Monthly Archives: December 2015

19

What Is a Ponzi Scheme?

by Mitch Feierstein about 1 year 2 months ago

Anatomy of a Ponzi Scheme

A Ponzi Scheme applies to any investment scheme where the promoter offers crazy returns to attract investors. If you invest your money in such a scheme, you might even get it back – plus some crazy rate of interest – as long as there’s still a flood of money from new investors. But the scheme [...]

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