Charles Ponzi

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AllAfrica.com
Sec Warns Nigeria to Be Wary of Ponzi Schemeshigh returns requires an ever-increasing flow of money from new investors to su
Sec Warns Nigeria to Be Wary of Ponzi Schemes
AllAfrica.com / Posted 24 days ago
high returns requires an ever-increasing flow of money from new investors to sustain the scheme. The scheme is named after Charles Ponzi, who became notorious for using the technique in 1920. The SEC DG advised Nigerians not to subscribe to any... Read more

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