Articles Tagged with Ponzi Schemer

How can one person take advantage of so many? And is it possible to identify one before you hand over your money?

You hear about Ponzi schemes on the news and wonder how so many people could fall for such and old trick. But behind each Ponzi scheme is always a villain, a person who has orchestrated the entire scam who literally holds all of the power in his/her hands. What goes on in their minds? And how do they take advantage of so many people?

Here are some characteristics that link the psychology of many Ponzi schemers: