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Updated almost 16 years ago on . Most recent reply

Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008
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Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008
Connect
Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
446
Votes |
1,821
Posts
Off Topic

Another Multi-Billion Dollar Fraud

Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Posted

It looks like the Madoff scheme, although huge, was just the tip of the iceberg.

This one ripped off a cool $8 Billion:
http://news.yahoo.com/s/ap/20090217/ap_on_bi_ge/stanford_sec_charges

The sour economy is going to expose more and more of these scams.

:cool:

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