Monday, January 30, 2017

Scamilton- Evan Daane

Recently a scheme to steal money from investors in hamilton tickets. A group of conspirators began luring in investors to purchase 35000 tickets to the hit musical hamilton, so they could resell each ticket for more than they bought it. The schemers told potential money lenders that they had a deal with the producer that enabled them to purchase the tickets in bulk. In the end Joseph Meli and Mathew Harriton were accused of a Ponzi scheme using a hedge fund.

I personally find this story hilarious as the fact they made off with 81 million of the investors money makes me chuckle a bit. They spent 51 million of that money on personal interests like school, jewelry and camp tuition. They actually had to be pretty smart to pull all of this together but unfortunately their lies stacked on top of each other until the pile of lies toppled down on top of them. 











http://money.cnn.com/2017/01/27/news/hamilton-ponzi-scheme/index.html?iid=ob_homepage_deskrecommended_pool

2 comments:

  1. This isn't really news, but it is hilarious

    ReplyDelete
  2. Some people never learn. The more you lie, the worse it gets. People should do the right thing to get ahead, not cheat and scheme. Hard work is the best way to achieve the American Dream. Greed leads only to destruction, as seen in this example.

    ReplyDelete