The Ponzi Express

Exposing the dangers of the Online Ponzi.

Saturday, January 28, 2006

What is a Ponzi?

So, what is a ponzi?

The wiki states:

A Ponzi scheme is a fraudulent investment operation that involves paying abnormally high returns ("profits") to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business.

Source:
http://en.wikipedia.org/wiki/Ponzi_scheme

0 Comments:

Post a Comment

<< Home