Synonyms of Ponzi scheme

Ponzi scheme

noun

as in pyramid scheme

Synonyms & Similar Words

• pyramid scheme
• shell game
• cross
• con
• racket
• scam
• fix
• swindle
• fraud
• bunko
• rip-off
• thimblerig
• sting
• scheme
• stratagem
• bunco
• flimflam
• hustle
• fiddle
• three-card monte
• device
• jig
• dodge
• ploy
• hoax
• gouging
• soaking
• forgery
• counterfeit
• gimmick
• phoney
• wile
• overcharging
• sleight
• fake
• trick
• sham
• phony
• humbug

Examples Sentences

Recent Examples of Ponzi scheme

In the West African country of Senegal, officers arrested eight people, including five Chinese nationals, in a $6-million online Ponzi scheme. —Mark Banchereau, Los Angeles Times, 26 Nov. 2024

In Senegal, law enforcement detained eight individuals, including five Chinese nationals, in connection with a $6 million online Ponzi scheme. —Dan Perry, Newsweek, 26 Nov. 2024

That court record shows Yang is the subject of a criminal investigation in connection with a Ponzi scheme allegedly conducted through her firms: AK Equity Group LLC, AK Global Investing LLC, Xapphire Fund LLC, Xapphire G Fund LLC and Xapphire LLC. —Tom Daykin, Journal Sentinel, 25 Nov. 2024

Similarly to how no one advised investors to avoid stocks after Bernie Madoff’s Ponzi scheme, the usage of crypto to perpetrate scams and frauds doesn’t mean everyone should shun crypto. —Laura Shin, TIME, 29 Oct. 2024