramid scheme. When the pyramid collapses the co-conspirators at the top of the pyramid feign well-rehearsed shock and try to blend-in with the actual victims but they are nevertheless knowing participants in the scheme. This is common knowledge easily gained in Pyramid Schemes 101 or Ponzi Schemes for Dummies. I have not seen it yet but investigative reporters should be chasing down the co-conspirators in "The Big Big Pyramid Scheme" like junk-yard dogs trying to get their teeth into a burglars butt.
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