Archives Tag: Charles Ponzi

BUSINESS

How Much Do You Know About Charles Ponzi and His Scheme?

April 19, 2022

Charles Ponzi was a criminal whose name lives on in the term โ€œPonzi schemeโ€ which refers to a fraudulent investment operation where the operator pays returns to investors from new capital received from new investors, as opposed to paying returns from profit earned through legitimate sources – all the while lining his own pockets. In … Continue reading How Much Do You Know About Charles Ponzi and His Scheme?

By jehonwa

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