If you survey people at a bar, you’ll find that everyone has an idea for a business, a book, or both. Very few of those people will ever follow through on either one. OP had a business idea, but he didn’t have the money or time to make it happen on his own. So, when …
Tag Archives: Ponzi
Is DJ Envy A Suspect In The Alleged Real Estate Ponzi Scheme?
Getty Image DJ Envy, co-host of The Breakfast Club, generally provides light-hearted commentary, but right now, he’s connected to a very serious federal investigation. Cesar Pina, known as a business associate of Envy’s and occasional guest on The Breakfast Club, has been arrested and charged by federal prosecutors for “a multi-million-dollar Ponzi-like investment fraud scheme” …
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Here’s What To Know About DJ Envy’s Alleged Real Estate Ponzi Scheme
Getty Image Power 105’s studios in New York City have been the site of plenty of drama related to The Breakfast Club, but last week, things got even wilder when the iHeartRadio station’s office was raided by federal agents who confiscated electronics as evidence in an investigation involving Breakfast Club co-host DJ Envy. Unlike fellow …
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Fat Joe Had Some Inflammatory Thoughts About The Major Label System, Calling It A ‘Ponzi Scheme’
Getty Image It should come as no surprise that rap veteran Fat Joe thinks “the major label system is a Ponzi scheme.” Over the course of hip-hop’s 50-year history, rappers have often shared their grievances with record labels and the people who conduct the business of marketing — but not making — music for the …
On Top Of Everything Else, George Santos Also Worked For A Company Accused Of Being A Ponzi Scheme
Getty Image Before he was improbably elected to Congress, George Santos was busy. He wasn’t busy doing a lot of the things he told voters he’d done, such as going to prestigious universities and having Jewish heritage. Instead, he’s been accused of all manner of underhandedness and tomfoolery. On top of allegations ranging from fraud …
Former ‘O.C.’ Star Ben McKenzie Brought His Fight Against Crypto To Congress: ‘Largest Ponzi Scheme In History’
Getty Image Earlier in the year, former O.C. star Ben McKenzie became one of the few Hollywood celebrities willing to take a stand against cryptocurrency. In fact, most of his contemporaries like Matt Damon, Gwyneth Paltrow, and Larry David were a little too eager to endorse the sketchy “investment” opportunity, which has experienced some devastating …
In Totally Unsurprising News, Bill O’Reilly Endorsed A Real Estate Venture That Turned Out To Be A Ponzi Scheme
Getty Image If an investment sounds too good to be true, it probably is. And if an investment sounds too good to be true and has Bill O’Reilly is endorsing it: run for the hills! As The Daily Beast reports, a company called National Realty Investment Advisors — which O’Reilly shilled for via Facebook ads …
Martin Shkreli announces new crypto-backed, blockchain-based drug company, which definitely won’t be another Ponzi scheme
Martin Shkreli is back. The infamous “pharma bro,” who was released from prison two months ago, announced the creation of Druglike, a “web3 drug discovery software platform” that seeks to “disrupt the economics of the drug business,” according to a press release. Whether it will actually go anywhere or is just another one of Shkreli’s …