a thoughtful web.
Share good ideas and conversation.   Login or Take a Tour!
comment by bikeexpert

>the California-based business only made a fraction of the 17,000 generators it claimed to have built, and paid back old investors with new investors' money.

I have some uncles that use the same stupid scheme. Of course, at a waaaay lower level. They never have money so they borrow from friends and family and give the money back, you guessed it by borrowing from other friends and family.