Charles Ponzi

Ponzi Scheme is designed to convince investors to place their hard earned money into a fraudulent investments scheme to get higher returns in future with little or no risk. Ponzi Scheme are generally designed in such a way that they will gather all relevant funds from the new investors and then distribute them to the old existing investors for whom payment was due. This … [Read more...] about What is Ponzi scheme and how Ponzi Scheme works