Madoff -- more than a Ponzi Scheme

Charles Ponzi's offer was made to speculators attracted by an abnormally high short-term return promising them a 50% return on investment in 45 days or "double your money" in 90 days.

In contrast Bernie Madoff attracted an investor seeking a steady, better-than-average, long-term return.

This difference enabled Madoff's to operate his scam for decades.

Another Timeshare Scam

A recent TV Station news report described a scam worked by a company that lured timeshare owners with a mail ad that read, “Now making immediate offers to timeshare owners who want to sell.”

Actually, once owners met with the scammer, they learned the offer was really for owners to deed their timeshare to the scammer in addition to paying the scammer $3,500.