Tag Archives: over/under billings

April 19, 2009

The Remodeler’s Ponzi scheme!

You might not think the phrase “Ponzi Scheme” applies to your remodeling company – think again! The March 23rd issue of the New Yorker magazine has an interesting article about Ponzi schemes entitled “Madoff and his Models” in which the author discusses 2 historic schemers who turned up client’s up-front money into personal cash.  Towards […]

Job cost accounting
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