Originally posted by DimPrawn
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Reply to: How Ponzi schemes collapse
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Previously on "How Ponzi schemes collapse"
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Originally posted by Support Monkey View Postwhy not just write the short version of that " A fool and his money are easilly parted"
Government version: A person and his money are soon parted
Banker's version: That's my money
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Originally posted by DimPrawn View PostPonzi scheme - Wikipedia, the free encyclopedia
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.
Number of first-time buyers falls to three-year low - Telegraph
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Originally posted by DimPrawn View PostPonzi scheme - Wikipedia, the free encyclopedia
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.
Number of first-time buyers falls to three-year low - Telegraph
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How Ponzi schemes collapse
Ponzi scheme - Wikipedia, the free encyclopedia
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.
Number of first-time buyers falls to three-year low - TelegraphTags: None
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