Small Wisconsin town rocked by federal bust of local Ponzi scheme – Crime Watch Daily

Small Wisconsin town rocked by federal bust of local Ponzi scheme – Crime Watch Daily

A multimillion-dollar Ponzi scheme tears down many financially in Watertown, Wisconsin.

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30 thoughts on “Small Wisconsin town rocked by federal bust of local Ponzi scheme – Crime Watch Daily

  1. Ponzi schemes all over the country. Rampant financial fraud because of market deregulation. This keeps happening because we keep deregulating markets. The finance sector should be NATIONALIZED completely captialism is trash

  2. You stupid idiots. Work all your life, save, give it to fools you thought were hero’s. By doing so, you stole from your future. You fool. Now you blame a thief. A thief is better than a fool. But both suck ass.

  3. Tbh…the insurance money should pay out each victim….that would be pretty bittersweet. This family should profit no more from these peoples lives. If he scammed these people they should be the beneficiaries. 9 million in life insurance…come on now. This dudes family shouldn't get a red cent.

  4. Who the hell looks at Blubber Butts Jr. and think 'yeah, he will definitely not drain me out of my life savings'. I never understand why people take ALL of their retirement money and just invest into something purely out of hearsay. Do some research and never ever put all of your eggs into one basket.

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