Help make Alexa smarter on Alexa Answers. Sign in with Amazon

Miscellaneous

What's the difference between a ponzi scheme and a pyramid scheme?


With Ponzi schemes, investors give money to a portfolio manager. Then, when they want their money back, they are paid out with the incoming funds contributed by later investors. With a pyramid scheme, the initial schemer recruits other investors who in turn recruit other investors and so on.

{{ relativeTimeResolver(1625090564632) }}

LIVE
Points points 47
Rating

Similar Questions
Sign in to view all similar questions
Miscellaneous 1 Answer
Miscellaneous 1 Answer
Miscellaneous 1 Answer

Join Alexa Answers

Help make Alexa smarter and share your knowledge with the world

LEARN MORE