Synonyms for

Ponzi

Verb / ˈpɑ:nzi: / Another word for ponzi — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Ponzi is a term used to describe a fraudulent investment scheme where investors are promised high returns but the money from new investors is used to pay off earlier investors.

Synonyms & similar words

scam swindle con rip-off cheat deception hoax trickery fraud deceit sham trick ruse fake hoodwink dupe gyp double-cross

Example sentences

  1. The man was arrested for running a Ponzi scheme.
  2. Investors should be careful to avoid Ponzi schemes.
  3. She fell victim to a Ponzi scheme and lost all her money.
  4. The government cracked down on Ponzi schemes to protect investors.
  5. He was convicted for his involvement in a Ponzi scheme.

Quotes

  • "A Ponzi scheme is a zero-sum game." - Bernard Madoff
  • "A Ponzi scheme is a fraud, plain and simple." - Preet Bharara
  • "Ponzi schemes are built on a foundation of lies." - Harry Markopolos

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