#ponzischemes — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #ponzischemes, aggregated by home.social.
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Georgia financial CEO Todd Burkhalter sentenced for running historic $380M Ponzi scheme to fund lavish lifestyle
A Georgia financial advising CEO was sentenced Friday to 20 years behind bars for masterminding a $380 million…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Business #Atlanta #Financialplanning #Florida #Georgia #ponzischemes #sentences #USNews
https://www.newsbeep.com/us/814289/ -
Georgia financial CEO Todd Burkhalter sentenced for running historic $380M Ponzi scheme to fund lavish lifestyle
A Georgia financial advising CEO was sentenced Friday to 20 years behind bars for masterminding a $380 million…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Business #Atlanta #Financialplanning #Florida #Georgia #ponzischemes #sentences #USNews
https://www.newsbeep.com/us/814289/ -
"Over the next year or so, Sun would come to believe he’d made a colossal mistake. World Liberty would disappoint his expectations and those of many other investors: The decentralized crypto products it promised would largely never materialize; the money investors put in would remain mostly locked away from them; and the $WLFI cryptocurrency would crash, leaving many token holders with huge losses while the president and his partners made hundreds of millions in profits. Sun would be stripped of his tokens entirely. “Today, the thing I regret the most is not only that my money got stuck but that my name is on the project,” Sun says. “I believe many other people also got harmed.” In April 2026, he filed a lawsuit against World Liberty alleging fraud and breach of contract. When we spoke in June via Zoom, it was late in the evening in Hong Kong, where he lives (...) Wearing a deep-blue crewneck T-shirt, he drank water from a carafe as he walked me through his past and his time with World Liberty. Our conversation took place under the shadow of defamation claims World Liberty had recently made against Sun, and he seemed torn between wanting to condemn the company’s actions and staying within the guardrails his lawyers had set for him. But he couldn’t hide his outrage at World Liberty — for making a mockery of the principles it was purportedly founded on and for, in his eyes, essentially stealing his money in full public view. “I never expected this to happen to me,” says Sun. “This is the worst-case scenario.”
Sun’s account, and those of others who invested in and worked for the company, depict an enterprise that was partially inspired and de facto run by Herro — a man whose career might be characterized as a high-speed succession of shameless for-profit hustles."
https://nymag.com/intelligencer/article/justin-sun-world-liberty-lawsuit-trump-crypto-herro.html
#Crypto #Cryptocurrencies #MoneyLaundering #PonziSchemes #Trump #WorldLiberty
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"Over the next year or so, Sun would come to believe he’d made a colossal mistake. World Liberty would disappoint his expectations and those of many other investors: The decentralized crypto products it promised would largely never materialize; the money investors put in would remain mostly locked away from them; and the $WLFI cryptocurrency would crash, leaving many token holders with huge losses while the president and his partners made hundreds of millions in profits. Sun would be stripped of his tokens entirely. “Today, the thing I regret the most is not only that my money got stuck but that my name is on the project,” Sun says. “I believe many other people also got harmed.” In April 2026, he filed a lawsuit against World Liberty alleging fraud and breach of contract. When we spoke in June via Zoom, it was late in the evening in Hong Kong, where he lives (...) Wearing a deep-blue crewneck T-shirt, he drank water from a carafe as he walked me through his past and his time with World Liberty. Our conversation took place under the shadow of defamation claims World Liberty had recently made against Sun, and he seemed torn between wanting to condemn the company’s actions and staying within the guardrails his lawyers had set for him. But he couldn’t hide his outrage at World Liberty — for making a mockery of the principles it was purportedly founded on and for, in his eyes, essentially stealing his money in full public view. “I never expected this to happen to me,” says Sun. “This is the worst-case scenario.”
Sun’s account, and those of others who invested in and worked for the company, depict an enterprise that was partially inspired and de facto run by Herro — a man whose career might be characterized as a high-speed succession of shameless for-profit hustles."
https://nymag.com/intelligencer/article/justin-sun-world-liberty-lawsuit-trump-crypto-herro.html
#Crypto #Cryptocurrencies #MoneyLaundering #PonziSchemes #Trump #WorldLiberty
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"Over the next year or so, Sun would come to believe he’d made a colossal mistake. World Liberty would disappoint his expectations and those of many other investors: The decentralized crypto products it promised would largely never materialize; the money investors put in would remain mostly locked away from them; and the $WLFI cryptocurrency would crash, leaving many token holders with huge losses while the president and his partners made hundreds of millions in profits. Sun would be stripped of his tokens entirely. “Today, the thing I regret the most is not only that my money got stuck but that my name is on the project,” Sun says. “I believe many other people also got harmed.” In April 2026, he filed a lawsuit against World Liberty alleging fraud and breach of contract. When we spoke in June via Zoom, it was late in the evening in Hong Kong, where he lives (...) Wearing a deep-blue crewneck T-shirt, he drank water from a carafe as he walked me through his past and his time with World Liberty. Our conversation took place under the shadow of defamation claims World Liberty had recently made against Sun, and he seemed torn between wanting to condemn the company’s actions and staying within the guardrails his lawyers had set for him. But he couldn’t hide his outrage at World Liberty — for making a mockery of the principles it was purportedly founded on and for, in his eyes, essentially stealing his money in full public view. “I never expected this to happen to me,” says Sun. “This is the worst-case scenario.”
Sun’s account, and those of others who invested in and worked for the company, depict an enterprise that was partially inspired and de facto run by Herro — a man whose career might be characterized as a high-speed succession of shameless for-profit hustles."
https://nymag.com/intelligencer/article/justin-sun-world-liberty-lawsuit-trump-crypto-herro.html
#Crypto #Cryptocurrencies #MoneyLaundering #PonziSchemes #Trump #WorldLiberty
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"Over the next year or so, Sun would come to believe he’d made a colossal mistake. World Liberty would disappoint his expectations and those of many other investors: The decentralized crypto products it promised would largely never materialize; the money investors put in would remain mostly locked away from them; and the $WLFI cryptocurrency would crash, leaving many token holders with huge losses while the president and his partners made hundreds of millions in profits. Sun would be stripped of his tokens entirely. “Today, the thing I regret the most is not only that my money got stuck but that my name is on the project,” Sun says. “I believe many other people also got harmed.” In April 2026, he filed a lawsuit against World Liberty alleging fraud and breach of contract. When we spoke in June via Zoom, it was late in the evening in Hong Kong, where he lives (...) Wearing a deep-blue crewneck T-shirt, he drank water from a carafe as he walked me through his past and his time with World Liberty. Our conversation took place under the shadow of defamation claims World Liberty had recently made against Sun, and he seemed torn between wanting to condemn the company’s actions and staying within the guardrails his lawyers had set for him. But he couldn’t hide his outrage at World Liberty — for making a mockery of the principles it was purportedly founded on and for, in his eyes, essentially stealing his money in full public view. “I never expected this to happen to me,” says Sun. “This is the worst-case scenario.”
Sun’s account, and those of others who invested in and worked for the company, depict an enterprise that was partially inspired and de facto run by Herro — a man whose career might be characterized as a high-speed succession of shameless for-profit hustles."
https://nymag.com/intelligencer/article/justin-sun-world-liberty-lawsuit-trump-crypto-herro.html
#Crypto #Cryptocurrencies #MoneyLaundering #PonziSchemes #Trump #WorldLiberty
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"Over the next year or so, Sun would come to believe he’d made a colossal mistake. World Liberty would disappoint his expectations and those of many other investors: The decentralized crypto products it promised would largely never materialize; the money investors put in would remain mostly locked away from them; and the $WLFI cryptocurrency would crash, leaving many token holders with huge losses while the president and his partners made hundreds of millions in profits. Sun would be stripped of his tokens entirely. “Today, the thing I regret the most is not only that my money got stuck but that my name is on the project,” Sun says. “I believe many other people also got harmed.” In April 2026, he filed a lawsuit against World Liberty alleging fraud and breach of contract. When we spoke in June via Zoom, it was late in the evening in Hong Kong, where he lives (...) Wearing a deep-blue crewneck T-shirt, he drank water from a carafe as he walked me through his past and his time with World Liberty. Our conversation took place under the shadow of defamation claims World Liberty had recently made against Sun, and he seemed torn between wanting to condemn the company’s actions and staying within the guardrails his lawyers had set for him. But he couldn’t hide his outrage at World Liberty — for making a mockery of the principles it was purportedly founded on and for, in his eyes, essentially stealing his money in full public view. “I never expected this to happen to me,” says Sun. “This is the worst-case scenario.”
Sun’s account, and those of others who invested in and worked for the company, depict an enterprise that was partially inspired and de facto run by Herro — a man whose career might be characterized as a high-speed succession of shameless for-profit hustles."
https://nymag.com/intelligencer/article/justin-sun-world-liberty-lawsuit-trump-crypto-herro.html
#Crypto #Cryptocurrencies #MoneyLaundering #PonziSchemes #Trump #WorldLiberty
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US to Drop Charges for Alleged $722 Million Crypto Fraudster (1) https://www.byteseu.com/2184067/ #apprenticeships #CriminalConspiracy #Crypto #CryptoCurrency #DigitalCurrency #GuiltyPleas #IllegalSaleOfUnregisteredSecurities #IndictmentAndInformation #PonziSchemes #WireFraud
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"The Second Circuit of Appeals, which in November 2025 heard oral arguments in Sam Bankman-Fried’s appeal of his November 2023 conviction [I96], has upheld the verdict and rejected Bankman-Fried’s request for a new trial with a new judge. I’ve purchased the full document so it’s uploaded to CourtListener’s RECAP archive.
The appeal was one of Bankman-Fried’s few remaining options after Judge Lewis Kaplan denied his motion for a new trial in April [No new trial].
Bankman-Fried tried to argue before the Second Circuit that his FTX cryptocurrency exchange was solvent before, during, and after its bankruptcy, and that its dramatic collapse was simply the result of a temporary liquidity squeeze caused by a sudden wave of withdrawals. (At various points he has made clear that his definition of “solvency” is his own, novel one.)"
https://www.citationneeded.news/second-circuit-rejects-sam-bankman-frieds-appeal/
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"The Second Circuit of Appeals, which in November 2025 heard oral arguments in Sam Bankman-Fried’s appeal of his November 2023 conviction [I96], has upheld the verdict and rejected Bankman-Fried’s request for a new trial with a new judge. I’ve purchased the full document so it’s uploaded to CourtListener’s RECAP archive.
The appeal was one of Bankman-Fried’s few remaining options after Judge Lewis Kaplan denied his motion for a new trial in April [No new trial].
Bankman-Fried tried to argue before the Second Circuit that his FTX cryptocurrency exchange was solvent before, during, and after its bankruptcy, and that its dramatic collapse was simply the result of a temporary liquidity squeeze caused by a sudden wave of withdrawals. (At various points he has made clear that his definition of “solvency” is his own, novel one.)"
https://www.citationneeded.news/second-circuit-rejects-sam-bankman-frieds-appeal/
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"The Second Circuit of Appeals, which in November 2025 heard oral arguments in Sam Bankman-Fried’s appeal of his November 2023 conviction [I96], has upheld the verdict and rejected Bankman-Fried’s request for a new trial with a new judge. I’ve purchased the full document so it’s uploaded to CourtListener’s RECAP archive.
The appeal was one of Bankman-Fried’s few remaining options after Judge Lewis Kaplan denied his motion for a new trial in April [No new trial].
Bankman-Fried tried to argue before the Second Circuit that his FTX cryptocurrency exchange was solvent before, during, and after its bankruptcy, and that its dramatic collapse was simply the result of a temporary liquidity squeeze caused by a sudden wave of withdrawals. (At various points he has made clear that his definition of “solvency” is his own, novel one.)"
https://www.citationneeded.news/second-circuit-rejects-sam-bankman-frieds-appeal/
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"The Second Circuit of Appeals, which in November 2025 heard oral arguments in Sam Bankman-Fried’s appeal of his November 2023 conviction [I96], has upheld the verdict and rejected Bankman-Fried’s request for a new trial with a new judge. I’ve purchased the full document so it’s uploaded to CourtListener’s RECAP archive.
The appeal was one of Bankman-Fried’s few remaining options after Judge Lewis Kaplan denied his motion for a new trial in April [No new trial].
Bankman-Fried tried to argue before the Second Circuit that his FTX cryptocurrency exchange was solvent before, during, and after its bankruptcy, and that its dramatic collapse was simply the result of a temporary liquidity squeeze caused by a sudden wave of withdrawals. (At various points he has made clear that his definition of “solvency” is his own, novel one.)"
https://www.citationneeded.news/second-circuit-rejects-sam-bankman-frieds-appeal/
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"The Second Circuit of Appeals, which in November 2025 heard oral arguments in Sam Bankman-Fried’s appeal of his November 2023 conviction [I96], has upheld the verdict and rejected Bankman-Fried’s request for a new trial with a new judge. I’ve purchased the full document so it’s uploaded to CourtListener’s RECAP archive.
The appeal was one of Bankman-Fried’s few remaining options after Judge Lewis Kaplan denied his motion for a new trial in April [No new trial].
Bankman-Fried tried to argue before the Second Circuit that his FTX cryptocurrency exchange was solvent before, during, and after its bankruptcy, and that its dramatic collapse was simply the result of a temporary liquidity squeeze caused by a sudden wave of withdrawals. (At various points he has made clear that his definition of “solvency” is his own, novel one.)"
https://www.citationneeded.news/second-circuit-rejects-sam-bankman-frieds-appeal/
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Ex-NFL player John Leake, convicted of $8M Ponzi scheme, should have league benefits garnished, fed say https://www.rawchili.com/nfl/880443/ #CommercialRealEstate #Crime #Football #gambling #PonziSchemes #USNews #WireFraud
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Ex-NFL player John Leake, convicted of $8M Ponzi scheme, should have league benefits garnished, fed say https://www.rawchili.com/nfl/880443/ #CommercialRealEstate #Crime #Football #gambling #PonziSchemes #USNews #WireFraud
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Tom’s Hardware: Ponzi schemer behind $201 million Bitcoin scam sentenced to 20 years in federal prison — promised 3% daily returns on Bitcoin investments, left investors reeling. “The cryptocurrency rush of the late 2010s led to heavy investment in the field. However, as with every gold rush, there are always fake map sellers. One of those is Ramil Ventura Palafox, who today was sentenced to […]
https://rbfirehose.com/2026/02/16/toms-hardware-ponzi-schemer-behind-201-million-bitcoin-scam-sentenced-to-20-years-in-federal-prison-promised-3-daily-returns-on-bitcoin-investments-left-investors-reeling/ -
Tom’s Hardware: Ponzi schemer behind $201 million Bitcoin scam sentenced to 20 years in federal prison — promised 3% daily returns on Bitcoin investments, left investors reeling. “The cryptocurrency rush of the late 2010s led to heavy investment in the field. However, as with every gold rush, there are always fake map sellers. One of those is Ramil Ventura Palafox, who today was sentenced to […]
https://rbfirehose.com/2026/02/16/toms-hardware-ponzi-schemer-behind-201-million-bitcoin-scam-sentenced-to-20-years-in-federal-prison-promised-3-daily-returns-on-bitcoin-investments-left-investors-reeling/ -
Tom’s Hardware: Ponzi schemer behind $201 million Bitcoin scam sentenced to 20 years in federal prison — promised 3% daily returns on Bitcoin investments, left investors reeling. “The cryptocurrency rush of the late 2010s led to heavy investment in the field. However, as with every gold rush, there are always fake map sellers. One of those is Ramil Ventura Palafox, who today was sentenced to […]
https://rbfirehose.com/2026/02/16/toms-hardware-ponzi-schemer-behind-201-million-bitcoin-scam-sentenced-to-20-years-in-federal-prison-promised-3-daily-returns-on-bitcoin-investments-left-investors-reeling/ -
Tom’s Hardware: Ponzi schemer behind $201 million Bitcoin scam sentenced to 20 years in federal prison — promised 3% daily returns on Bitcoin investments, left investors reeling. “The cryptocurrency rush of the late 2010s led to heavy investment in the field. However, as with every gold rush, there are always fake map sellers. One of those is Ramil Ventura Palafox, who today was sentenced to […]
https://rbfirehose.com/2026/02/16/toms-hardware-ponzi-schemer-behind-201-million-bitcoin-scam-sentenced-to-20-years-in-federal-prison-promised-3-daily-returns-on-bitcoin-investments-left-investors-reeling/ -
How many ways can a fraudster find to scam people online? You will be surprised at the creativity and variety of scams perpetrated across the Internet. Here's a list of the most common types.
#onlineScams #cybercrime #scams #scareWare #arbitrage #greyMarkets #pyramidScams #PonziSchemes #domainNameScams #deceptiveAds
https://negativepid.blog/computer-enabled-crimes-virtual-scams/
https://negativepid.blog/computer-enabled-crimes-virtual-scams/ -
"I have just bought a Maserati, and thanks to a smart investment I'm retiring at 23 and living my best life. I want to help you do the same." If it seems too good to be true, it probably is. Spoiler alert: it's a scam.
#scams #instagram #forex #crypto #forexScams #pyramidSchemes #ponziSchemes
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/ -
"I have just bought a Maserati, and thanks to a smart investment I'm retiring at 23 and living my best life. I want to help you do the same." If it seems too good to be true, it probably is. Spoiler alert: it's a scam.
#scams #instagram #forex #crypto #forexScams #pyramidSchemes #ponziSchemes
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/ -
"I have just bought a Maserati, and thanks to a smart investment I'm retiring at 23 and living my best life. I want to help you do the same." If it seems too good to be true, it probably is. Spoiler alert: it's a scam.
#scams #instagram #forex #crypto #forexScams #pyramidSchemes #ponziSchemes
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/ -
"I have just bought a Maserati, and thanks to a smart investment I'm retiring at 23 and living my best life. I want to help you do the same." If it seems too good to be true, it probably is. Spoiler alert: it's a scam.
#scams #instagram #forex #crypto #forexScams #pyramidSchemes #ponziSchemes
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/ -
How many ways can a fraudster find to scam people online? You will be surprised at the creativity and variety of scams perpetrated across the Internet. Here's a list of the most common types.
#onlineScams #cybercrime #scams #scareWare #arbitrage #greyMarkets #pyramidScams #PonziSchemes #domainNameScams #deceptiveAds
https://negativepid.blog/computer-enabled-crimes-virtual-scams/
https://negativepid.blog/computer-enabled-crimes-virtual-scams/ -
"I have just bought a Maserati, and thanks to a smart investment I'm retiring at 23 and living my best life. I want to help you do the same." If it seems too good to be true, it probably is. Spoiler alert: it's a scam.
#scams #instagram #forex #crypto #forexScams #pyramidSchemes #ponziSchemes
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/ -
"I have just bought a Maserati, and thanks to a smart investment I'm retiring at 23 and living my best life. I want to help you do the same." If it seems too good to be true, it probably is. Spoiler alert: it's a scam.
#scams #instagram #forex #crypto #forexScams #pyramidSchemes #ponziSchemes
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/
https://negativepid.blog/the-trading-trap-of-instagram-forex-scams/ -
How many ways can a fraudster find to scam people online? You will be surprised at the creativity and variety of scams perpetrated across the Internet. Here's a list of the most common types.
#onlineScams #cybercrime #scams #scareWare #arbitrage #greyMarkets #pyramidScams #PonziSchemes #domainNameScams #deceptiveAds
https://negativepid.blog/computer-enabled-crimes-virtual-scams/
https://negativepid.blog/computer-enabled-crimes-virtual-scams/ -
How many ways can a fraudster find to scam people online? You will be surprised at the creativity and variety of scams perpetrated across the Internet. Here's a list of the most common types.
#onlineScams #cybercrime #scams #scareWare #arbitrage #greyMarkets #pyramidScams #PonziSchemes #domainNameScams #deceptiveAds
https://negativepid.blog/computer-enabled-crimes-virtual-scams/
https://negativepid.blog/computer-enabled-crimes-virtual-scams/ -
How are Americans going to bail out the social security ponzi scheme?
#pensions #retirement #budgetdeficits #pyramidschemes #ponzi #ponzischemes #socialsecurity #uspolitics #usa #americans #retirees #bailouts -
How are Americans going to bail out the social security ponzi scheme?
#pensions #retirement #budgetdeficits #pyramidschemes #ponzi #ponzischemes #socialsecurity #uspolitics #usa #americans #retirees #bailouts -
How are Americans going to bail out the social security ponzi scheme?
#pensions #retirement #budgetdeficits #pyramidschemes #ponzi #ponzischemes #socialsecurity #uspolitics #usa #americans #retirees #bailouts -
How are Americans going to bail out the social security ponzi scheme?
#pensions #retirement #budgetdeficits #pyramidschemes #ponzi #ponzischemes #socialsecurity #uspolitics #usa #americans #retirees #bailouts -
Mashable: Internet marketer Tai Lopez bought RadioShack. Now he’s being sued for using it in a Ponzi scheme.. “RadioShack. Modell’s Sporting Goods. Pier 1 Imports. Dress Barn. Linens ‘n Things. What do they all have in common? These once well-known brick-and-mortar retail brands eventually hit hard times and were then acquired by Retail Ecommerce Ventures (REV), run by Tai Lopez and Alex Mehr. […]
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Mashable: Internet marketer Tai Lopez bought RadioShack. Now he’s being sued for using it in a Ponzi scheme.. “RadioShack. Modell’s Sporting Goods. Pier 1 Imports. Dress Barn. Linens ‘n Things. What do they all have in common? These once well-known brick-and-mortar retail brands eventually hit hard times and were then acquired by Retail Ecommerce Ventures (REV), run by Tai Lopez and Alex Mehr. […]
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Mashable: Internet marketer Tai Lopez bought RadioShack. Now he’s being sued for using it in a Ponzi scheme.. “RadioShack. Modell’s Sporting Goods. Pier 1 Imports. Dress Barn. Linens ‘n Things. What do they all have in common? These once well-known brick-and-mortar retail brands eventually hit hard times and were then acquired by Retail Ecommerce Ventures (REV), run by Tai Lopez and Alex Mehr. […]
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"If you reject the very idea that problems are systemic, then you have no use for institutions, and institutions are the only effective response to systemic problems. That primes you to reject the unsatisfying answers of science ("If you don't want to get cancer, regulate corporations and cars that dump carcinogens into the environment") in favor of individual solutions, which are, inevitably, products that someone can sell you, from alkaline water to electrosmog-shielding hats.
Rejecting systemic explanations also primes you to believe in conspiracy theories. This is why antisemitism is called "the socialism of fools": rather than fighting against the system of primacy of extractive finance capital over the productive economy, you spend all your time locked in a one-sided battle with an imaginary cabal of evil Jewish bankers.
Conspiratorial beliefs make you especially vulnerable to a grifter's sales pitch that goes like this: "Of course they don't want you to drink raw milk, otherwise you'd be as powerful as they are." Variations on this theme include "buy the miracle anti-aging cure that only billionaires are privy to" and "buy a bump stock before the conspiracy to take away your right to self-defense makes them illegal."
(...)
Many people have observed that one of the reasons conservatives govern so badly is that they campaign on the idea that "governments are wasteful and inefficient," which means that if they run the government in a wasteful and inefficient fashion, they only prove their point. In the same fashion: right-wing grifters who pitch you on the idea an evil cabal has rigged the game, and then take your money and rip you off, are demonstrating the correctness of their pitch."https://pluralistic.net/2025/07/22/all-day-suckers/#i-love-the-poorly-educated
#Conservatism #ConspiracyTheories #PonziSchemes #PyramidSchemes #MultiLevelMarketing
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"If you reject the very idea that problems are systemic, then you have no use for institutions, and institutions are the only effective response to systemic problems. That primes you to reject the unsatisfying answers of science ("If you don't want to get cancer, regulate corporations and cars that dump carcinogens into the environment") in favor of individual solutions, which are, inevitably, products that someone can sell you, from alkaline water to electrosmog-shielding hats.
Rejecting systemic explanations also primes you to believe in conspiracy theories. This is why antisemitism is called "the socialism of fools": rather than fighting against the system of primacy of extractive finance capital over the productive economy, you spend all your time locked in a one-sided battle with an imaginary cabal of evil Jewish bankers.
Conspiratorial beliefs make you especially vulnerable to a grifter's sales pitch that goes like this: "Of course they don't want you to drink raw milk, otherwise you'd be as powerful as they are." Variations on this theme include "buy the miracle anti-aging cure that only billionaires are privy to" and "buy a bump stock before the conspiracy to take away your right to self-defense makes them illegal."
(...)
Many people have observed that one of the reasons conservatives govern so badly is that they campaign on the idea that "governments are wasteful and inefficient," which means that if they run the government in a wasteful and inefficient fashion, they only prove their point. In the same fashion: right-wing grifters who pitch you on the idea an evil cabal has rigged the game, and then take your money and rip you off, are demonstrating the correctness of their pitch."https://pluralistic.net/2025/07/22/all-day-suckers/#i-love-the-poorly-educated
#Conservatism #ConspiracyTheories #PonziSchemes #PyramidSchemes #MultiLevelMarketing
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"If you reject the very idea that problems are systemic, then you have no use for institutions, and institutions are the only effective response to systemic problems. That primes you to reject the unsatisfying answers of science ("If you don't want to get cancer, regulate corporations and cars that dump carcinogens into the environment") in favor of individual solutions, which are, inevitably, products that someone can sell you, from alkaline water to electrosmog-shielding hats.
Rejecting systemic explanations also primes you to believe in conspiracy theories. This is why antisemitism is called "the socialism of fools": rather than fighting against the system of primacy of extractive finance capital over the productive economy, you spend all your time locked in a one-sided battle with an imaginary cabal of evil Jewish bankers.
Conspiratorial beliefs make you especially vulnerable to a grifter's sales pitch that goes like this: "Of course they don't want you to drink raw milk, otherwise you'd be as powerful as they are." Variations on this theme include "buy the miracle anti-aging cure that only billionaires are privy to" and "buy a bump stock before the conspiracy to take away your right to self-defense makes them illegal."
(...)
Many people have observed that one of the reasons conservatives govern so badly is that they campaign on the idea that "governments are wasteful and inefficient," which means that if they run the government in a wasteful and inefficient fashion, they only prove their point. In the same fashion: right-wing grifters who pitch you on the idea an evil cabal has rigged the game, and then take your money and rip you off, are demonstrating the correctness of their pitch."https://pluralistic.net/2025/07/22/all-day-suckers/#i-love-the-poorly-educated
#Conservatism #ConspiracyTheories #PonziSchemes #PyramidSchemes #MultiLevelMarketing
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"If you reject the very idea that problems are systemic, then you have no use for institutions, and institutions are the only effective response to systemic problems. That primes you to reject the unsatisfying answers of science ("If you don't want to get cancer, regulate corporations and cars that dump carcinogens into the environment") in favor of individual solutions, which are, inevitably, products that someone can sell you, from alkaline water to electrosmog-shielding hats.
Rejecting systemic explanations also primes you to believe in conspiracy theories. This is why antisemitism is called "the socialism of fools": rather than fighting against the system of primacy of extractive finance capital over the productive economy, you spend all your time locked in a one-sided battle with an imaginary cabal of evil Jewish bankers.
Conspiratorial beliefs make you especially vulnerable to a grifter's sales pitch that goes like this: "Of course they don't want you to drink raw milk, otherwise you'd be as powerful as they are." Variations on this theme include "buy the miracle anti-aging cure that only billionaires are privy to" and "buy a bump stock before the conspiracy to take away your right to self-defense makes them illegal."
(...)
Many people have observed that one of the reasons conservatives govern so badly is that they campaign on the idea that "governments are wasteful and inefficient," which means that if they run the government in a wasteful and inefficient fashion, they only prove their point. In the same fashion: right-wing grifters who pitch you on the idea an evil cabal has rigged the game, and then take your money and rip you off, are demonstrating the correctness of their pitch."https://pluralistic.net/2025/07/22/all-day-suckers/#i-love-the-poorly-educated
#Conservatism #ConspiracyTheories #PonziSchemes #PyramidSchemes #MultiLevelMarketing
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"If you reject the very idea that problems are systemic, then you have no use for institutions, and institutions are the only effective response to systemic problems. That primes you to reject the unsatisfying answers of science ("If you don't want to get cancer, regulate corporations and cars that dump carcinogens into the environment") in favor of individual solutions, which are, inevitably, products that someone can sell you, from alkaline water to electrosmog-shielding hats.
Rejecting systemic explanations also primes you to believe in conspiracy theories. This is why antisemitism is called "the socialism of fools": rather than fighting against the system of primacy of extractive finance capital over the productive economy, you spend all your time locked in a one-sided battle with an imaginary cabal of evil Jewish bankers.
Conspiratorial beliefs make you especially vulnerable to a grifter's sales pitch that goes like this: "Of course they don't want you to drink raw milk, otherwise you'd be as powerful as they are." Variations on this theme include "buy the miracle anti-aging cure that only billionaires are privy to" and "buy a bump stock before the conspiracy to take away your right to self-defense makes them illegal."
(...)
Many people have observed that one of the reasons conservatives govern so badly is that they campaign on the idea that "governments are wasteful and inefficient," which means that if they run the government in a wasteful and inefficient fashion, they only prove their point. In the same fashion: right-wing grifters who pitch you on the idea an evil cabal has rigged the game, and then take your money and rip you off, are demonstrating the correctness of their pitch."https://pluralistic.net/2025/07/22/all-day-suckers/#i-love-the-poorly-educated
#Conservatism #ConspiracyTheories #PonziSchemes #PyramidSchemes #MultiLevelMarketing
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The #Secretary Who Helped Uncover One of #America’s Strangest #PonziSchemes
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The #Secretary Who Helped Uncover One of #America’s Strangest #PonziSchemes
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The #Secretary Who Helped Uncover One of #America’s Strangest #PonziSchemes
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The #Secretary Who Helped Uncover One of #America’s Strangest #PonziSchemes
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The #Secretary Who Helped Uncover One of #America’s Strangest #PonziSchemes
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AFP: Estonians plead guilty to US charges in $577 mn crypto scheme. “Two Estonian nationals have pleaded guilty to defrauding hundreds of thousands of people around the world in a $577 million cryptocurrency Ponzi scheme, the Justice Department said Thursday. Sergei Potapenko and Ivan Turogin, both age 40, were extradited from Estonia to the United States last year to face charges of […]
https://rbfirehose.com/2025/02/15/afp-estonians-plead-guilty-to-us-charges-in-577-mn-crypto-scheme/
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AFP: Estonians plead guilty to US charges in $577 mn crypto scheme. “Two Estonian nationals have pleaded guilty to defrauding hundreds of thousands of people around the world in a $577 million cryptocurrency Ponzi scheme, the Justice Department said Thursday. Sergei Potapenko and Ivan Turogin, both age 40, were extradited from Estonia to the United States last year to face charges of […]
https://rbfirehose.com/2025/02/15/afp-estonians-plead-guilty-to-us-charges-in-577-mn-crypto-scheme/
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Binance CEO #RichardTeng warns crypto investors to stay alert against Ponzi and pyramid schemes. His essential tips for safeguarding your investments are a must-read! 🛡️ #CryptoScams #PonziSchemes #Binance #CryptoSecurity
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Binance CEO #RichardTeng warns crypto investors to stay alert against Ponzi and pyramid schemes. His essential tips for safeguarding your investments are a must-read! 🛡️ #CryptoScams #PonziSchemes #Binance #CryptoSecurity
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Binance CEO #RichardTeng warns crypto investors to stay alert against Ponzi and pyramid schemes. His essential tips for safeguarding your investments are a must-read! 🛡️ #CryptoScams #PonziSchemes #Binance #CryptoSecurity
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Cybercriminals are increasingly targeting retail affiliate programs with sophisticated cryptocurrency scams. Retailers and customers must stay alert against domain fraud, brand impersonation, and online Ponzi schemes to prevent losses.
Learn more on @Hackread: https://hackread.com/amazon-target-hackers-top-brands-crypto-scam/
#CyberSecurity #Retail #RetailSecurity #PonziSchemes #BrandImpersonation #Fraud #DomainFraud
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Cybercriminals are increasingly targeting retail affiliate programs with sophisticated cryptocurrency scams. Retailers and customers must stay alert against domain fraud, brand impersonation, and online Ponzi schemes to prevent losses.
Learn more on @Hackread: https://hackread.com/amazon-target-hackers-top-brands-crypto-scam/
#CyberSecurity #Retail #RetailSecurity #PonziSchemes #BrandImpersonation #Fraud #DomainFraud
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Cybercriminals are increasingly targeting retail affiliate programs with sophisticated cryptocurrency scams. Retailers and customers must stay alert against domain fraud, brand impersonation, and online Ponzi schemes to prevent losses.
Learn more on @Hackread: https://hackread.com/amazon-target-hackers-top-brands-crypto-scam/
#CyberSecurity #Retail #RetailSecurity #PonziSchemes #BrandImpersonation #Fraud #DomainFraud
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Cybercriminals are increasingly targeting retail affiliate programs with sophisticated cryptocurrency scams. Retailers and customers must stay alert against domain fraud, brand impersonation, and online Ponzi schemes to prevent losses.
Learn more on @Hackread: https://hackread.com/amazon-target-hackers-top-brands-crypto-scam/
#CyberSecurity #Retail #RetailSecurity #PonziSchemes #BrandImpersonation #Fraud #DomainFraud
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Cybercriminals are increasingly targeting retail affiliate programs with sophisticated cryptocurrency scams. Retailers and customers must stay alert against domain fraud, brand impersonation, and online Ponzi schemes to prevent losses.
Learn more on @Hackread: https://hackread.com/amazon-target-hackers-top-brands-crypto-scam/
#CyberSecurity #Retail #RetailSecurity #PonziSchemes #BrandImpersonation #Fraud #DomainFraud
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In the latest episode of our podcast, @NotTheLinux, @ColonelPanic, @seanmcnee, and Sasha Angus dive deep into the murky waters of retail-targeted campaigns. From domain fraud and brand impersonation to Ponzi schemes, cybercriminals are getting more sophisticated. Learn how to protect your business and stay ahead of the threats.
🔗 Watch on YouTube: https://bit.ly/4gmXbnX
OR
🎧 Listen here: https://bit.ly/3z5b1eb
#CyberSecurity #RetailSecurity #DomainFraud #BrandProtection #PonziSchemes
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In the latest episode of our podcast, @NotTheLinux, @ColonelPanic, @seanmcnee, and Sasha Angus dive deep into the murky waters of retail-targeted campaigns. From domain fraud and brand impersonation to Ponzi schemes, cybercriminals are getting more sophisticated. Learn how to protect your business and stay ahead of the threats.
🔗 Watch on YouTube: https://bit.ly/4gmXbnX
OR
🎧 Listen here: https://bit.ly/3z5b1eb
#CyberSecurity #RetailSecurity #DomainFraud #BrandProtection #PonziSchemes
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In the latest episode of our podcast, @NotTheLinux, @ColonelPanic, @seanmcnee, and Sasha Angus dive deep into the murky waters of retail-targeted campaigns. From domain fraud and brand impersonation to Ponzi schemes, cybercriminals are getting more sophisticated. Learn how to protect your business and stay ahead of the threats.
🔗 Watch on YouTube: https://bit.ly/4gmXbnX
OR
🎧 Listen here: https://bit.ly/3z5b1eb
#CyberSecurity #RetailSecurity #DomainFraud #BrandProtection #PonziSchemes
-
In the latest episode of our podcast, @NotTheLinux, @ColonelPanic, @seanmcnee, and Sasha Angus dive deep into the murky waters of retail-targeted campaigns. From domain fraud and brand impersonation to Ponzi schemes, cybercriminals are getting more sophisticated. Learn how to protect your business and stay ahead of the threats.
🔗 Watch on YouTube: https://bit.ly/4gmXbnX
OR
🎧 Listen here: https://bit.ly/3z5b1eb
#CyberSecurity #RetailSecurity #DomainFraud #BrandProtection #PonziSchemes