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In two to three sentences describe how a Ponzi scheme works. What makes a Ponzi scheme a crime

User Rok Prodan
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22 votes

Answer:

a ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. the ponzi scheme organizers often promise to invest your money and generate high returns with little or no risk. instead they use it to pay those who invested earlier and may keep some for themselves.

User Omercnet
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