[Editor Charlie sez: here’s the ponzi scheme evidence, if true]
6. A&R and Campaign Managers were only told to “launch launch launch” new campaigns so that payments could be distributed to other projects. They very well knew that they were unable to pay artists, but needed to launch new campaigns in order to gain more revenue. Employees knew that this was not ethical, but at the end of the day had no choice.
Artist Rights Watch--News for the Artist Rights Advocacy Community 