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Michigan ponzi fraudster sentenced to 30 years jail
FBI Detroit press release
If you've ever wondered why it is that so many small HYIP ponzis disappear in the aftermath of one of the "next-big-things" collapsing, now you know.
Many ponzi operators do as David McQueen did and attempt to "piggyback" on other HYIPs, hoping to stretch out the life of their fraud
It never works, of course.
In fact, it makes things worse for the original fraudster, as it did for McQueen.
The only thing necessary for the triumph of evil is for good men to do nothing
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