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Iwuchukwu Joseph

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Shedrack Titus
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Ponzi Schemes and HYIPs – Free Money Traps With the collapse of Bernard Madoff’s 50 billion dollar investment fund, Ponzi schemes are very much in the news. Recently, the FPA investigated CRE Capitol Corporation and the TradeLite HYIP, both of which turned out to be Ponzi schemes. I’ve covered some of this before in my article about managed forex, but since so many people have lost so much money to both classic Ponzi schemes and HYIPS, I thought this style of scam deserved a more in-depth analysis. Be aware that not every managed forex fraud is a Ponzi scheme. Both Atwood & James and LegendTrader just found different… Read more »

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