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Old 09-28-2017, 07:42 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,373
Quote:
Originally Posted by plsureking View Post
he's basically running a Ponzi scheme. borrowing from new lenders to pay off past loans.

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It's probably more simple and profitable than a ponzi scheme: pay off a few people (even drip feeding them) so that they post publicly that they've been paid, which in turn allows the scammer to lure more people in for new money.
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