Ponzi scheme Quote by Cameron Stracher

“Like a giant Ponzi scheme, profits depended on an unending source of associates entering at the bottom of the pyramid, funneling cash up the…

— Cameron Stracher

In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no…

— Alex Berenson

A typical Ponzi scheme involves taking money from investors, then paying them off with money taken from new investors, rather than paying them from…

— Amy Goodman

“the government alleged that the company was little more than a pyramid scheme built upon misleading promises of riches to prospective distributors, many of…

— Jane Mayer

“Remember we don't have a crystal ball and all business is risky no matter what company you are joining Ponzi or not. This will…

— Cory Crabb

I am often asked if Network Marketing is a Pyramid Scheme. My reply is that corporations really are pyramid schemes. A corporation has only…

— Donald Trump

“Entrepreneurs often underestimate costs and overestimate rewards. But the fact that they estimate & still take action sets them apart from peers.”

— Ryan Lilly

No Ponzi schemer tells anyone exactly how it works. The purpose of a Ponzi scheme is to trick people, to take the money and…

— Mitchell Zuckoff

“The business motivation behind creating a partnership is to dramatically accelerate revenue at a fraction of the cost.”

— Sarah Gerdes

“bubbles and Ponzi schemes and capitalism all have to keep growing or else they are in deep shit.”

— Kim Stanley Robinson

“Not all good works can turn a profit, but profits can be directed toward good. As Warren Buffett explains, “I’ve worked in an economy…

— William D. Eggers

Profit is sweet, even if it comes from deception.

— Sophocles