HOW IT ACTUALLY WORKS!πŸ€”πŸ€” - Deepstash
HOW IT ACTUALLY WORKS!πŸ€”πŸ€”

HOW IT ACTUALLY WORKS!πŸ€”πŸ€”

  • 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

CURATED FROM

Ponzi Scheme

Ponzi Scheme

investopedia.com

4 ideas

Β·

437 reads

IDEAS CURATED BY

hakimshafin

Curious Human. Life long learner

The idea is part of this collection:

Persuasive storytelling

Learn more about moneyandinvestments with this collection

How to use storytelling to influence and persuade

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