Michigan ponzi fraudster sentenced to 30 years jail

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FBI Detroit press release

If you've ever wondered why it is that so many small HYIP ponzis disappear in the aftermath of one of the "next-big-things" collapsing, now you know.

Many ponzi operators do as David McQueen did and attempt to "piggyback" on other HYIPs, hoping to stretch out the life of their fraud

It never works, of course.

In fact, it makes things worse for the original fraudster, as it did for McQueen.