Ponzi Scheme
The pyramid scheme is a pyramid with The Schemer at the top. He managed to accumulate 8 billion over a decade from the sale of fraudulent certificates of deposit CDs in his bank in Antigua source. 5 Level Crypto Earnings Review Legit Mlm Or Ponzi Scheme Earnings Ponzi Scheme Mlm Once the new entrants invest the money is collected and used to pay the original investors as returns. Ponzi scheme . Large Ponzi schemes typically target other financial firms banks elite institutions and other wealthy investors. Its a shame that people actually do this. Wells Encyclopedia of Fraud Third Edition describes the characteristics of a Ponzi scheme. Ponzi scheme is a fraudulent investment scheme as it uses the investments of new investors to repay the profits to the earlier investors. A Ponzi scheme is a special kind of fraudIt is based on a fake investment that one schemer or group of schemers gets other people to give money to. In Ponzi schemes the schemer basically says I found a gre...