Mark Cuban set up a ‘chain letter’ to pay college fees; he admits it was Ponzi scheme

Mark Cuban’s inventive approach to funding his college education in the 1980s involved a unique dorm room chain letter that mimicked a Ponzi scheme. He sought financial support from other students, redistributing a portion of the money to prior contributors. Cuban’s entrepreneurial journey began…

Khabar Adda curates headlines like this across Top Stories, Entertainment, Bollywood, Hollywood, Crime and Politics from public RSS feeds. This page links out to Times of India's own reporting rather than reproducing it — the excerpt above comes from Times of India's own feed.