Ponzi schemen.

Brit.

/ˈpɒnzɪ skiːm/, U.S.

/ˈpɑnzi ˌskim/

Origin: From a proper name, combined with an English element. Etymons: proper name Ponzi , scheme n.¹

Etymology: < the name of Charles Ponzi (1882–1949), Italian-born criminal, who perpetrated such a fraud in 1919–20 + scheme n.¹

Originally and chiefly U.S.

A form of fraud in which belief in the success of a non-existent enterprise is fostered by payment of quick returns to first investors using money invested by others; any system which operates on the principle of using the investments of later contributors to pay early contributors.In quot. 1920¹ with reference to the scheme operated by Charles Ponzi.

ΘΚΠ

the mind > possession > taking > stealing or theft > defrauding or swindling > [noun] > scheme > commercial or financial

bubble1700

Ponzi scheme1920

pyramid1920

pyramid scheme1949

pyramid selling1965

1920 N.Y. Tribune 29 July 1/2 (headline) U.S. acts to halt huge money profits; hits Ponzi scheme.]

1920 Oelwein (Iowa) Daily Reg. 31 Aug. 2/2 Which is the more sensible? to invest in Ponzi schemes of get rich quick or in liberty bonds?

1976 National Observer (U.S.) 10 July 8/3 ‘He was operating a Ponzi scheme,’ says Michael Mustokoff, chief of the unit. The first few investors were paid ‘dividends’ out of the money invested by people who came in later, and word spread that the club was raking in the bucks.

1992 N.Y. Times Bk. Rev. 15 Nov. 14/3 Junk bonds, in his view, were a classic Ponzi scheme built on treachery, lies and strong-arm tactics.

1997 Daily Tel. 18 July 33/3 Since 1945, successive governments have been running a classic Ponzi scheme called the national Insurance fund.

This entry has been updated (OED Third Edition, December 2006; most recently modified version published online March 2022).

单词	ponzi scheme
释义	Ponzi schemen. Brit. /ˈpɒnzɪ skiːm/, U.S. /ˈpɑnzi ˌskim/ Origin: From a proper name, combined with an English element. Etymons: proper name Ponzi , scheme n.¹ Etymology: < the name of Charles Ponzi (1882–1949), Italian-born criminal, who perpetrated such a fraud in 1919–20 + scheme n.¹ Originally and chiefly U.S. A form of fraud in which belief in the success of a non-existent enterprise is fostered by payment of quick returns to first investors using money invested by others; any system which operates on the principle of using the investments of later contributors to pay early contributors.In quot. 1920¹ with reference to the scheme operated by Charles Ponzi. ΘΚΠ the mind > possession > taking > stealing or theft > defrauding or swindling > [noun] > scheme > commercial or financial bubble1700 Ponzi scheme1920 pyramid1920 pyramid scheme1949 pyramid selling1965 1920 N.Y. Tribune 29 July 1/2 (headline) U.S. acts to halt huge money profits; hits Ponzi scheme.] 1920 Oelwein (Iowa) Daily Reg. 31 Aug. 2/2 Which is the more sensible? to invest in Ponzi schemes of get rich quick or in liberty bonds? 1976 National Observer (U.S.) 10 July 8/3 ‘He was operating a Ponzi scheme,’ says Michael Mustokoff, chief of the unit. The first few investors were paid ‘dividends’ out of the money invested by people who came in later, and word spread that the club was raking in the bucks. 1992 N.Y. Times Bk. Rev. 15 Nov. 14/3 Junk bonds, in his view, were a classic Ponzi scheme built on treachery, lies and strong-arm tactics. 1997 Daily Tel. 18 July 33/3 Since 1945, successive governments have been running a classic Ponzi scheme called the national Insurance fund. This entry has been updated (OED Third Edition, December 2006; most recently modified version published online March 2022). < n.1920
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