Skip to definition.
Get the FREE one-click dictionary software for Windows or the iPhone/iPad and Android apps


Noun: Ponzi scheme
  1. A fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors, rather than from any actual profit earned

Derived forms: Ponzi schemes

Type of: cozenage [archaic], rort [Austral, informal], scam [informal]

Encyclopedia: Ponzi scheme