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From:
Kohn, Kohn & Colapinto LLP
(Uncensored)
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What is a Ponzi Scheme? Definition, Examples, and Origins
https://kkc.com/frequently-asked-questions/what-is-a-ponzi-scheme/
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A Ponzi scheme is a type of fraud that attracts investors and pays "returns" to earlier investors using new funds from more recent investors.
