Do you think there are more Ponzi schemes similar to the Madoff scandal going on in the US today?

11 comments

1. Yes, it’s called “most of the cryptocurrency industry.” See, e.g., [this](https://en.wikipedia.org/wiki/FTX).

2. Besides the current FTX scandal, there’s tons of fraud, money laundering, and insider trading happening constantly. No doubt about that. You get caught, maybe pay a fine, unless you rip off the wrong people.

3. Oh dude absolutely

4. The whole country is a Ponzi scheme

5. There’s always a scheme going on somewhere. The difference is that most will not get to the scale and audacity of Madoff.

6. Yes. Constantly.

7. 100% there is. You obviously saw what happened with FTX like last month right?

8. I think there are a lot more, but I don’t know what they are.

   Some enterprises approaching Ponzi include Tesla and Crypto.

9. Yea that’s just one we know of. You don’t get all these billionaires without scheming

10. Social Security is (somehwhat) a Ponzi scheme.

    It’s a government regulated one backed by the full faith and credit of whatever party is in control of congress. And assumes both continued population and economic growth.

11. Like my status if you have never heard of Bernie Madoff.

    Comment my status if you have heard of a ponzi scheme but you don’t know exactly what it is lol.