Ponzi Scheme Victims Beware: There Is No Such Thing As Easy Money
by Aileen 6mNovember 23rd, 2023 Too Long; Didn't Read
A Ponzi scheme is an investment fraud where a fraudster collects money from people with a promise of higher than the usual market rate returns. A Ponzi scheme involves circulation of the capital instead of the distribution of profits. Such schemes go belly up because there is no profit-making involved.