Thesaurus results for PONZI SCHEME

Ponzi scheme

noun

as in pyramid scheme

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Example Sentences

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Recent Examples of Ponzi scheme Chris Hondros | Getty Images The 10th and final distribution from a fund for victims of the late Ponzi scheme king Bernie Madoff began Monday, the Department of Justice said. —

Dan Mangan, CNBC, 30 Dec. 2024 The fraud was the largest Ponzi scheme in history, with nearly 41,000 recipients ultimately qualified for payments from the Madoff Victim Fund. —

Brady Dale, Axios, 30 Dec. 2024 At trial, prosecutors presented evidence that Girardi’s law firm, Girardi Keese, was run like a Ponzi scheme, where clients’ settlements were misappropriated to cover other law firm debts or finance his lavish spending. —

Matt Hamilton, Los Angeles Times, 20 Dec. 2024 Saylor responded to naysayers who call MicroStrategy’s bitcoin acquisition strategy a Ponzi scheme. —

Tanaya MacHeel, CNBC, 16 Dec. 2024 See all Example Sentences for Ponzi scheme