Longform

  • Podcast
  • Best Of
    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
  • Archive

    • Sections
    • Publications
    • Writers
    • Tags
  • Random Article
  • Contact

    • podcast@longform.org

Tags

Ponzi Scheme

Crime World

Fraud on the Farm

How a baby-faced CEO turned a Farmville clone into a massive Ponzi scheme.

Paul Benjamin Osterlund Rest of World Jul 2021 15min Permalink

Crime

Bros and Cons

The rise and fall of a Bitcoin mining scheme that was “too big to fail.”

Alan Prendergast Westword Feb 2020 30min Permalink

Crime Sports Media

The Rise and Fall of a New York Shock Jock

How Craig Carton, a morning host on WFAN, ended up running a Ponzi scheme.

Nick Paumgarten New Yorker Apr 2019 25min Permalink

Crime Food

The Disastrous $45 Million Fall of a High-End Wine Scammer

Premier Cru’s “pre-arrival” cases were deeply discounted. When too many failed to arrive, a multi-decade wine Ponzi-scheme fell apart.

Michael Steinberger Bloomberg Businessweek Aug 2016 15min Permalink

Business Crime

The Departed

On a November morning, Olympic rower and financial advisor Harold Backer left for a bike ride and never returned. His disappearance remained a mystery – until letters began arriving at the homes of his investors.

Kip McDaniel Chief Investment Officer Feb 2016 25min Permalink

Crime Science

Birdman

A man’s love of pigeons leads him to build a Ponzi scheme out of birds.

Jon Mooallem New York Times Magazine Mar 2015 Permalink

Business Crime

The Hunt for Mukhtar Ablyazov: Banker, Criminal, Fugitive, Victim?

Searching for the alleged Kazakh Bernie Madoff.

Elliot Wilson Euromoney Jan 2014 Permalink

Crime

The Long Con

The intertwined lives of an Oregon rancher and a Indiana fraudster.

Michael Rubino Indianapolis Monthly Jun 2013 30min Permalink

Eyes Wide Shut

What the wife of a ponzi schemer knew.

Tony D'Souza Sarasota Magazine Sep 2012 Permalink

Business Crime

The U.S. Government Is a Sham. The Federal Reserve Is Running a Secret Bond Market. Global Finance Is Controlled by an “Upperworld” of Rogue Black-Ops Fixers.

The story of a Ponzi schemer who became the mark.

Guy Lawson New York Jul 2012 20min Permalink

Crime

The Turnaround Men

A charismatic entrepreneur, an ex-con turned devout Christian, and the politicians who championed them.

The story of a $36 billion Ponzi scheme in Minnesota.

Mariah Blake The New Republic Oct 2011 35min Permalink

Business Crime

The Man Who Time (Almost) Forgot

On William H. McMasters, who ten days after being hired as Charles Ponzi’s publicist wrote a scathing exposé in The Boston Post that revealed the biggest fraud, at the time, in American history.

Cora Bullock Fraud Magazine Jul 2011 10min Permalink

Business

The Madoff of the Midwest

How Tim Durham funded a libertine lifestyle—dozens of luxury cars, Playboy-themed parties, a plethora of failed businesses—on the backs of unwitting Ohioans, many of them Amish.

Annie Lowrey Businessweek Jul 2011 15min Permalink

The Biggest Green Scam in America

A Denver businessman’s revolutionary green energy company turned out to be nothing but a Ponzi scheme built to fund a lifestyle of booze-soaked hotel orgies with flown-in prostitutes.

James Carlson 5280 Jul 2011 25min Permalink

Business Crime

The Madoff Tapes

“One evening, my home phone rang. ‘You have a collect call from Bernard Madoff, an inmate at a federal prison,’ a recording announced. And there he was.”

Steve Fishman New York Mar 2011 30min Permalink

Business Crime

Bernie Madoff, Free at Last

What’s Madoff like as a prisoner? According to his fellow inmates, he’s cheap (“You couldn’t get an ice-cream cone off him”), he’s unrepentant (“Fuck my victims”), and he’s eager to dole out financial advice.

Steve Fishman New York Jun 2010 20min Permalink