Meaning Of The Word Ponzi scheme

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Ponzi scheme Meaning

Ponzi scheme Definition
Ponzi scheme Definition

What's The Definition Of Ponzi scheme?

Ponzi scheme in American English
a fraudulent investment scheme in which funds paid in by later investors are used to pay artificially high returns to the original investors, thus attracting more funds

Ponzi scheme in British English
noun: a fraudulent investment operation that pays quick returns to initial contributors using money from subsequent contributors rather than profit

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