A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...

A fraudulent investment scheme. Investors are promised very high returns by the promoter. The original investors often realize these high returns because their payouts are funded by cash from new ...

Stormont has been challenged to devise a “more rounded” compensation scheme for those impacted by the Troubles. Mr Justice McAlinden, president of the Victims’ Payment Board, described the definition ...

So according to a recent letter writer (Feb. 6), Social Security is not a Ponzi scheme. By definition, a Ponzi scheme has no investment backing it; it pays its investors [read: taxpayers] using their ...

Stormont has been challenged to devise a “more rounded” compensation scheme for those impacted by the Troubles. Mr Justice McAlinden, president of the Victims’ Payment Board, described the definition ...