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 11, 2010
Get the ponzi scheme mug.The process of winning new church members by indoctrinating additional recruiters and missionaries. Specifically (but not exclusively) for the Roman catholic church.
Go out my children and ponzificate.
Proselytize and ponzificate!
Those on the lowest tear of the ponzification pyramid are screwed - only those at the top go to heaven.
Proselytize and ponzificate!
Those on the lowest tear of the ponzification pyramid are screwed - only those at the top go to heaven.
by Kai_F April 13, 2010
Get the Ponzificate mug.An Attention Span Ponzi Scheme is a system of recruitment of people to pay attention to a topic. People recruited to the topic are then encouraged to drag in the attention spans of others.
The entire system collapses when everyone realizes that the topic is bankrupt of value to be discussed in the first place.
The entire system collapses when everyone realizes that the topic is bankrupt of value to be discussed in the first place.
Examples of Attention Span Ponzi Schemes include chain letters, time-wasting Facebook applications, and any social reference group that is based on recruiting others to participate or play for the subject to have sustained interest.
by GarethBeaumains March 12, 2009
Get the Attention Span Ponzi Scheme mug.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
Get the Ponzi Gangbang mug.A teenage girl that spazzes out and goes psycho on a daily basis over the upcoming senior prom. It is hauntingly similar to a bridezilla that is also a prima donna but on a larger scale.
That damn promzilla had better shut the fuck up pretty soon about her prom dress not being perfect. Who cares, it's just going to wind up an expensive cum-bucket anyway.
by running out of patience April 18, 2010
Get the promzilla mug.by Gabozz March 30, 2004
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