File:Charles_Ponzi.jpg · Wikimedia Commons · See Wikimedia Commons
fraudulent investment scheme that pays earlier investors with proceeds from later investors
A Ponzi scheme is a fraudulent investment where money from new investors is used to pay returns to earlier investors, rather than from actual profits. It matters because it inevitably collapses when new investor money runs out, leaving most participants with substantial losses.
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Discovered by embedding cosine similarity (sentence-transformers MiniLM, 384-dim).