His con preyed on trust, family, friendship, and good old fashion human natured greed. He enticed new investors by offering abnormally high or unusually consistent returns that other investment houses could not guarantee/match. To keep everyone happy and the money flowing a Ponzi scheme requires an ever-increasing flow of money from investors to keep it going. Eventually the party ends as the system is destined to collapse because the earnings, if any, are less than the payments to investors, and by then the architect of the fraud has fled dodge or been discovered.
By now almost everyone has heard of the longest/largest Ponzi scheme ever
so no need to get into that complicated mess. But the Madoff/Met situation got me to thinking about whether Ponzi's scheme's exist in softball? The Answer is a resounding Yes!!!!! You bet they do!!!! As softball is an investment of not only time and money, but also of your heart, soul, passion, and love of/for the game.So be on the lookout for these
Top Ten Softball Ponzi Scheme Warnings Signs