Topic: Pyramid Scheme

An investigation into the "Freedom Club of the United States" reveals what appears to be a pyramid scheme. The organization lures individuals with claims that credit card debts and mortgages are worth hundreds of thousands of dollars in cash that never needs to be repaid. The hosts examine the "ambassador" model used to spread these financial offers.

The history of the Ponzi scheme is traced back to Charles Ponzi in 1920. The hosts distinguish between legitimate multi-level marketing and illegal pyramid schemes, noting that Bernard Madoff's ability to sustain a $50 billion fraud for 40 years was built entirely on a false reputation of being a "great trader."