Mar 2, 2025
It's not a Ponzi scheme because we can make it work by funding it like a Ponzi scheme
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It's not a Ponzi scheme because we can make it work by funding it like a Ponzi scheme
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David Gentile, who scammed thousands of “hardworking, everyday people,” had served less than two weeks of a seven-year sentence.
Trump pardons a fellow filthy rich crook.
President Donald Trump sprung a fellow convicted fraudster from prison this week after the man had served less than two weeks of a seven-year sentence for a $1.6 billion Ponzi scheme. David Gentile first reported to prison on Nov. 14 following his sentencing in May for using funds controlled by his company GPB Capital to scam around 10,000 investors over a period of several years, the New York Times reports. He was freed Wednesday, after just 12 days behind bars. In securing Gentile’s conviction last August, prosecutors had cited victim statements from more than 1,000 “hardworking, everyday people”—among them veterans, farmers, teachers and nurses—who’d lost money as a result of his crimes. “I lost my whole life savings,” one person claimed, adding they’d now found themselves “living from check to check.”
In the meantime, Trump and MAGA Republicans have caused healthcare premiums to skyrocket.
This is: Government of the billionaires, by the billionaires, and for the billionaires.
The government prints money out of thin air and then taxes us for working for it. 🤔
It’s unclear whether he still owns the underwater scooter—but if so, it’s probably not going to be much help in federal prison.
Newsflash
Cook County implements feudalism.
The Cook County Board of Commissioners unanimously approved $7.5 million to make a guaranteed basic income pilot program permanent.
Poor folk become state controlled serfs in a county implemented money laundering Ponzi scheme.
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Free to watch • No registration required • HD streaming
if you were curious about the wall
Marian Morgan stole millions by defrauding clients through a complex Ponzi scheme. trump granted her a commutation, allowing her to keep the $ 17.5 million she stole from consumers.
the baby boom ponzi scheme