The Income Store raised $75 million to purchase and manage websites receiving a percentage of ownership and guaranteed 20% returns.
The returns were much lower so they paid returns with new investors money, creating a ponzi scheme.
https://www.chicagotribune.com/busi...0200115-wgva2q4hbnay7ddk46kij66fi4-story.html
The returns were much lower so they paid returns with new investors money, creating a ponzi scheme.
https://www.chicagotribune.com/busi...0200115-wgva2q4hbnay7ddk46kij66fi4-story.html