Formerly known as a Ponzi scheme.
A lot of people lost their life savings in a Madoff Scheme. Too bad they didn't do their due diligence before handing over their money.
by kajoe June 29, 2009
Can you define these popular missing words?
Madoff's Ponzi scheme was so large, we can't even call it a Ponzi scheme. We call that a Madoff scheme.
by Apollo Jefferson July 15, 2011