ponzi
庞氏骗局,庞氏,庞氏集团,庞氏兄弟
Definitions
- 1
- : a swindle in which a quick return, made up of money from new investors, on an initial investment lures the victim into much bigger risks.
Synonyms & Antonyms
Examples
Now he helps bust up Ponzi schemes and other scams targeting newly rich pro athletes.
Butner Federal Correctional Institution in North Carolina, where Ponzi scheme mastermind Bernie Madoff is housed.
Ponzi told investors that he was able to take advantage of fluctuating currency values to purchase international postal reply coupons.
Many Ponzi schemers also appear to be terribly selective in who is allowed to invest with them.
Ponzi was brought down due to a series of investigative reports in the Boston Post newspaper, which ultimately led to a federal criminal investigation resulting in mail fraud charges.
Hardly a reassuring forecast coming from a former casino croupier and Ponzi scheme salesman.
Squaring perfectly with the defense, Madoff insisted that he alone knew he was running a Ponzi scheme.
Had he any remorse, he would have implicated those who conspired with him to commit the greatest Ponzi scheme in history.
The Ponzi king is now saying J.P. Morgan executives suspected he was up to no good before his massive fraud was exposed.
When Suzanne Somers called Obamacare a socialized ponzi scheme, critics swiftly ripped apart her argument.
This Sowles is the worst mountebank since Charlie Ponzi, and you know it.