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(Yahoo)   Man convicted of the largest financial scam in Russian history is out of jail, running a new Ponzi scheme that he openly tells investors is one, and Russian authorities are powerless to stop him   (news.yahoo.com) divider line 45
    More: Strange, Russians, Ponzi schemes, Fas, investors, jail  
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9031 clicks; posted to Main » on 11 Jun 2012 at 12:31 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-06-11 11:28:48 AM  
So to sum up: Sneeze on a picture of Vladimir Putin?: Two months in Jail

Run a ginormous Ponzi scheme after going to jail for running one before?: Eh. What can we do really?

what's the point of living in a totalitarian system if the government doesn't at least smackd own the bad guys with their extra-judicial powers once in a while?
 
2012-06-11 12:32:33 PM  
He should run for President of Russia.
 
2012-06-11 12:32:41 PM  
That guy should really get into politics if he is that charismatic.
 
2012-06-11 12:33:01 PM  
media1.break.com
 
2012-06-11 12:34:27 PM  
Remember - it's not fraud if you tell everyone exactly how you're going to screw them.

/who is dumb enough to invest in this?
 
2012-06-11 12:34:58 PM  

Magorn: So to sum up: Sneeze on a picture of Vladimir Putin?: Two months in Jail

Run a ginormous Ponzi scheme after going to jail for running one before?: Eh. What can we do really?

what's the point of living in a totalitarian system if the government doesn't at least smackd own the bad guys with their extra-judicial powers once in a while?


Because the government is obviously benefitting. Once that stops, they will come in and smack this guy around.
 
2012-06-11 12:36:12 PM  
If you look around the table and you can't tell who the sucker is, the sucker is your mom
 
2012-06-11 12:39:04 PM  
And when you open it up, there are five more increasingly smaller ponzi schemes inside.
 
2012-06-11 12:39:29 PM  
Con the wrong biznesman and the problem will fix itself. Double tap, leave the gun
 
2012-06-11 12:41:27 PM  

Magorn: So to sum up: Sneeze on a picture of Vladimir Putin?: Two months in Jail

Run a ginormous Ponzi scheme after going to jail for running one before?: Eh. What can we do really?

what's the point of living in a totalitarian system if the government doesn't at least smackd own the bad guys with their extra-judicial powers once in a while?


Who do you think paid for that picture of Putin you're not allowed to sneeze on?
 
2012-06-11 12:41:28 PM  

hp6sa: Remember - it's not fraud if you tell everyone exactly how you're going to screw them.

/who is dumb enough to invest in this?


Well, if you get in early enough...

/brb, Amway rep at the door
 
2012-06-11 12:42:00 PM  
Get me in on the ground floor!
 
2012-06-11 12:45:12 PM  
hp6sa: Remember - it's not fraud if you tell everyone exactly how you're going to screw them.

/who is dumb enough to invest in this?


If you get in then cash out before the wheel fall off the scheme you can make out like a bandit.... Of course if you stay in too long and the wheels fall off you just lost all the money you invested into the scheme and all the intrest you was supposed to earn.

I wouldn't do it, but your odds are probably better than gambling in a casino.
 
2012-06-11 12:47:35 PM  

Oldiron_79: hp6sa: Remember - it's not fraud if you tell everyone exactly how you're going to screw them.

/who is dumb enough to invest in this?

If you get in then cash out before the wheel fall off the scheme you can make out like a bandit.... Of course if you stay in too long and the wheels fall off you just lost all the money you invested into the scheme and all the intrest you was supposed to earn.

I wouldn't do it, but your odds are probably better than gambling in a casino.


Yeah, it's basically a game of chicken crossed with a lottery.
 
2012-06-11 12:58:19 PM  
Sergei Mavrodi founded the most notorious pyramid scheme Russia has known, MMM, persuading millions that they could earn fantastic returns by investing in worthless paper.

Another Keynsian?
 
2012-06-11 01:09:14 PM  
Oh, so he's getting involved with Amway, then?
 
2012-06-11 01:10:01 PM  
 
2012-06-11 01:11:06 PM  
How do I invest?
 
2012-06-11 01:15:55 PM  

JonathanChance: Oh, so he's getting involved with Amway, then?


No, Russia already tried that back in 2001
 
2012-06-11 01:21:12 PM  
As long as you're not at the bottom of the pyramid, you're fine. You'll see your 40% return.

What you're betting on is whether he'll have the charisma to recruit new blood into the scheme after you.
 
2012-06-11 01:28:40 PM  

Arkanaut: He should run for President of Russia.


He did.
 
2012-06-11 01:34:04 PM  
He farked up the first time by distributing scrip with a likeness of his face etched on it. This time he's using what, bit coins? And, his ads do contain a disclaimer.

/chum the waters with the promise of 40% returns and every size and shape of shark rises
//refurbished bridges, cheap!!!
 
2012-06-11 01:42:21 PM  
Sounds like my old boss that always said "You're going to have to trust me." I could never trust him and never did
 
2012-06-11 01:50:42 PM  

hp6sa: Remember - it's not fraud if you tell everyone exactly how you're going to screw them.

/who is dumb enough to invest in this?


Every voting, SSI- paying American.
 
2012-06-11 02:09:24 PM  

Magorn: So to sum up: Sneeze on a picture of Vladimir Putin?: Two months in Jail

Run a ginormous Ponzi scheme after going to jail for running one before?: Eh. What can we do really?

what's the point of living in a totalitarian system if the government doesn't at least smackd own the bad guys with their extra-judicial powers once in a while?


From what I saw; the guy is hiding. He could be conducting all his business behind 37 proxies in the middle of Siberia; and even the penguins wouldn't know it.

/ I know that there aren't any penguins in Siberia; the kremlin sent in the polar bears to eat all of them after the penguins ate all the American bass that Putin had carted in during the late 90's
 
2012-06-11 02:17:47 PM  
gdb.rferl.org

Does not agree that Russian authorities are powerless.

In Svt Russia you are powerless to stop the authorities!

USSR! USSR! USSR!
 
2012-06-11 02:19:16 PM  
The old cons are the best cons.
Suckers just want to believe.
 
2012-06-11 02:31:32 PM  

snocone: The old cons are the best cons.
Suckers just want to believe.


Yep, and people who want something for nothing, deserve and usually get -- nothing.
 
2012-06-11 02:58:00 PM  
It`s not fraud if you say "give me money so I can have it and then other people will be encouraged to do the same", it`s just counting on stupid people having money.

Every business works the same way,
 
2012-06-11 03:05:02 PM  

uber humper: [gdb.rferl.org image 430x295]

Does not agree that Russian authorities are powerless.

In Svt Russia you are powerless to stop the authorities!

USSR! USSR! USSR!


What's amusing is that Russians thought, in 2006(!) that Western powers wouldn't be able to fingerprint the isotope. Took a few weeks, granted. See my upthread post with the wikipedia url.
 
2012-06-11 03:11:08 PM  
What, this is basically what any financial planner does on a daily basis. They sell you worthless mutual funds, insurance 'products', and other worthless bits of paper, collect a fat percentage of your principle, and bail once they have enough money to feel dignity again.
 
2012-06-11 03:24:14 PM  

krackpipe: uber humper: [gdb.rferl.org image 430x295]

Does not agree that Russian authorities are powerless.

In Svt Russia you are powerless to stop the authorities!

USSR! USSR! USSR!

What's amusing is that Russians thought, in 2006(!) that Western powers wouldn't be able to fingerprint the isotope. Took a few weeks, granted. See my upthread post with the wikipedia url.



Take a look sometime what the US is doing in your name.
 
2012-06-11 03:52:07 PM  

krackpipe: uber humper: [gdb.rferl.org image 430x295]

Does not agree that Russian authorities are powerless.

In Svt Russia you are powerless to stop the authorities!

USSR! USSR! USSR!

What's amusing is that Russians thought, in 2006(!) that Western powers wouldn't be able to fingerprint the isotope. Took a few weeks, granted. See my upthread post with the wikipedia url.


I didn't see your post.

It's hard to believe it was almost 6 years ago...
 
2012-06-11 05:22:26 PM  

HAMMERTOE: hp6sa: Remember - it's not fraud if you tell everyone exactly how you're going to screw them.

/who is dumb enough to invest in this?

Every voting, SSI- paying American.


Loser troll is a loser. So sad.
 
2012-06-11 05:52:17 PM  
Fish in a Barrel: Oldiron_79: hp6sa: Remember - it's not fraud if you tell everyone exactly how you're going to screw them.

/who is dumb enough to invest in this?

If you get in then cash out before the wheel fall off the scheme you can make out like a bandit.... Of course if you stay in too long and the wheels fall off you just lost all the money you invested into the scheme and all the intrest you was supposed to earn.

I wouldn't do it, but your odds are probably better than gambling in a casino.

Yeah, it's basically a game of chicken crossed with a lottery.


Yeah pretty much. I've also heard it compared to a game of musical chairs.
 
2012-06-11 06:12:57 PM  
I fail to see why they should arrest him at all.

The USSA has been doing roughly the same thing for years, and the people responsible are still at their government jobs.

They ought to let Bernie Madhoff out of prison, give him a pardon and pay him royalties on his invention.
 
2012-06-11 06:17:14 PM  

Oldiron_79: Fish in a Barrel: Oldiron_79: hp6sa: Remember - it's not fraud if you tell everyone exactly how you're going to screw them.

/who is dumb enough to invest in this?

If you get in then cash out before the wheel fall off the scheme you can make out like a bandit.... Of course if you stay in too long and the wheels fall off you just lost all the money you invested into the scheme and all the intrest you was supposed to earn.

I wouldn't do it, but your odds are probably better than gambling in a casino.

Yeah, it's basically a game of chicken crossed with a lottery.

Yeah pretty much. I've also heard it compared to a game of musical chairs.


So, am I understanding you guys correctly in that you want to start a fark ponzi?
 
2012-06-11 06:27:21 PM  
Powerless to stop him? This is a country still run by the KGB that kills dissidents around the world, locks up executives at companies that compete with state owned enterprises, and harasses activists who dare run against the ruling political party. Powerless huh
 
2012-06-11 07:31:01 PM  
JUICE! JUICE! JUICE! JUICE!...

/now I'm sad.
 
2012-06-11 08:04:59 PM  
Tell the people you are going to screw them
screw the people
tell the people you screwed them
 
2012-06-11 11:27:49 PM  
im guessing that at a minimum
that the state is getting taxes off of money that they would not have otherwise seen

im guessing that later his crimes will be "discovered"
 
2012-06-11 11:28:17 PM  
uber humper: Oldiron_79: Fish in a Barrel: Oldiron_79: hp6sa: Remember - it's not fraud if you tell everyone exactly how you're going to screw them.

/who is dumb enough to invest in this?

If you get in then cash out before the wheel fall off the scheme you can make out like a bandit.... Of course if you stay in too long and the wheels fall off you just lost all the money you invested into the scheme and all the intrest you was supposed to earn.

I wouldn't do it, but your odds are probably better than gambling in a casino.

Yeah, it's basically a game of chicken crossed with a lottery.

Yeah pretty much. I've also heard it compared to a game of musical chairs.

So, am I understanding you guys correctly in that you want to start a fark ponzi?


Why? you interested in investing?
 
2012-06-11 11:56:13 PM  
Does he call it "Social Security"?
 
2012-06-12 01:12:48 AM  
Putin should just put a hit out on the guy. What's one more?
 
2012-06-12 06:50:48 AM  

DavidVincent: krackpipe: uber humper: [gdb.rferl.org image 430x295]

Does not agree that Russian authorities are powerless.

In Svt Russia you are powerless to stop the authorities!

USSR! USSR! USSR!

What's amusing is that Russians thought, in 2006(!) that Western powers wouldn't be able to fingerprint the isotope. Took a few weeks, granted. See my upthread post with the wikipedia url.

Take a look sometime what the US is doing in your name.


It seems likely you've been socked in the mouth by some of your best friends.
 
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