This is also how ponzis work generally... I was just watching a rerun of a 1988 "Unsolved Mysteries" broadcast and this dude, Stephen Cox, was able to swindle old grandmas in the mid 80's for hundreds of thousands of dollars just by telling them they could be earning 20% if they just had "staked" their money with him and let him do investments on their behalf....

Yeah....sounds eerily familiar......