Home -> Law Blog Directory -> Criminal Law Blogs -> Crime & Federalism

Criminal Law

: Crime & Federalism

More on the Agape World Ponzi Scheme

A Long Island, New York businessman was arrested for perpetrating a $380 million Ponzi scheme.  I did some research, and came across some interesting information.  People were on message boards asking about Agape World.  Here was one (unedited) post:Has anyone invested with Agape World Inc? They provide bridge loans, and offer investors 13-14% returns.?When my brother was telling me about it, it sounded kinda fishy and risky.What also turned me off is that the guy who told my brother about it told him that he's made1mil just investing. He also mentioned that he gets a percentage out of people he signs up. Sounds like a pyramid or mlm, scheme whatever you want to call it.Can anyone provide any info on this company. I've done searches on the web and can't find anything...continue to full post

Full post as published by Crime & Federalism on January 27, 2009 (boomark / email).