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.
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