Ponzi scheme
1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement May 15, 2024 by David Senra · across every show →
Everything said about Ponzi scheme, oldest first
May 15, 2024 positive
Kreuger's Downfall Was Pure Fraud, Not a Flawed Business Model
“Listen, this plan would and did work. It was only the lying, the falsifying of his financial statements, and being overextended that caused his downfall. That, that's why I said it's like, it's not a clear Ponzi scheme. It was working.”