CROOKS AND LIARS-Beware of those with get rich quick dreams and Pyramid scheme(Ecclesiastes 5:10-17) (NIV)
10 Whoever loves money never has enough;whoever loves wealth is never satisfied with their income. This too is meaningless.11 As goods increase, so do those who consume them. And what benefit are they to the owners except to feast their eyes on them? 12 The sleep of a laborer is sweet, whether they eat little or much, but as for the rich, their abundance permits them no sleep.
13 I have seen a grievous evil under the sun: wealth hoarded to the harm of its owners,14 or wealth lost through some misfortune, so that when they have children there is nothing left for them to inherit.15 Everyone comes naked from their mother’s womb, and as everyone comes, so they depart. They take nothing from their toil that they can carry in their hands.16 This too is a grievous evil:As everyone comes, so they depart, and what do they gain, since they toil for the wind?17 All their days they eat in darkness, with great frustration, affliction and anger.
"Bernie" Madoff, was an American financier from Queens, New York, who executed the largest Ponzi scheme in history, defrauding thousands of investors of tens of billions of dollars over the course of at least 17 years, and possibly longer by depositing client funds into a single bank account, which he used to pay clients who wanted to cash out, while using the remaining funds... to attract new investors and capital.
Madoff continued his fraudulent get-rich pyramid scheme until he amassed over $64 billion before being arrested in 2009, where he pleaded guilty to 11 federal felony counts, including securities fraud, wire fraud, mail fraud, perjury and money laundering. The Ponzi scheme became a potent symbol of the culture of greed and dishonesty that, to critics, pervaded Wall Street in the run-up to the financial crisis. This is the Evolution of an MC: Pocket Full of Ghetto Poems Vol. 2 www.bobbeethehater.blogspot.com
