Ponzi schemenoun [ C ]
uk/ˈpɒn.zi ˌskiːm/us/ˈpɑːn.zi ˌskiːm/a way of deceiving investors (= people who give money to a company hoping to get more back) by using the money they give to pay interest to existing customers rather than investing it
Thesaurus: synonyms and related words
Fraud & corruption
- baksheesh
- blackmail
- buy sb off
- cook
- cook the books idiom
- corrupt
- corruption
- fraudulent accounting
- front for sth
- game-fixing
- get at sb
- graft
- impersonate
- imposture
- perjury
- rort
- shell
- siphon sth off
- suborn
- swindle
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