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FRAUD: assault against humanity

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Who am I? I am the victim of financial crime.  Why do I talk about it? Because it matters. Why does it matter?Because fraud can kill.  Scammers steal something more than money from their victims. They steal trust in people and in humanity. Victims end up trusting no one. There is a physical rape, and there is a psychological rape. What scammers do to their victims is a psychological rape, it is an assault.  FRAUD is an assault against humanity. 

Who Was Ponzi & What Was His Scheme?

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Article by  ETHAN TREX Charles Ponzi What is a Ponzi scheme? And why does it bear this name? First, you need to know a little bit about its namesake, Charles Ponzi. Anyone can work a simple swindle, but you have to be a special kind of con man to have your name become synonymous with "fraud."  Ponzi pulled it off, though. After arriving in the U.S. from Italy in 1903, Ponzi knocked around in a variety of unskilled jobs that usually ended when he got into trouble for theft or cheating customers. A few years later, he moved to Canada, where he spent a hitch in prison for passing a forged check. When he eventually drifted back down to the U.S., he needed a way to make some quick cash. Making Money via Mail Ponzi eventually found his way to get rich quick using a vagary of the postal system. At the time, it was common for letters abroad to include an international reply coupon "“ a voucher that could be exchanged for minimum postage back to the country fro...