So you fell for one of the oldest financial tricks in the world: a Ponzi scheme. Named after Charles Ponzi and recently made famous again by Bernie Madoff, the government is feeling generous towards you. You don’t get your money back, but you do get some cool tax breaks. Smartmoney.com has put together a good primer.
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07/02/2009
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About Michael Finney:
"I'll tell Michael Finney!" Those words are said every day in the Bay Area by embattled consumers -- and they get results.
Michael Finney has been the Bay Area's Consumer Watchdog for well over a decade. While heading up ABC7's 7 On Your Side consumer unit, Michael has investigated and uncovered government and industry wrong doing and brought important information to consumers. >> MORE
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