For those not in the know - The Central Bank of Lebanon, led by a Merrill Lynch banker have been running a literal ponzi. Offering up to 15% interest on their citizen dollars. (Lebanon has a large diaspora earning in dollars) - and paying old money with the new money.

The world bank put out a 134 pages report, detailing the ponzi in details. None went to jail - a few connected elite got to be millionaires.