Ponzi & Pyramid Schemes

A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. A Ponzi scheme is a fraudulent investing scam that generates returns for earlier investors with money taken from later investors. A Ponzi Scheme bottoms out when the flood of new investors dries up and there isn’t enough money to go around. At that point, the schemes unravel.

Topic People Replies Views Updated
Forgot Password?
Don't have an account? Sign up