A type of investment scam.
A ponzi scheme is a fraudulent investment operation that involves paying returns to investors out of the money raised from new investors.
The scheme is named after Charles Ponzi, an Italian immigrant to the United States in the 1920s.
I got taken by a HYIP ponzi scam last week. They promised 20% a month but ran away with my money!
The fastest, most effective way to make money on the internet.
you must run your own ponzi for it to be effective.
1) ssshhhhh dont tell anyone - but I made $2000 over the weekend by running my own ponzi - then pulled the plug!
2) Fuck rip off ponzi mutha fuckas!!! give my my money back or I'll call the FBI!!!
by anonymous Apr 26, 2003 add a video