Ponzi scheme

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Revision as of 01:18, 29 December 2020 by imported>Doug Williamson (Mend link.)
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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