Quote:
Originally Posted by tk1133
Now we're getting somewhere. Before you go cranking up your google, I can tell you after 60 years of such ponzi schemes getting caught, it left a blue print for our modern "slimeballs" on how to avoid detection and not get caught..."Built from destruction..."
-It was more elaborate then your making it. Maybe you should actually research HOW he got caught. Is there a postive coorelation here?
Ponzi schemes have been going since, well, Ponzi!
The regulatory authorities hold all the cards.
They make the rules and they have the clout to ensure that they are complied with.
They simply did not use due dilligence in the matter of Bernie Madoff.
None of your waffle is going to get around that plain and simple fact.
Many thousands of people face financial ruin because of the incompetance of the US regulatory authorities.
And this is in a field in which they have had over a century to get their act together.
Christ knows what sort of a series of monumental cockups they would make whilst the attempted to get to grips with online poker.
Your attitude seems to be a triumph of naive optimism over bitter experience.