Channel: MoneyWeek
Category: Education
Tags: ponziquickconbeberniethiefloserichschemesstolecrashawareloss2008moneyscamslostgetofmadoffinvestingbankruptprofitfinance
Description: The financial world is filled with get-rich-quick schemes – there is no shortage of conmen out there. One of the best-known scams is the Ponzi scheme. Here's how it works.