A Ponzi scheme is one which pays ‘high’ interest to its members. Not all money making schemes on the Internet are Ponzi, that is where some people get it wrong.
But for a real ponzi scheme, Usually the word ‘members’ is not used; they use the word ‘Investors’. It highly reported that all Ponzi schemes reach time and fail/die out. The later investors are always the losers, because everything when the scheme folds, it leaves with their monies.
May someone help us highlight the best known Ponzi schemes of all time? Your contributions and comments will be highly regarded.
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