ponzi scheme

So I met an American that told me that he got scammed by a Porteño in some fake investment scheme. I couldn't believe that someone could be so stupid. But then he told me that many other foreigners get scammed by locals. I laughed and told him that I doubt that someone could be so foolish but...

Heads up! A new documentary on Netflix about a big Ponzi scheme in Argentina just hit. Check it out. I enjoyed it. https://www.netflix.com/title/81617277

Following the case of Argentina's largest fraud by Enrique Blacksley, owner of Hope Funds and dubbed the "Argentinian Madoff," orchestrating 311 scams based on the notorious Ponzi scheme, Alejandro Muszak emerges as the country's second most significant swindler. Fortunately he was arrested...