What is Ponzi? and Who is

According to OSC‘s definition: Use New investors` money to pay old investors Who didn`t, who doesn`t in the financial system? Is anybody use old investors` money to pay new investors? No! so everybody is Ponzi OSC`s second Ponzi definition: Anybody who Registered with OSC is not Ponzi even if it is a true Ponzi or crime, non-registered is a Ponzi even if you are not. OSC say that I am not, you are. But in reality, Bernard Madoff was the former Chairman of Nasdaq and dear friend of SEC chairwoman and all financial frauds are associated almost always with those registered. They are protected and exempt from investigated and charges by OSC. Real Ponzi is a crime and defraud investors for their own gain. Loss is common and everybody lose money except OSC and listed companies and their managers, who take money from investors all the time, Ponzi and fraud is everywhere and all the times with those who registered with OSC and SEC. The real Ponzi will not and never charged, but the scapegoot will be. Weizhen Tang gave all his personal money to his investors Who is Ponzi ? Who is committing the crime? Current financial system， OSC? Or Weizhen Tang? Whoever make investors to lose and have their own gain and steal money from investors, or defraud investors is Ponzi. There is no motivation and evidences of fraud for Weizhen Tang, nothing criminal, but there are huge motivation and evidences for fraud in the regulated environment. OSC is a real Ponzi who protect criminal or provide a place for criminal, but hurt investors and public, the country according to criminal code and facts.