Episode 69: "Rob Peter to Pay Paul‪"‬ The Wealth Principles

How can I confirm my money is safe with the company? Is cryptocurrency actually legitimating or is it all a scam? What exactly did Bernie Madoff do to scam all his investors out of their money? We've all other asked these questions or have been asked questions like these and others similar to this as some point in our lives, and you may not be wrong in being skeptical of investing your earnings with the right individuals. Welcome to a new Episode of the Wealth Principles podcast. In today's episode we highlight what exactly is a Ponzi scheme and how someone may be in one without actual knowledge of the fact. We cover the intricacies of a Ponzi scheme by:
I. The Definition of a Ponzi scheme
II. The history of the name and its originations
III. Red Flags to watch for when investing money with an investment manager/platform.
IV. An example of a Ponzi scheme being performed in real time.
V. What the future of investing money with individuals may shape out to be in the near future.
Along with other examples such as the ones mentioned above.
Make sure to like, subscribe and share today's episode and channel with everyone as we want to make sure we are protecting everyone from scammers such as Bernie Madoff and may others like him.
Disclaimer: This Episode was made not to promote investing scamming but rather to protect individuals from falling into one.
Thank you.