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Ponzi Scheme Definition - investopedia ~ A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors.
What Is a Pyramid Scheme? - Investopedia ~ Ponzi Schemes . Ponzi schemes are investment cons which work on the premise of "Robbing Peter to pay Paul." They may not necessarily adopt a pyramid scheme's hierarchical structure, but they do .
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How Bernie Madoff's Ponzi Scheme Worked - Business Insider ~ In March this year, five of Madoff's employees were found guilty for their part in the Ponzi scheme. Most recently, Madoff's accountant and lawyer is also facing up to 30 years in prison for his role.
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