Ponzi scheme and Purchasing card: Difference between pages

Revision as of 14:20, 23 October 2012

A card issued by non-bank organisations to allow the holder to pay for general procurement.

Also known as a procurement card.

@@ Line 1: / Line 1: @@
-''Fraud - investment.''
+A card issued by non-bank organisations to allow the holder to pay for general procurement.
-A Ponzi scheme is a type of investment fraud.
-An illusion of high rates of investment return is created by making payments to early investors out of the proceeds from later investments.
-This is an unsustainable structure, dependent for its continuation on attracting ever-larger numbers of investors.
+Also known as a procurement card.
 == See also ==
-* [[Fraud]]
+* [[Annuity]]
-* [[Pyramid selling]]
-* [[Misrepresentation]]
-[[Category:The_business_context]]
-[[Category:Investment]]
-[[Category:Identify_and_assess_risks]]
-[[Category:Manage_risks]]
-[[Category:Financial_products_and_markets]]