Explore the World's Best Ideas
Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.
PONZI SCHEMES; SCHEME WHICH CAN BE A NIGHTMARE!!!!!!!
- A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors.
- It is a fraudulant scam which generates returns for earlier investors with money taken from later investors.
- when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel.
12
298 reads
HOW IT ACTUALLY WORKS!š¤š¤
- Similar to a pyramid scheme, the Ponzi scheme generates returns for older investors by acquiring new investors, who are promised a large profit at little to no risk.
- Both fraudulent arrangements are premised on using new investors' funds to pay the earlier backers.
- Companies that engage in a Ponzi scheme focus all of their energy into attracting new clients to make investments.
10
67 reads
HOW TO IDENTIFY A FAKE ONE!!!
- A guaranteed promise of high returns with little risk
- A consistent flow of returns regardless of market conditions.
- Investments that have not been registered with the Securities and Exchange Commission (SEC)
- Investment strategies that are secret or described as too complex to explain
- Clients not allowed to view official paperwork for their investment
- Clients facing difficulties removing their money.
9
36 reads
DO THIS IF YOU ARE STRUCK IN ONE!!
- the first step would be trying to get your money back.
- Do not invest any more money unless your doubts have been resolved.
- Keep a Check on your greed and take all the due diligence steps before you go any further with the scheme.
- report the business to the authorities.
8
36 reads
IDEAS CURATED BY
Shafin Hakim's ideas are part of this journey:
Learn more about moneyandinvestments with this collection
How to use storytelling to influence and persuade
How to create a compelling narrative
How to structure your story for maximum impact
Related collections
Similar ideas
4 ideas
How to Invest in Uncertain Times
investopedia.com
2 ideas
Investment Tips for Beginners
google.co.in
8 ideas
5 Differences between Investing and Trading
motilaloswalmf.com
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
ā
100+ Learning Journeys
ā
Access to 200,000+ ideas
ā
Access to the mobile app
ā
Unlimited idea saving
ā
ā
Unlimited history
ā
ā
Unlimited listening to ideas
ā
ā
Downloading & offline access
ā
ā
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates