Monday September 6th 2010
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Feds: Man’s global Ponzi scheme ‘massive,’ mocking

Feds: Man’s global Ponzi scheme ‘massive,’ mocking
EAST ST. LOUIS, Ill. — A Canadian national who the U.S. government says swindled $70 million from 40,000 investors on six continents carried out the same kind of Ponzi scheme the one-time bank robber mocked on his website, federal investigators allege.

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