Ponzi scheme

Examples Sentences

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Recent Examples of Ponzi scheme Zoom in: The failures led to significant issues, including the facilitation of transactions in a massive Ponzi scheme, according to FinCEN, the financial crimes enforcement arm of the Treasury Department. Nathan Bomey, Axios, 10 Oct. 2024 Business For Subscribers City National, ‘Bank to the Stars,’ aided a Ponzi scheme, lawsuit says May 28, 2024 Amid the scrutiny, B. Riley in August marked down its investment in Franchise Group by up to $370 million and expects to record a loss of up to $475 million in the second quarter. Laurence Darmiento, Los Angeles Times, 2 Oct. 2024 Critics call the digital money a giant Ponzi scheme, which benefits no one except criminals. Laurent Belsie, The Christian Science Monitor, 16 Sep. 2024 More recently, he was accused of criminal theft and fraud via a Ponzi scheme used to allegedly rip off the elderly to fund his lifestyle. Jessica Bennett, VIBE.com, 15 Aug. 2024 See all Example Sentences for Ponzi scheme 

Thesaurus Entries Near Ponzi scheme

Cite this Entry

“Ponzi scheme.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/Ponzi%20scheme. Accessed 21 Nov. 2024.

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