Sue Woolfe » pyramid schemes http://www.suewoolfe.com Sue Woolfes blog about everything Tue, 14 Jul 2009 02:40:11 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 Ponzi schemes are Pyramid schemes http://www.suewoolfe.com/2009/02/ponzi-schemes/ http://www.suewoolfe.com/2009/02/ponzi-schemes/#comments Thu, 19 Feb 2009 20:39:10 +0000 Sue http://www.suewoolfe.com/?p=47 These very old pyramid schemes known as ponzi schemes seem to be popping up everywhere in the news as more and more people try to get their money from there investments only to find out there is no money there and that they have been swindled by another scammer.

There is a great saying in the industry and that is when they tide goes back out you than see who is swimming naked. Meaning when the economy tanks and investors rush to get out there funds than you will see who has and does not have there money!

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