Fast Money Schemes

Fast Money Schemes

In the late 1990s and early 2000s a wave of Ponzi schemes swept through Papua New Guinea, Australia, and the Solomon Islands. The most notorious scheme, U-Vistract, attracted many thousands of investors, enticing them with promises of 100 percent interest to be paid monthly. Its founder, Noah Musingku, was a charismatic leader who promoted the scheme as a form of Christian mission and as the basis for establishing an independent kingdom.

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Book Details  


Publisher: Indiana University Press (October 02, 2018)

Collection: Framing the Global

Page count: 336 pages

Language: English


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