Top 10 Largest Ponzi Schemes of the 21st Century

[PAGE-BREAK][/vc_column_text][/vc_column][/vc_row]

6. Bernard Madoff - $65 billion

Proclaimed as the worst thief in human history, Madoff leads our list of Ponzi conmen. Starting off as a humble salesman, he slowly worked his way to Wall Street. After developing the NASDAQ system, people started viewing him as a prodigy and financial genius.

Image source: url to replace

A reason for this is because he never reported any losses. This seemed suspicious to the FBI. It turns out that he was running the most complex Ponzi scheme ever, netting $65 billion in the process. After a short trial, he was sentenced to 150 years in prison.