Ponzi
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“I mean, you take a 10%, 20%, 15% of a guy’s NIL money, that’s Bernie Madoff level,” Cronin said Friday, referencing the crooked financier who was convicted in a massive Ponzi scheme.
From Los Angeles Times
Jamie Dimon, ever the mouthpiece for traditional finance, maligned the industry as a fraud, a Ponzi scheme and a collection of pet rocks, among other colorful descriptors.
He knew something that others did not: that he was operating a Ponzi scheme.
From MarketWatch
This is a fictitious Ponzi scheme.’”
From Literature
They had the essential feature of a Ponzi scheme: To maintain the fiction that they were profitable enterprises, they needed more and more capital to create more and more subprime loans.
From Literature
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.