How to Spot a Ponzi Scheme Before It's Too Late
What is a Ponzi? A Ponzi scheme is an old, infamous type of fraud that is still surprisingly used successfully daily to entice unsuspecting people. It works by defrauding new investors of their contribution to pay old ones while investing very little to no money. What Is a Ponzi Scheme? To recognize a Ponzi scheme, you need to understand what it means and how it operates. Ponzi got its name from an infamous scammer, Charles Ponzi, who defrauded investors in England in the 192