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ponzi

 

Definitions from the Web

Ponzi

Noun: A fraudulent investment scheme in which money from new investors is used to pay returns to earlier investors.

Example sentence:

"Many unsuspecting individuals fell victim to the Ponzi scheme and lost their life savings."

Adjective: Relating to or characteristic of a Ponzi scheme.

Example sentence:

"The company's Ponzi-like investment strategy raised red flags among financial experts."

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