Ponzi scheme http://wshu.org en How to fall for a Ponzi in three steps http://wshu.org/post/how-fall-ponzi-three-steps <p>Six years after Bernard Madoff&nbsp;became a household name people still fall for Ponzi&nbsp;schemes. That's probably because schemers have a tried and true method backed up by psychology.&nbsp;</p><p></p><p>Last year there was a big $96 million Ponzi scheme on Long Island. It had all the trapping of a Hollywood con: offshore shell companies, luxury cars, and there was even a famous beachfront resort near the Hamptons.</p><p>But for the victim there was nothing glamorous about it</p> Wed, 09 Jul 2014 21:15:31 +0000 Charles Lane 20378 at http://wshu.org How to fall for a Ponzi in three steps Conn. bank settles Madoff lawsuits http://wshu.org/post/conn-bank-settles-madoff-lawsuits <p>Westport National Bank will pay more than $7 million to about 240 investors, who lost millions in Bernie Madoff's massive Ponzi scheme.</p><p> Fri, 19 Jul 2013 13:42:25 +0000 Dan Katz 2161 at http://wshu.org