Misc

10 Largest Ponzi Schemes in History [Infographic]

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Published on January 6

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We have all heard of Bernie Madoff and his Ponzi scheme. This is a type of fraudulent investing scam that generates returns for early investors by taking money from later investors. Charles Ponzi carried out this scheme in the 1920s but the first recorded incidents go back to the mid 1800s. This infographic from Comparethemarket takes a look at the 10 largest Ponzi schemes in history:

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