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Vijay Singh and Stanford Financial Still Partners Despite Ponzi Scheme Accusation

Posted on: Tue, 04/14/2009 - 22:40
Vijay Singh and Stanford Financial Still Partners Despite Ponzi Scheme Accusation

Did you guys see Vijay Singh this past week wearing that Stanford Financial gear! I guess Stanford Financial is still sponsoring him even though they are now an accused Ponzi Scheme! What the heck are they going to do if found guilty? Will Vijay have to sue them to get his payment for wearing their clothing and carrying the golfbag with their logo on it?

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Posted on: Sun, 04/19/2009 - 08:01 #1

It appears the government is going to give tax breaks to those caught up by Ponzi schemes. The Madoff guy has really brought Ponzi schemes to light and has shown just how damaging these things can be.

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Fitty

Posted on: Wed, 04/22/2009 - 18:33 #2

It's such a shame when so many lose their life savings to someone like that. Did you see on the news where the guy who was in his 80's lost everything when Madoff did his scamA confidence game or other fraudulent scheme, especially for making a quick profit; and is now having to work to make ends meet. The guy said he wasn't bitter but it would certainly be hard not to be in a situation like this.

Posted on: Wed, 04/29/2009 - 20:01 #3

Vijay doesn't care as long as he got his money upfront. I bet Vijay will still be one of the first to get paid if the company is taken down as a Ponzi and they have to pay the people they owe.

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