Ponzi
a swindle in which a quick return, made up of money from new investors, on an initial investment lures the victim into much bigger risks.
Origin of Ponzi
1- Also called Ponzi game, Ponzi scheme .
Words Nearby Ponzi
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use Ponzi in a sentence
Hardly a reassuring forecast coming from a former casino croupier and Ponzi scheme salesman.
Squaring perfectly with the defense, Madoff insisted that he alone knew he was running a Ponzi scheme.
Bernie Madoff’s Five Little Helpers Are Going To Prison. | Allan Dodds Frank | March 25, 2014 | THE DAILY BEASTHad he any remorse, he would have implicated those who conspired with him to commit the greatest Ponzi scheme in history.
Why Trust What Bernie Madoff Says About JP Morgan Now? | Burt Ross | February 21, 2014 | THE DAILY BEASTThe Ponzi king is now saying J.P. Morgan executives suspected he was up to no good before his massive fraud was exposed.
Why Trust What Bernie Madoff Says About JP Morgan Now? | Burt Ross | February 21, 2014 | THE DAILY BEASTWhen Suzanne Somers called Obamacare a socialized Ponzi scheme, critics swiftly ripped apart her argument.
Suzanne Somers Responds To Critics, Says She Has A Thick Skin | Brandy Zadrozny | October 30, 2013 | THE DAILY BEAST
This Sowles is the worst mountebank since Charlie Ponzi, and you know it.
Telempathy | Vance Simonds
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