Mr. Ponzi, thank you! In the 1920s, Mr. Charles Ponzi created a “financial company”, stating: “Lend me your money, and you will receive 50% in interest.” Thousands and thousands of unwitting people gave him their money amounting to a total of $65 billion. Nobody suspected that he would use newly invested funds to cover previous earlier depositors. This continued until there were no longer enough new depositors to cover the old ones. In the end, this “fairy universe” exploded, leaving many people broke and up against a wall. 100 years later, Karatbars founders have repeated the same story, but in
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