A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...
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What Is a Ponzi Scheme?
What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...
Financial advisor Todd Burkhalter pleaded guilty to running Georgia’s largest Ponzi scheme, defrauding 2,000 investors of $380M. Learn the red flags and how to protect yourself.
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