Ponzi Scheme

Additional Info

via Wikipedia
A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The Ponzi scheme usually entices new investors by offering return other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going.

On the Blogs

In the News

  • TD, Lawyer Sued in Ponzi Case

    Wall Street Journal 1 hour, 11 minutes ago

    By NATHAN KOPPEL TD Bank, a unit of Canadian banking giant TD Bank Financial Group, has been hit with a lawsuit arising out of an alleged Ponzi scheme by ...

  • Petters case: Lawyers get last words Monday

    Minneapolis Star Tribune 13 minutes ago

    Petters is charged with running a fraud scheme that bilked $3.65 billion over more than a decade, making it one of the largest Ponzi schemes in history, ...

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How Does a Ponzi Scheme Work?

Web Search Results

  • Ponzi scheme - Wikipedia, the free encyclopedia

    A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, ... en.wikipedia.org

  • Charles Ponzi - Wikipedia, the free encyclopedia

    By this time, Ponzi was seeking another deal to get him ... the Barron's financial paper, to examine Ponzi's scheme. ... en.wikipedia.org

  • "Ponzi" Schemes

    Apr 19, 2001 ... Ponzi schemes are a type of illegal pyramid scheme named for Charles Ponzi, who duped thousands of New England residents into investing in a ... www.sec.gov

  • Ponzi Schemes - News - The New York Times

    Aug 14, 2009 ... News about Ponzi schemes. Commentary and archival information about Ponzi schemes from The New York Times. topics.nytimes.com