![](https://investorshub.advfn.com/uicon/394734.png?cb=1621376897)
Tuesday, December 29, 2015 6:53:09 PM
That is why the prosecutors can't call it a real Ponzi scheme, because it isn't a Ponzi scheme as that term has been used in other cases.
What Shkreli did may be 'like' a Ponzi scheme, butt it can also be 'like' a lot of corporate actions that 'prestige name' corporations and even guys like Boone Pickens and other raiders and greenmailers (and the companies that paid them to go away) have done.
There's a ton of shades of grey between a straight-up pump&dump and a straight-up cash-based Ponzi scheme.
Shkreli falls somewhere in those shades of grey. Even the US Attorney admits that by his weasel wording.
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM