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nonsequetor

01/14/18 4:54 PM

#49010 RE: Johnny_C #49009

"Ponzi scheme" ???

Not even close...

A Ponzi scheme (/'p?n.zi/; also a Ponzi game)[1] is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading. Operators of Ponzi schemes can be either individuals or corporations, and grab the attention of new investors by offering short-term returns that are either abnormally high or unusually consistent.