Daily Archives: July 26, 2016

In the previous article, we became familiar with the basic pyramid scheme. This time, our eyes are on a very similar deceptive investment scheme, called Ponzi scheme (sometimes also referred to as the Ponzi pyramid). People often think it’s just a type of pyramid scheme, and even use these terms interchangeably. That’s a pretty common misconception. It’s true that they share some similarities, but there are a few key differences that make a […]

What Is a Ponzi Scheme?