What is a Ponzi scheme?

What is a Ponzi scheme?It’s a fake scheme in which investors are given huge returns in the short run, not from actual profits but from the money of subsequent investors. The recent Madoff scam which has created losses for several investors the world over has been labelled history’s largest Ponzi scheme.

Check Also

Presidents & Prime Ministers Coloring Pages

Presidents & Prime Ministers Coloring Pages For Students And Children

Presidents & Prime Ministers Coloring Pages For Students And Children: Here in this collection – …

Leave a Reply

Your email address will not be published. Required fields are marked *