Ponzi scheme: Difference between revisions

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imported>Doug Williamson
(Create page. Source: Oxford English Dictionary.)
 
imported>Doug Williamson
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== See also ==
== See also ==
* [[Fraud]]
* [[Fraud]]
* [[Misrepresentation]]
* [[Pyramid selling]]
* [[Pyramid selling]]
* [[Misrepresentation]]


[[Category:The_business_context]]
[[Category:The_business_context]]

Revision as of 01:09, 29 December 2020

Fraud - investment.

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.


See also