The Ponzi Year
by Rick Boxx
January 14, 2010
According to istockanalyst.com, 150 Ponzi schemes were discovered in 2009, four times more than in 2008. Investors have been defrauded of at least $16.5 billion in 2009 alone. With Bernie Madoff's 2008 Ponzi Scheme, regulators have intensified their pursuit of these sorts of con artists.
Many complain about the government's lack of adequate oversight over these schemers, but as hard as it may be to believe at times, the government regulators are God's agent for justice.
Romans 13:4 says of the governing authorities, "For he is God's servant to do you good. But if you do wrong, be afraid, for he does not bear the sword for nothing. He is God's servant, an agent of wrath to bring punishment on the wrongdoer."
Let's pray that justice prevails.
For more biblical teaching and resources from Rick Boxx and the Integrity Resource Center please visit integrityresource.org.