Q:

Where did the term 'Ponzi scheme' come from

Answer

Charles Ponzi became notorious for using the 'ponzi' technique after emigrating from Italy to the United States in 1903. ChaCha!

Categorized In: Language & Lookup

Source: Ponzi Scheme | www.investopedia.com

Sep 25 2009, 07:20pm

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More ChaCha Answers (1)

The Ponzi money-shifting scheme consists of paying initial investors with the funds provided by later investors. As in MORE?

Aug 06 2009, 09:37pm | Source: Howstuffworks "How Investment Scams Work" | money.howstuffworks.com

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