Thesaurus results for PONZI SCHEME

Ponzi scheme

noun

as in pyramid scheme

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Examples Sentences

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Recent Examples of Ponzi scheme 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 Shapiro, convicted in 2010 on federal charges of securities fraud and money laundering in New Jersey after overseeing a $930 million Ponzi scheme, was sentenced in 2011 to 20 years in prison. —

Michael Wilner, Orlando Sentinel, 13 Dec. 2024 In 2009, Bernie Madoff pleaded guilty in connection with a Ponzi scheme that tanked the Mets’ payroll for years. —

Peter Sblendorio, New York Daily News, 9 Dec. 2024 See all Example Sentences for Ponzi scheme