Idaho Falls - Ponzi Schemes?

In late December I rode the lift with a plastic surgeon from Idaho Falls who mentioned that her practice was slowing down due to the difficult economic conditions. It sounded logical, people will cut cosmetic costs as incomes and savings decrease. During the conversation she mentioned that an alleged Ponzi Scheme was being investigated in Idaho Falls and the information should hit the newspaper in the next few weeks. Well, I am sorry to say that she was right.

Man ordered to halt alleged Ponzi scheme in Idaho Falls

Idaho Falls is a small city with a blend citizens focusing on agricultural and research at the Idaho National Laboratory (nuclear engineers). It's remarkably similar to other ordinary small city's in the rural West. This would be the last place that I would identify with Ponzi schemes. If a $50 million scam grew in IF, watch out, because they must be everywhere. Apparently, the NY Times agrees with my theory.