- Ponzi scam
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A fraudulent scheme where earlier investors are paid with the money taken from new investors, giving the impression that the scheme is a viable investment.
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Ponzi scam
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Ponzi scheme — A Ponzi scheme is a fraudulent investment operation that involves promising or paying abnormally high returns ( profits ) to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business … Wikipedia
Ponzi Scheme — 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 investors. This scam actually yields the promised returns to earlier investors, as… … Investment dictionary
Ponzi scheme — noun A Ponzi scam. <!Any pyramid scheme, or a particular kind? They are virtually synonymous it seems <!Is Ponzi capitalised? 98/ first 100 raw b.g.c. hits are for capitalized Ponzi … Wiktionary
Ponzi scheme — investment scam by which early investors are paid off from the contributions of later ones, 1957, in reference to Charles Ponzi, who perpetrated such a scam in U.S., 1919 20 … Etymology dictionary
White van speaker scam — Not to be confused with White van man. A fraudulent MSRP and product tag on an Image Reference Model IA 1901 speaker system … Wikipedia
Black money scam — The black money scam, sometimes also known as the wash wash scam , is a scam where con artists attempt to fraudulently obtain money from a victim by persuading him or her that piles of banknote sized paper in a trunk or a safe is really money… … Wikipedia
Miracle cars scam — The miracle cars scam was an advance fee fraud that ran from 1997 to 2002. It was one of the largest advance fee frauds in world history, as well as the largest automobile fraud in American history. In its run of just over four years, over 4,000… … Wikipedia
Strip search prank call scam — The McDonald s strip search scam was a series of incidents occurring for roughly a decade before an arrest was made in 2004. These incidents involved a man calling a restaurant or grocery store, claiming to be a police detective, and convincing… … Wikipedia
Charles Ponzi — This article is about the businessman. For the fraudulent business scheme named after him, see Ponzi scheme. Charles Ponzi Ponzi in 1920 Born March 3, 1882(1882 03 03) Lugo, Italy … Wikipedia
Welsh Thrasher faith scam — The Welsh Thrasher faith scam was a scam that appears to have targeted people of faith.It offered the marks or targets a combination of a tax avoidance entity (a corporate sole) and a high return investment program or deposit in a fictitious bank … Wikipedia
