WordNet-Online
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Definitions from the WebPonziNoun: 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." Related products on Amazon: Investment FraudsMoney Management Books | ||||
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