/biz/ - Business & Finance

>>55979013
https://en.wikipedia.org/wiki/Ponzi_scheme

In a Ponzi scheme, a con artist offers investments that promise very high returns with little or no risk to their victims. The returns are said to originate from a business or a secret idea run by the con artist. In reality, the business does not exist or the idea does not work in the way it is described. The con artist pays the high returns promised to their earlier investors by using the money obtained from later investors. Instead of engaging in a legitimate business activity, the con artist attempts to attract new investors to make the payments that were promised to earlier investors.[7][8][9][10] The operator of the scheme also diverts clients' funds for the operator's personal use.[9][10]

With little or no legitimate earnings, Ponzi schemes require a constant flow of new money to survive. When it becomes hard to recruit new investors, or when large numbers of existing investors cash out, these schemes collapse.[a][1][11][12] As a result, most investors end up losing all or much of the money they invested.[11] In some cases, the operator of the scheme may simply disappear with the money.[13]
YOU ARE THE BIGGEST IDIOT IN THE ROOM, GO AWAY OR BETTER YET SLICE YOUR EYES.