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Old 09-21-2011, 10:50 AM   #32
BlackEleven
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Join Date: Apr 2004
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Quote:
Originally Posted by Raekwon View Post
Isn't it a Ponzi Scheme because they were paying people out without having enough money to cover winnings?
If it was a ponzi scheme they would have taken money out of the accounts and used that to pay investors in order to attract more investors, and then done that again and again until the scheme eventually ran out of money. All they did was just take money out of player accounts and keep it for themselves.
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