what is ponzi schemer?

Possible Answer:
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 profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by ... - read more

Possible Answer:
Ponzi Schemes – Frequently Asked Questions. FBI's video on Ponzi schemes What is a Ponzi scheme? Why do Ponzi schemes collapse? How did Ponzi schemes get their name? - read more

Please vote if the answer you were given helped you or not, thats the best way to improve our algorithm. You can also submit an answer or check other resources.