see social security.
A scam involving paying off money to old investors with new investors' money. Eventally the last group of people paying into the scam never get their money back.
A scam involving paying off money to old investors with new investors' money. Eventally the last group of people paying into the scam never get their money back.
Bill: Hey Will, what's this line on my paycheck that says "Social security"?
Will: It's the government's ponzi scheme. You'll never see that money again.
Will: It's the government's ponzi scheme. You'll never see that money again.
by Pseu D. Onym October 9, 2010
An orgy hosted by a couple of enterprising young men. These men provide at least 1 woman and promise a huge orgy to everyone who can bring along a woman. The first guys who host the gang bang, have little investment, since they can make the guys who come later provide all but one of the women, and pay for the hotel room. As long as there is a good pool of fresh women, all of the late comers will not notice they are being fucked.
Last Friday Dave and I, hosted a 14 hour Ponzi Gangbang. I had to leave after I had been with my 9th woman of the night, but it was cool since we got them to pay for the hotel room.
by the042 June 30, 2009
1) A phrase used by idiots for any type of scam.
2) A specific type of scam. The operator (often from nigeria) of the scam promises "investors" that their money will be doubled in a certain number of days. The operator depends on the money provided by later investors to pay off his obligations to the earlier investors. This turns out splendidly for the early investors (assuming that it takes off), but later investors get the short end of the stick, as no more people are enrolling. At this point, the operator usually takes the money he has left and runs. This generally sucks for the later investors. Not that I care, because you have to be a total dumbass to enroll in a ponzi scheme anyhow.
2) A specific type of scam. The operator (often from nigeria) of the scam promises "investors" that their money will be doubled in a certain number of days. The operator depends on the money provided by later investors to pay off his obligations to the earlier investors. This turns out splendidly for the early investors (assuming that it takes off), but later investors get the short end of the stick, as no more people are enrolling. At this point, the operator usually takes the money he has left and runs. This generally sucks for the later investors. Not that I care, because you have to be a total dumbass to enroll in a ponzi scheme anyhow.
1) Bill: these people are trying to make me think I can get a free iPod for answering a survey. Looks like a ponzi scheme to me.
Me: Bill, you dumbass. That's not a ponzi scheme.
2) Just great. I just got another one of those get-rich-quick spams. I'm amazed that anyone buys into ponzi schemes.
Me: Bill, you dumbass. That's not a ponzi scheme.
2) Just great. I just got another one of those get-rich-quick spams. I'm amazed that anyone buys into ponzi schemes.
by gmx December 17, 2004
A boy with a funny last name that attends OMS and eats food and is married to Nick Stubba and who is named Cuddles and rapes people and loves to make perverted jokes and does NOT like to pet Dinos!!!!
Kid "Hey Jake Guess What?"
Jacob Ponzi "What?"
Kid "I got my number changed!"
Jacob Ponzi "What is it?"
Kid "342-7869"
Jacob Ponzi "Lol"
Kid "What?"
Jacob Ponzi "69"
Jacob Ponzi "What?"
Kid "I got my number changed!"
Jacob Ponzi "What is it?"
Kid "342-7869"
Jacob Ponzi "Lol"
Kid "What?"
Jacob Ponzi "69"
by OMS DEFINER March 18, 2009
A pub crawl that adds a new person to buy a round at each location. Each new person is promised that they will get free drinks at all the future bars if they buy this round. Obviously, whoever joins the ponzi crawl last gets screwed!
by kitm July 25, 2008
Having pulled off one of the most blatant and uninterrupted criminal financial schemes ever, the Ponzi President continues to maneuver to keep his tax returns hidden so he can maintain his increasingly flimsy costume of success.
by Dr Bunnygirl September 7, 2019
a beer you buy for another person on a third party's tab, usually with said party having no knowledge of the action.
Pat: Aw man, I totally hooked with that girl last night after her I bought that beer for her.
Kevin: Pat, you turd. You charged that beer to my tab. I thought I told you to stop with the ponzi beers.
Kevin: Pat, you turd. You charged that beer to my tab. I thought I told you to stop with the ponzi beers.
by KO'C February 23, 2011