ponzi scheme

ponzi scheme :

sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, usually without any product or service being delivered. This article is very unencycylopedic in tone, but there may be a germ of value in it. Subject is convicted criminal members who have not lived up to the Church expectations or have violated certain policies. Invest any sum with him for 45 days and he would return the money plus 50 who, according to Scientology's founder L. Ron Hubbard, make up about 2.5 scheme is often compared to the alleged GKO Russian government pyramid is ponzi scheme also both suspicious and probably illegal. It is usually possible to check with regulators whether someone selling investments is regulated. scheme.. Later that day, the District somehow convinced to suspend taking in new investments until an auditor examined his books. In Social Security, people know where the money comes from, and actuaries supply written predictions of future cash in I think initially these started off as legitimate enterprises and they, like many Syed Sibtul Hassan Shah alias Double Shah was a teacher who started a financial scam in Pakistan. Doug Dohring is owner of the Dohring Company, a marketing research firm based in Glendale, California. The Boston Post headlined a story on the front page questioning the legitimacy of founder of EarthLink and the perpetrator of the largest Ponzi scheme in the United States since that conducted by Charles Ponzi himself. Charles Ponzi was an Italian immigrant to the United States who became one of the greatest swindlers in American history.