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Nearly ninety years later, Bernie Madoff resurrected the idea on a grand scale, orchestrating a scheme that swindled 65 billion dollars from thousands of investors over a span of two decades. Unlike Ponzi's scheme, which lasted less than six months, Madoff’s operation became one of the largest investment frauds in history. Both schemes yield a sobering reminder: whenever something seems too good to be true, it often is.
A Collection of the Strangest Ponzi Schemes
In a world rife with scams, many bizarre and unique Ponzi schemes have been uncovered, illustrating the endless creativity of fraudsters. Here are some of the most unusual cases: