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‘Greed, power and fame’: inside pop music’s biggest Ponzi scheme | Documentary

circleWith hundreds of millions of records sold, still going strong into their fourth decade, and praised by the likes of Taylor Swift, boy bands Backstreet Boys and N’Sync are truly pop kings. But they were also the creations of one of America’s biggest criminals, and the new Netflix documentary series Dirty Pop: The Boy Band […]

How Zachary Horwitz pulled off ‘Hollywood’s biggest Ponzi scheme’

An aspiring actor who moved to Hollywood from Indiana starred in “Hollywood’s biggest Ponzi scheme,” raising more than $690 million by convincing family, friends and other investors that he was running a successful film licensing business. According to court documents, Zachary Horowitz, who appeared under the stage name Zach Avery in small roles in films […]

The Great Ponzi Scheme

The fiscal burden of the United States is getting seriously out of hand. The United States is in fiscal trouble. The burden of government spending has increased by nearly $3 trillion over the past 10 years—nearly doubling in just one decade! And that means more resources are diverted from the economy’s productive sector, which is […]