{"id":4204,"date":"2011-09-29T06:13:59","date_gmt":"2011-09-29T12:13:59","guid":{"rendered":"http:\/\/www.zmetro.com\/?p=4204"},"modified":"2011-09-29T06:14:00","modified_gmt":"2011-09-29T12:14:00","slug":"patenting-the-ponzi-the-extraordinary-growth-of-ponzi-schemes","status":"publish","type":"post","link":"http:\/\/www.zmetro.com\/?p=4204","title":{"rendered":"Patenting the Ponzi: the extraordinary growth of Ponzi schemes"},"content":{"rendered":"<p><a href=\"http:\/\/timharford.com\/2011\/09\/patenting-the-ponzi-the-extraordinary-growth-of-ponzi-schemes\/\">Tim Harford:<\/a><\/p>\n<blockquote><p><i>\u201cTwo world poker champions and other leaders of one of the largest internet card gaming sites turned the company into a massive Ponzi scheme, wrongly taking out more than $440m from player accounts, US officials alleged on Tuesday.\u201d<br \/><Br><\/p>\n<p>Office of Charles Ponzi &#038; Sons:<br \/>\n<br \/><Br><br \/>\n\u201cMr Ponzi, have you seen what the US Justice Department is saying about this poker website?\u201d<br \/>\n<br \/><Br><br \/>\n(Sighs) \u201cDon\u2019t tell me, Massimo: they say it\u2019s a Ponzi scheme?\u201d<br \/>\n<br \/><Br><br \/>\n\u201cYou\u2019ve got it in one, Mr Ponzi.\u201d<\/p>\n<p><\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Tim Harford: \u201cTwo world poker champions and other leaders of one of the largest internet card gaming sites turned the company into a massive Ponzi scheme, wrongly taking out more than $440m from player accounts, US officials alleged on Tuesday.\u201d Office of Charles Ponzi &#038; Sons: \u201cMr Ponzi, have you seen what the US Justice [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,33,35,9],"tags":[],"_links":{"self":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4204"}],"collection":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4204"}],"version-history":[{"count":1,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4204\/revisions"}],"predecessor-version":[{"id":4205,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/4204\/revisions\/4205"}],"wp:attachment":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4204"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}