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'Mini-Madoff' Scammed Churchgoers, Blames Banks

By Wesley Oliver,  Newser Staff

Posted May 10, 2009 1:26 PM CDT

(Newser) – For some, 2009 may be remembered as the year of the Ponzi scheme: Last year, federal regulators prosecuted 13 such scams, but in just the first few months of this year, they’ve already filed 22 cases, reports ABC News. One recent bust is Long...   Read full story »

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