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Ponzi Schemes... Did you get GOT????

  • Broadcast in Finance
PEP Talk Radio

PEP Talk Radio


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A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors rather than from any actual profit earned. The Ponzi scheme usually offers returns that other investments cannot guarantee in order to entice new investors, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors in order to keep the scheme going. Did you or do you know someone that might have been affected by a SCAM? If so let's talk about it! Don't be left in the dark!