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Elon Musk Calls Social Security a Ponzi Scheme

Hosted on MSN · 1d

Elon Musk calls Social Security ‘the biggest Ponzi scheme of all time’ as calls mount to remove contribution caps for billionaires

DOGE cost-cutter-in-chief Elon Musk likened the U.S. retirement system to a pyramid scheme during a podcast with Joe Rogan.

ABC News on MSN · 20h

Senate Democrats slam Social Security job cuts, attack Musk calling it 'Ponzi scheme'

Senate Democratic leaders stood in support of Social Security benefits on Monday in the wake of the Social Security Administration's announcement it's planning to cut 7,000 jobs as part of "significant workforce reductions.

Snopes.com · 21h

Yes, Musk called Social Security a 'Ponzi scheme'

The tech billionaire compared the federal income program to a form of investment fraud on "The Joe Rogan Experience" podcast.

1d

The IRS Theft-Loss, Ponzi-Scheme Safe Harbor—Does It Still Apply?

Post TCJA, there continues to be a lot of ambiguity regarding taxpayers and their ability to claim theft losses, particularly ...

Ponzi Perspectives: 2024 Year-End Roundup

McGuireWoods’ Ponzi Litigation team launched its Ponzi Perspectives blog in early 2021. Throughout the past four years, we’ve tracked and posted ...

16hon MSN

Jury deadlocks in class action lawsuit against Umpqua Bank over customer’s Ponzi scheme

A San Jose federal jury couldn’t reach a verdict in a lawsuit that alleged Umpqua Bank knowingly backed a $450 million Ponzi ...

4d

Convicted Ponzi Schemer Now Convicted Of Murder

Natalie Cochran was recently convicted of first-degree murder for killing her husband in 2019 and sentenced to life in prison ...

What’s a Ponzi Scheme?

One question I get asked frequently by potential clients who come in suspecting that they have been scammed is whether they ...

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