Shapiro solicited investments for Capitol primarily during personal discussions, where he promised to refund prospective investorsâ principal within thirty days and pay 10% to 26% annual returns on their investment. Shapiro told prospective investors this was a risk-free investment in Capitolâs grocery business and touted Capitolâs financial success as well as his own. Shapiro assured prospective investors Capitolâs purchase contracts and accounts receivable secured their investments. All told, Shapiro raised approximately $900 million from investors through these fraudulent schemes. People here talk about how difficult it is to raise capital for their own accounts on this board: theses Poniz guys seems to have no problem. Almost $1billion dollars thatâs a lot.
Dyslexia can be cured... I think a lot of these ponzi scheme creators have a form of disassociation with their brain to realty transfer... ES