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Mad Money with Jim Cramer

Cramer: These Two "Ponzi Scares" Are Outrageous

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Published: Monday, 27 Jun 2011 | 7:00 PM ET
Michelle Fox By:

Web Producer

No Huddle Offense: Nat Gas
"I love to call out a Ponzi scheme when I think I see one, but Nordic American and the nat gas industry? Give me a break. Totally untrue and absolutely outrageous," says Mad Money host Jim Cramer.

While its important to flag Ponzi schemes wherever we find them, Cramer said Monday, he believes two recent Ponzi scheme "scares" were totally untrue and completely outrageous.

Find out why the "Mad Money" host takes issue with allegations against Nordic American Tanker and the natural gas business — watch the video!




















Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

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The "Mad Money" host explains why he thinks two recent Ponzi scheme allegations are untrue.

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