The Low Down on Ponzi Schemes

Ponzi-SchemesYou’ve heard about them in the news. Charismatic Ponzi schemers target thousands of gullible or inexperienced investors, then rob them of millions. Despite warnings, many people continue to fall for Ponzi schemes.   

Ponzi Schemes
Source: BestAccountingDegrees.net

One thought on “The Low Down on Ponzi Schemes

  1. I think the original Ponzi used foreign postage stamps as his investment tool.

    It’s easy to avoid scams by remembering that no one is giving away money.

    If anything is a great deal, why would they be sharing it with you instead of reaping all the profits for themselves?

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