“The Ponzi Database, which was recently published at Ponzitracker.com, represents the first single comprehensive source to provide a window into the financial scourge that has inflicted irreparable damage on an investing public over the past six years.  The significant sample size also allows for a truly birds-eye view at just how widespread Ponzi schemes have become.  Indeed, in the six-year span from 2008 to 2013, Madoff’s scheme was only one of over 500 Ponzi schemes that collectively involved over $50 billion.  That’s billion with a ‘B.’ On average, a Ponzi scheme was uncovered or busted every four days in that six-year period.”

http://www.forbes.com/sites/jordanmaglich/2014/02/12/a-ponzi-pandemic-500-ponzi-schemes-totaling-50-billion-in-madoff-era/

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