PokerKnave's Blog

When Is A Ponzi Scheme Not A Ponzi Scheme?

The fall out from Full Tilt Poker continues and now includes the arrest of Raymond Bitar, the CEO for Tiltware the company behind Full Tilt Poker. Mr Bitar is accused of running a ponzi scheme in which new investors/players pay money so that the existing investors/players can get paid. With these types of schemes the […]

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