Mark Cuban Says He Ran A 'Ponzi Scheme' In The 80s To Pay For College. 'It Was Basically A Scam'

  • Posted on November 3, 2025
  • By Yahoo News
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Mark Cuban Says He Ran A 'Ponzi Scheme' In The 80s To Pay For College. 'It Was Basically A Scam'

Before he was a billionaire, NBA team owner and TV personality, Mark Cuban was just another college student trying to figure out how to pay tuition. He opened up about a controversial money-making scheme he ran while at Indiana University on last year’s episode of the “Life in Seven Songs” podcast. Cuban Says It Helped Him Survive College “It was basically a scam,” Cuban said, describing the chain letter setup he used to fund his junior year. “You can give me 100 bucks and I’m going to take 50 o
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