In reality, it was a Ponzi scam bigger than the entire Roman Empire.
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Madoff, the convicted schemer of the largest Ponzi scam ever, is serving a 150-year sentence in a federal prison outside of Raleigh, N.
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Originally requesting eight hours from the prison warden, she was given two hours to probe the man who spearheaded the largest Ponzi scam in history.
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Chase not only needs to turn over the documents, it owes the public, Madoff investors and shareholders a complete accounting of its role in the largest Ponzi scam in history.
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They usually run their scam through the Ponzi technique: They pay off older investors with money from new investors, not from real returns.
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In some ways the aftermath of the Madoff scam is much like the Ponzi scheme itself.
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