Showing results for "Ponzi's Scheme" in Con Artists, Hoaxes & Deceptions

Learn about investment traps with an insight into fraudulent Ponzi Schemes with iMinds insightful audio knowledge series. A Ponzi scheme is an illegal business practice. Investors are recruited into a Ponzi scheme and offered excellent returns over time for little or no risk. The operator of a Ponzi scheme relies on further recruitment of investors to accumulate funds. Earlier investors are repaid with later investor's money. They have also been described as Pyramid Schemes.

From snake-oil salesmen to crypto grifters, the "fascinating" (Fareed Zakaria) story of charlatans—and why we fall for them For centuries charlatans have been bamboozling victims. But today, charlatanry is more lucrative and global than ever. Using the power of digital technology, our age’s...