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This model is named for the person shown in the first visual. The person shown in the second visual perpetrated the largest instance of this model in history. The person in the third visual fell victim to it and in fact, killed himself last month. Identify all people. Note: The word
model might not describe the answer best but is used here for reasonable obfuscation.
Answer: The people are Charles Ponzi, an Italian swindler at the turn of the 20th century, Bernard Madoff, former chairman of NASDAQ who was arrested last December for investor fraud and the French billionaire Rene-Thierry Magon de Villehuchet who committed suicide after he lost all his money to Madoff. The connect ofcourse is the Ponzi scheme, a form of pyramid scheme first successfully pulled off by Ponzi himself. Vijay, Sinndhuja, Arvind, Hirak, Raghu, Manix, Anshul, Iam (who also laments my unfortunate choice of words), Divya, Swapnaa, Rajesh and Adi (barely in time :)) got it. Well done.