
"Ponzi schemes have been under attack lately because of negative news articles about Bernie Madoff and other crooks," state Churnley. "But my ponzi scheme is purely above board and openly illegal."
Churnley based his operation loosely on the Amway business model, where people can make more money by integrating friends and relatives into the scam than by selling real estate. "I've got over 300 people in the organization, each investing $5,000 to get in on the action, and I haven't sold a doghouse!" Churnley encourages his "associates" to recruit new investors -- each new investor results in a $500 commission for the associate. The rest of the dough is rolled up to Churnley. "I've made a ton of easy money, and you can too!" he brags.
"This is real gravy compared to the sh*tty old fashioned way of making money -- by working for it," Churnley chuckles. "Just keep your g*ddam traps shut before somebody rats on us!"