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Which kind of con involves the payoff of early investors with money obtained from later investors, in a doomed enterprise?

Which kind of con involves the payoff of early investors with money obtained from later investors, in a doomed enterprise?
asked 76.3k views
2 votes
Which kind of con involves the payoff of early investors with money obtained from later investors, in a doomed enterprise?

asked
User MuhammadNe
by
7.7k points

1 Answer

5 votes

Ponzi Scheme would be the right answer.

answered
User Volkan
by
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