4 ms·
Sounds like a pretty great scam to me. Open a casino with a "broken" game in an easy regulatory jurisdiction (lots of these, most of them are in places with bea
by chillydawg 10y ago
Sounds like a pretty great scam to me. Open a casino with a "broken" game in an easy regulatory jurisdiction (lots of these, most of them are in places with beaches, too), wait for the vultures to descend with their millions in illegal deposits routed from the US via various dodgy places and then just disappear knowing there is virtually no legal recourse for the people who lost money.
- bbcbasic 10y agoSounds like the mtgox debacle too
- pmarreck 10y agoI call this "Plan C" (for criminal)
- syllogism 10y agoCongratulations, you've invented the Ponzi scam :) It does sound like the site was "broken" like a fox...
- coldtea 10y agoWhat the parent described is not at all like the Ponzi scam (except leaving with the money). Ponzi scam is akin to the "pyramid scam" -- paying early investors with the money from later generations of investors. What the parent described is a "gather the money and go" operation.
- syllogism 10y agoCongratulations, you've invented the Ponzi scam :) It does sound like the site was "broken" like a fox...