WHAT IS A PONZI SCHEME?

Silver & Market Report Week of September 6 | Jack Mullen What is a Ponzi Scheme? According to Wikipedia: A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.[1] Named after Italian businessman Charles Ponzi, the scheme leads victims…