A type of scam where large percentage returns are guaranteed, allegedly due to some sort of excellent investment (like forex). In reality, there is no investment and returns are paid by new deposits from investors.
Ponzi schemes inevitably fail in one of three ways:
The scammers take the money and run.
The authorities step in and close it down.
Not enough new money comes in to pay the promised returns and it collapses.
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Articles in Forex Traders Glossary
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There are 107 articles in Forex Traders Glossary.
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G (cont.)
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Q (cont.)
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Ponzi Scheme
Linear Mode
