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Law & Order Discuss Would you spend 21 days in prison for $1 million dollars? at the Political Forums; Dynamic Securities Analytics, Inc. in partnership with Jordan Maglich of PonziTracker.com published interactive analytics of alleged Ponzi schemes revealed and ...

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Old 08-10-2017, 04:48 PM
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Post Would you spend 21 days in prison for $1 million dollars?

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Dynamic Securities Analytics, Inc. in partnership with Jordan Maglich of PonziTracker.com published interactive analytics of alleged Ponzi schemes revealed and Ponzi-related prison sentences for 2016.

Key Take-Aways:

  • 59 new alleged Ponzi schemes were revealed in 2016. This is down from 61 schemes uncovered in 2015 and 70 schemes in 2014. However, the $2.3 billion potential loss revealed in 2016 is far greater than the $800 million total from 2015.
  • 67 individuals were sentenced in 2016 for Ponzi-related violations.
  • The median sentence for schemes valued less than $5,000,000 was 33 months (2.75 years). These individuals on average will spend 39 months in prison for each $1 million dollars stolen.
  • Individuals sentenced in schemes valued over $100,000,000 received a median 168 months (14 years) and will spend on average 21 days in prison for each $1 million dollars stolen.
  • By comparison, the average federal sentence for robbery in 2015 was 117 months with a median loss of $2,898. Therefore, robbers are sentenced to 40,372 months in prison for each $1 million stolen. Similarly, the average 2016 federal sentence for theft was 22 months with a median loss of $137,828. Therefore thieves were sentenced to 159 months per $1 million stolen.
  • New York was home of the largest dollar value of alleged Ponzi schemes with six schemes valued at over $1.07 Billion although most of that sum was accounted for by one large alleged scheme.
  • California was home to the highest count of alleged Ponzi schemes with nine schemes originating from the Golden State.
Would you spend 21 days in prison for $1 million dollars? 2016 Ponzi Scheme Analytics | Dynamic Securities Analytics

A clear demonstration of how the justice system differs for "white collar" crime.
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Old 08-10-2017, 08:05 PM
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Default Re: Would you spend 21 days in prison for $1 million dollars?

Yes.
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Old 08-10-2017, 08:06 PM
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Default Re: Would you spend 21 days in prison for $1 million dollars?

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Yes.
Yeah but would you run a ponzi scheme?
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Old 08-10-2017, 08:08 PM
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Default Re: Would you spend 21 days in prison for $1 million dollars?

No, I am much more ethical, the fear of punishment is not what keeps me honest, it is my conscience.
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Yeah but would you run a ponzi scheme?
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Old 08-11-2017, 10:51 AM
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Default Re: Would you spend 21 days in prison for $1 million dollars?

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Would you spend 21 days in prison for $1 million dollars? 2016 Ponzi Scheme Analytics | Dynamic Securities Analytics

A clear demonstration of how the justice system differs for "white collar" crime.
Looks clear that "white collar" felons who steal 100,000,000 average longer sentences than most violent felons.
That would seem like a bigger problem to me. Hell, the minimum penalty for 2nd degree murder in many states is 15 years or less.
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Old 08-11-2017, 12:03 PM
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Default Re: Would you spend 21 days in prison for $1 million dollars?

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Would you spend 21 days in prison for $1 million dollars? 2016 Ponzi Scheme Analytics | Dynamic Securities Analytics

A clear demonstration of how the justice system differs for "white collar" crime.
You've asked two questions. Whether I would spend 21 days in prison for a million. Even with Hillary or Hanoi Jane as cellmate. Yes. I spent 3 years confined to a military post for $78.00/month.

Would I participate in a Ponzi scheme? No. The penalty involved does not determine my actions. What I believe is right and wrong is the determiner.

But the real question posited by the article is not 21 days for a million, but 14 years for a hundred million. Different question, different answer.

Another small point. The article doesn't define Ponzi scheme, but the first two cases on the list were not Ponzi's, but just fraud. I wonder how many people know the difference?

Last edited by jimbo; 08-11-2017 at 12:13 PM..
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Old 08-11-2017, 09:02 PM
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Default Re: Would you spend 21 days in prison for $1 million dollars?

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Originally Posted by foundit66 View Post
Would you spend 21 days in prison for $1 million dollars? 2016 Ponzi Scheme Analytics | Dynamic Securities Analytics

A clear demonstration of how the justice system differs for "white collar" crime.
hail yeah a governor in florida should still be behind bars.
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Old 08-12-2017, 05:42 PM
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Default Re: Would you spend 21 days in prison for $1 million dollars?

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Would you spend 21 days in prison for $1 million dollars?
Of course I would. Spent longer and received zilch.

This must be the absolute dumbest q I've ever seen.

What's the next q? Would I go to third base with Michelle Obama for 30 million? Tough, but maybe. Would def have to find out fo sho if she's really a woman or not.

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Old 08-12-2017, 06:27 PM
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Default Re: Would you spend 21 days in prison for $1 million dollars?

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Of course I would. Spent longer and received zilch.

This must be the absolute dumbest q I've ever seen.

What's the next q? Would I go to third base with Michelle Obama for 30 million? Tough, but maybe. Would def have to find out fo sho if she's really a woman or not.

women untied that apron string?
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