What Is A Ponzi Scheme? By Aron Govil
If you’ve heard of Bernie Madoff, you’ve probably heard of a Ponzi scheme. But what exactly is a Ponzi scheme? According to Aron Govil, in its simplest form, a Ponzi scheme is an investment fraud in which investors are promised high returns but instead end up losing their money. Here’s a closer look at how Ponzi schemes work and why… Read More »What Is A Ponzi Scheme? By Aron Govil