November 15, 2021
Scam/Fraud

age, children, wife, Ponzi scheme, prison, lifestyle, worth ▷ South Africa news » Scammer News

An unfortunate basic nature of human beings, especially in modern times, is the need to have things done and happening quickly. Hence, there is the need for fast-moving cars, faster trains, faster technology, and even fast food, which has become a multi-billion-dollar industry in just the United States alone. For this reason, get rich quick schemes have become the order of the day for both the young and the old, one of which was Tom Petters Ponzi scheme which had taken $2 billion worth of investors’ money.

Tom Petters, the man behind one of the largest Ponzi schemes in U.S history. Photo: gettyimages.com
Source: Getty Images

He got into the business world while still very young; his interest in it grew, and so did his need to get more. Unfortunately, Tom Petters’ lifestyle took a drastic turn when everything he had “achieved” slipped from his hands, and in turn, he received fifty years imprisonment. So, who were Tom…

Read full article here: scammernews.com