The Original Ponzi Explained

I read cnn.com regularly, almost everyday and the sensational $50 billion Madoff investment scam had definitely attracted my attention. I had always wondered about who the original Ponzi scheme perpetrator was or how that name came about for that type of fraud.

Only I had been lazy enough that I never bothered to type those few letters into google or wiki and find out for myself. Thankfully, cnn.com ran an article on the original scheme. Once I was done reading that article I got interested in the victims of this fraud, who might have earned some but then eventually lost quite a bit or all of their investment, by the time 2009 arrives.
While glancing through the list, I did a double take when I came across one name : .an individual investor named "Ira Roth".

On my first glance I assumed it was somebody's ROTH IRA investment, but upon reading again I was amazed to see that somebody's name happens to be the same as a tax free retirement vehicle. Granted, Roth does derive its name from a Senator Roth (source), but still it sure was fun to see someone with a first name IRA and last name ROTH.

Money to India

Transfer money to India via ICICI bank, one of India's leading private sector banks.
They are always running some promotion or the other and their exchange rates are competitive.

Their dollar transfer service to India for NRI (non resident Indian) people from US or other currencies from UK, Europe, the Middle east etc. to India is called the

Money2India service.
A customer would need on www.money2india.com
To get additional advantages in rates you could try using the Promo Code 35923 & transact $500 or above (or equivalent in other currencies) by December 31, 2008 using any of the Money2India online products.

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