"My favorite pre-Ponzi schemer was known as '520 Percent Miller' because he promised 10 percent returns a week, or 520 percent a year. Of course he was just using new investors' money to pay old investors, and soon he was on the lam."

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Source : "The Color of Money". Live discuss with Michelle Singletary, www.washingtonpost.com. January 29, 2009.

Mitchell Zuckoff

#Years Quotes #Pay Quotes #Return Quotes