New Ideas Often a Hard Sell

Brandon Sun, The (July 24, 2008)

Author: Rance, Laura
Permanent Link: http://ca.vlex.com/vid/new-ideas-often-hard-sell-65222312
Id. vLex: VLEX-65222312

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Summary:

[...] late last year, the Iowa Attorney General's office began investigating Galbraith, warning the business concept smacked of a "Ponzi" scheme, in which returns to investors are paid out of funds raised from new investors, rather than from the business's net revenues.

Headnotes:

Extract:

New Ideas Often a Hard Sell

It's hard to recall all the details from the brightly coloured mail advertising the profits to be made raising pigeons - except that there seemed to be a lot of zeros involved.

It was a journalistic dilemma each time one arrived in rural post b...



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