Ponzi Scheme
This is a deceitful operation where a company entices investors to provide money with the promise of expected returns. The company repays the profits of initial investors using funds from new investors. If the company fails to draw in more investors, payments to clients stop, leading to the collapse of the company and loss of money for the investors.
This is a deceitful operation where a company entices investors to provide money with the promise of expected returns. The company repays the profits of initial investors using funds from new investors. If the company fails to draw in more investors, payments to clients stop, leading to the collapse of the company and loss of money for the investors.
