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Definition of Ponzi
1. Adjective. Whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the investment is viable. ¹
¹ Source: wiktionary.com
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1. Adjective. Whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the investment is viable. ¹
¹ Source: wiktionary.com