Ponzi Scheme, Gold Standard, Richard Nixon

How US is turning the World's Economies into a massive Ponzi Scheme

1. PONZI SCHEME

2. Charles Ponzi

3. Ponzi Schemes in the 20th Century The 1990s saw a number of large Ponzi schemes worth upwards of $500 million. Country Date Ended Name of Scheme and Founder Value (USD) Belgium 1991 Moneytron , Jean-Pierre Van Rossem $860M Romania 1994 Caritas, Ioan Stoica $1B - $5B Russia 1994 MMM, Sergei Mavrodi $10B U.S. 1997 Great Ministries International, Geral Payne $500M

4. Ponzi Schemes in the 20th Century The 1990s saw a number of large Ponzi schemes worth upwards of $500 million. Country Date Ended Name of Scheme and Founder Value (USD) Belgium 1991 Moneytron , Jean-Pierre Van Rossem $860M Romania 1994 Caritas, Ioan Stoica $1B - $5B Russia 1994 MMM, Sergei Mavrodi $10B U.S. 1997 Great Ministries International, Geral Payne $500M

5. Ponzi Schemes in the 20th Century The 1990s saw a number of large Ponzi schemes worth upwards of $500 million. Country Date Ended Name of Scheme and Founder Value (USD) Belgium 1991 Moneytron , Jean-Pierre Van Rossem $860M Romania 1994 Caritas, Ioan Stoica $1B - $5B Russia 1994 MMM, Sergei Mavrodi $10B U.S. 1997 Great Ministries International, Geral Payne $500M

6. Ponzi Schemes in the 20th Century The 1990s saw a number of large Ponzi schemes worth upwards of $500 million. Country Date Ended Name of Scheme and Founder Value (USD) Belgium 1991 Moneytron , Jean-Pierre Van Rossem $860M Romania 1994 Caritas, Ioan Stoica $1B - $5B Russia 1994 MMM, Sergei Mavrodi $10B U.S. 1997 Great Ministries International, Geral Payne $500M

7. Ponzi Schemes in the 20th Century The 1990s saw a number of large Ponzi schemes worth upwards of $500 million. Country Date Ended Name of Scheme and Founder Value (USD) Belgium 1991 Moneytron , Jean-Pierre Van Rossem $860M Romania 1994 Caritas, Ioan Stoica $1B - $5B Russia 1994 MMM, Sergei Mavrodi $10B U.S. 1997 Great Ministries International, Geral Payne $500M

8. Ponzi Schemes in the 21st Century The American public has fallen victim to numerous multi-billion dollar Ponzi schemes since the beginning of the 21st century. Country Date Ended Name of Scheme and Founder Value (USD) U.S. 2003 Mutual Benefits Company, Joel Steinger $1B U.S. 2003 Petters Group Worldwide, Tom Petters $4B U.S. 2008 Madoff Investment Scandal, Bernie Madoff $65B U.S. 2012 Stanford Financial Group, Allen Stanford $7B

9. Ponzi Schemes in the 21st Century The American public has fallen victim to numerous multi-billion dollar Ponzi schemes since the beginning of the 21st century. Country Date Ended Name of Scheme and Founder Value (USD) U.S. 2003 Mutual Benefits Company, Joel Steinger $1B U.S. 2003 Petters Group Worldwide, Tom Petters $4B U.S. 2008 Madoff Investment Scandal, Bernie Madoff $65B U.S. 2012 Stanford Financial Group, Allen Stanford $7B

10. Ponzi Schemes in the 21st Century The American public has fallen victim to numerous multi-billion dollar Ponzi schemes since the beginning of the 21st century. Country Date Ended Name of Scheme and Founder Value (USD) U.S. 2003 Mutual Benefits Company, Joel Steinger $1B U.S. 2003 Petters Group Worldwide, Tom Petters $4B U.S. 2008 Madoff Investment Scandal, Bernie Madoff $65B U.S. 2012 Stanford Financial Group, Allen Stanford $7B

11. Ponzi Schemes in the 21st Century The American public has fallen victim to numerous multi-billion dollar Ponzi schemes since the beginning of the 21st century. Country Date Ended Name of Scheme and Founder Value (USD) U.S. 2003 Mutual Benefits Company, Joel Steinger $1B U.S. 2003 Petters Group Worldwide, Tom Petters $4B U.S. 2008 Madoff Investment Scandal, Bernie Madoff $65B U.S. 2012 Stanford Financial Group, Allen Stanford $7B

12. Ponzi Schemes in the 21st Century The American public has fallen victim to numerous multi-billion dollar Ponzi schemes since the beginning of the 21st century. Country Date Ended Name of Scheme and Founder Value (USD) U.S. 2003 Mutual Benefits Company, Joel Steinger $1B U.S. 2003 Petters Group Worldwide, Tom Petters $4B U.S. 2008 Madoff Investment Scandal, Bernie Madoff $65B U.S. 2012 Stanford Financial Group, Allen Stanford $7B

13. Richard Nixon USA’s 37 th President

14. Thank You