A pyramid scheme.
Related information about Ponzi scheme:
- Ponzi scheme - Wikipedia, the free encyclopedia
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather ...
- Charles Ponzi - Wikipedia, the free encyclopedia
Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi, (March 3, 1882 – January 18, 1949), commonly known as Charles Ponzi, was an Italian businessman and con ...
- Ponzi Scheme Definition | Investopedia
A fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new ...
- "Ponzi" Schemes
A Ponzi scheme is an investment fraud that involves the payment of ... Ponzi scheme organizers often solicit new investors by promising to invest funds in ...
- HowStuffWorks "How Ponzi Schemes Work"
A Ponzi scheme is a carefully orchestrated financial scam that's completely illegal . Learn how Ponzi schemes begin and how scammers generate big money.
- What is a Ponzi Scheme - How Do Ponzi Schemes Work
An article aimed at beginners that answers the questions.
- A Ponzi Scheme for Flappers - NYTimes.com
9 hours ago ... In 1922, throngs of America's youth were swept up in a leaderless pyramid scheme. This is the story of the “Shifters.”
- Ponzi scheme
A typical Ponzi scheme promises investors a high rate of return in a short time. The money that is collected from investors is used to pay the return. This means ...