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Tag Archives: suckers

SOCIAL NETWORKS AS DISINFECTANT: THE FRAGILITY OF FRAUDULENT SCHEMES

SOCIAL NETWORKS AS DISINFECTANT: THE FRAGILITY OF FRAUDULENT SCHEMES A Ponzi scheme increases in fragility over time; it requires more and more new funds to keep it going, so it collapses when one eventually runs out of suckers.* Now it looks like it is a universal property of fraudulent schemes: you need more and more […]