PONZI SCHEME

Ponzi Scheme

Ponzi Scheme

A Ponzi scheme is an buying into deception that engages the fee of purported comes back to living investors from capital assisted by new investors. Ponzi scheme organizers often solicit new investors by undertaking to invest capital in possibilities asserted to develop high comes back with little or no risk. In numerous Ponzi schemes, the fraudsters aim on appealing new cash to make pledged payments to earlier-stage investors and to use for individual costs, rather than of engaging in any legitimate buying into activity.

With little or no legitimate profits, the schemes need a reliable ...