Martin A. Armstrong

Uncommon card · No. 147532

Martin Arthur Armstrong (born November 1, 1949) is an American economic forecaster who was convicted of a felony for investment fraud. He served 11 years in jail for a Ponzi scheme that cheated investors out of $700 million and hiding $15 million in assets from regulators. Also known for developing the Economic Confidence Model, many of his predictions did not materialize or were criticized.