One enormous difference between Social Security and a Ponzi scheme

One enormous difference between Social Security and a Ponzi scheme

Personal Finance, ponzi, Scam December 30th, 2008

In the aftermath of the Madoff implosion, quite a few people have pointed out the parallels between a Ponzi scheme and Social Security.

Personal Finance Info Bernard L Mandoff

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- Fla. man gets 8 years for $8 million Ponzi scheme; hundreds of investors defrauded - Washington Post May 25, 2012
  Wink NewsFla. man gets 8 years for $8 million Ponzi scheme; hundreds of investors defraudedWashington PostA Florida man was sentenced Friday to eight […]
- 50 years given in Ponzi case - Wilkes Journal Patriot May 25, 2012
  Watauga Democrat50 years given in Ponzi caseWilkes Journal PatriotA West Jefferson resident was sentenced Wednesday to 50 years in prison and ordered […]
- SEC shuts down $11-million Ponzi scheme - Reuters May 25, 2012
  BloombergSEC shuts down $11-million Ponzi schemeReutersNEW YORK (Reuters) - Regulators have charged a New York fund manager who was running an $11-mil […]
- Miami Beach Developer Pays Into Nevin Shapiro Ponzi Settlement - LoanSafe May 25, 2012
  Miami Beach Developer Pays Into Nevin Shapiro Ponzi SettlementLoanSafeSheppard's close relationship with one of Florida's most notorious con […]
- SEC Bars Former Honcho for a Year - Courthouse News Service May 25, 2012
  abc13.comSEC Bars Former Honcho for a YearCourthouse News ServiceWASHINGTON (CN) - In fallout from the Allen Stanford Ponzi case, the SEC barred a for […]
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