| 单词 | Ponzi scheme |
| 释义 | Ponzi scheme Ponzi scheme /; AmE / noun [C] (AmE) a plan for making money that involves encouraging people to invest by offering them a high rate of interest and using their money to pay earlier investors. When there are not enough new investors, people who have recently invested lose their money: He was accused of running Ponzi schemes. NOTE Charles Ponzi organized the first scheme of this kind in the US in 1919. |
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