New ponzi scheme revealed - Action News 5 - Memphis, Tennessee

New ponzi scheme revealed

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MEMPHIS, TN -

(WMC-TV) – When it comes to "ponzi schemes" the scammer isn't always the Bernie Madoff type.

And you do not have to run in high society or have big investments to become a victim.

Tonight, Andy Wise investigates a new scam. He'll tell you who is doing the scamming, and what you can do to make sure your money is protected.

Andy Wise has got your back on Action News 5 at 5 p.m.

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