Ponzi scheme

English Etymology en Charles Ponzi = 1882 1949 con artist, who famously conducted such form of fraud in North America in the 1920s. Noun A fraudulent scheme where earlier investors are paid with the money taken from new investors, giving the impression that the scheme is a viable investment. en Ponzi scam en pyramid scheme en 2016 Ryan Holiday Ego is the Enemy 115 After the presidency, Grant invested almost every penny he had to create a financial brokerage house with a controversial investor named Ferdinand Ward. Ward, a Bernie Madoff of his day, turned it into a Ponzi scheme, and publicly bankrupted Grant. en Diana B. Henriques Bernard Madoff, Architect of Largest Ponzi Scheme in History, Is Dead at 82 The New York Times 2021-04-14 https://www.nytimes.com/2021/04/14/business/bernie-madoff-dead.html 0362-4331 Bernard L. Madoff, the one-time senior statesman of Wall Street who in 2008 became the human face of an era of financial misdeeds and missteps for running the largest and possibly most devastating Ponzi scheme in financial history, died on Wednesday at the Federal Medical Center in Butner, N.C. He was 82. https://web.archive.org/web/20251225182457/https://www.nytimes.com/2021/04/14/business/bernie-madoff-dead.html 25 December 2025 en Paul Krugman Technobabble, Libertarian Derp and Bitcoin The New York Times 2021-05-20 https://www.nytimes.com/2021/05/20/opinion/cryptocurrency-bitcoin.html 0362-4331 Now, a long-running Ponzi scheme requires a narrative — and the narrative is where crypto really excels. https://web.archive.org/web/20251117060843/https://www.nytimes.com/2021/05/20/opinion/cryptocurrency-bitcoin.html 17 November 2025 Translations illicit money-making scheme Chinese: Mandarin: cmn 龐氏騙局 Páng-shì piànjú Finnish: fi Ponzi-huijaus French: fr système de Ponzi m, fr pyramide de Ponzi f Georgian: ka პონცის სქემა German: de de Schneeballsystem n, de Ponzi-System n rare Hindi: hi धोखाधड़ी dhokhādhaṛī Italian: it schema Ponzi m Japanese: ja 投資詐欺 toushisagi Polish: pl schemat Ponziego m Portuguese: pt esquema Ponzi m Spanish: es esquema Ponzi m, es estafa Ponzi f Swedish: sv Ponzibedrägeri n Urdu: ur ڈَبَل شاہ ḍabal śāh