Comments on: CRE Capital Founder James Ossie Indicted for Setting Up Ponzi Scheme

by: Jessica

Mon, 27 Jul 2009 09:17:07 +0000

Ponzi schemes are the worst kind of financial trap to fall into, and there are many out there who would do just about anything to make money. In light of the recession, the best thing to do with any extra cash you have is to save it for a rainy day.

by: Costello

Sun, 28 Jun 2009 17:21:09 +0000

I think it is difficult to put some sort of ban on Ponzi schemes because there are many parts of world where there are no rules exist about it. I think investors should be careful about it.

by: TigerTom

Mon, 22 Jun 2009 23:17:47 +0000

Amazing how these old tricks still work, in a world of supposedly sophisticated consumers.

I think that when it comes to large amounts of money, people’s brains stop working. We’ll haggle over $50, but $50,000? Our brain goes numb.

[PS: To the site owner: At the time of writing there’s a spelling mistake on this site’s front page: ‘Webmaters’, up near the top.]

by: Reverse Lookup

Sat, 20 Jun 2009 07:44:01 +0000

I agree that finally another scammer and a thief has finally been found guilty for implementing another ponzi scheme. I really hate ponzi schemes because I’m also involved with this crap kind of making money through investment and giving out high percentage returns on that, and I lose money as well.

But still, I know there are others who are also ponzi scammers, hiding in their rooms doing online ponzi scheme business.

by: Michael Roberts of Mile2

Tue, 16 Jun 2009 17:04:58 +0000

Has anyone done research on the use of the term “Ponzi scheme” over the last five years? There seems to be a disproportionately high usage in these last few months.

by: Steve Khanelal

Sat, 06 Jun 2009 08:33:40 +0000

theblob, you are very true but scammers should be punished because they are very bad on our economy and culture.

by: Zula

Fri, 29 May 2009 16:20:31 +0000

I think he is not the not the only guilty person, it depends on people who give money to such people without knowing the trends of internet. Whatever, it is good to read that he is going to be sued.

by: theblobscanvasprint

Fri, 29 May 2009 10:43:34 +0000

why do people get angry if they find out somthings a scam? they wanted something that sounded to good to be true,
‘”’ well hay guesss what it is”””’

by: Leif

Fri, 29 May 2009 00:38:41 +0000

World has changed a lot.. people like this loves to cheat the innocent people and in that not only the specific person suffers but his complete family suffers. And the Problem starts when people get’s interested in investing such schemes and make investments. We should inquire and then only go ahead with the decision.. It’s not the people who play with us but we are only responsible for such things. We should think and then invest. in short we wake up in the morning and we are having many streets to walk in front of us but we should think and then choose the way to walk ahead.

by: Vanessa

Thu, 21 May 2009 21:36:45 +0000

Now this is really very disturbing for me. How someone can rob all that money and who trust on such schemes. I think there were times when people were successful with these Ponzi schemes but they are not effective anymore. It was just my own exception.