✓ How Ponzi Schemes Work: Case Study Of A Past Scheme In Nigeria

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Ponzi schemes are a type of investment scam that has been around for many years, named after Charles Ponzi who became notorious for running such a scheme in the early 20th century.

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Ponzi schemes promise high returns on investments, often with little to no risk, and lure in investors with the promise of easy money. However, these schemes operate on a fraudulent system that ultimately collapses, leaving investors with significant losses. Understanding the mech…

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