Ponzi scheme
investment scam by which early investors are paid off from the contributions of later ones, 1957, in reference to Charles Ponzi (1882-1949), who perpetrated such a scam in U.S., 1919-20.
词汇 | Ponzi scheme |
词根词缀 | Online Etymology Dictionary Ponzi scheme investment scam by which early investors are paid off from the contributions of later ones, 1957, in reference to Charles Ponzi (1882-1949), who perpetrated such a scam in U.S., 1919-20. |
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