Conning is a cheap way of earning money, therefore conning schemes have always been very popular. In 1950, a very popular conning scheme came into being and it was known as Pronzy Scheme. The name comes from its developer. Pronzy scheme is an investment operation carried out by a fraudulent organization or individual in order to trick investors and pay them profits from private/personal funds of the company or from the profits earned by getting new investors, rather than any actual profit made by the organization/individual. New investors are attracted by this deal as they are offered higher profits than what they invest, in the form of unusually consistent or abnormally high returns. In order to keep the scheme running, more and more people have to be brought in and conned, thus this policy is advertised to the masses. This kind of system is bound to collapse as one day or the other, the earnings will be less than the payments made to the investors. Schneider Laurie Laurie scheme refers to the involvement of Schneider Laurie in the Pronzy Scheme. She was also known as the Pronzy Princess once because of her role in the propagation of this scheme. Laurie Schneider has specialized in fine arts, weddings, portraiture and animals for more than 20 years. She has been passionate about the beauty of the natural world and promotes environmental awareness. In spite of considering all that she has said and done for the environment, it is yet undeniable that she had a role in the Pronzy Scheme. It is an undoubtedly true fact that she is one of the best photographers of her time and one of the most reputed too. Schneider Laurie scheme refers to fraudulent investment in real estates that do not even exist. Laurie Schneider refers to all those fake investments and flipping of real estates that do not even exist. 50 victims lost their money due to Schneider Laurie scheme and the total damage recorded according to the US Court of Bankruptcy Trustee is 30 million dollars.