Sunday, July 11, 2010

Hundreds of Federal Agents Fall Victim to Ponzi Scheme

From AOL NEWS and Cryptogon.

FBI agents are supposed to unearth scams, not become victims of them. This time is different.
Some 300 retired and current federal agents — representing the FBI, the Drug Enforcement Administration and Immigration and Customs Enforcement — collectively invested tens of millions of dollars of retirement money in what turned out to be a Ponzi scheme allegedly run by a Florida man who committed suicide last month, an attorney in the case said...

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