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The key quote from that article: > "...no legitimate investments were made on the investors' behalf for at least the last 12 years..." It's unfortunate for th
by sjwright 9y ago
The key quote from that article:
> "...no legitimate investments were made on the investors' behalf for at least the last 12 years..."
It's unfortunate for the people who thought they were earning interest, but it wasn't earned; it was money stolen from other investors.
- x0x0 9y agoIt is worth noting, however, that apparently you can only clawback disbursements for the previous six years, so someone who invested in the 70s most likely did quite well via withdrawals.