ponzi scheme

  1. FrgMstr

    Newegg Sued by Korean Banks for Perpetrating Ponzi Scheme

    The LA Times has an interesting read that alleges that Newegg was part of a Ponzi Scheme along with ASI Group. The interesting part here is that folks have already been convicted and gone to jail over this, and now the banks that got defrauded are going after Newegg and ASI for being part of...