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View Diary: Blackwater In-Law DeVos outlines "stealth" plot against Public Education (169 comments)

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  •  actually he didn't. (1+ / 0-)
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    He was more audacious: he sold scam investments directly to the victims.  His victims at first thought they were getting a great deal so they referred other people to him, who he proceeded to scam as well.  

    It all appeared to be generating money for the people involved, so long as new people were coming in and putting money in.  Eventually the pyramid collapsed.  

    At least Madeoff got what was coming to him, contrast to the DeVos.  

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