What is a Ponzi Scheme? - Cheddar Explains

Investment fraud has been present throughout Wall Street history starting with Charles Ponzi himself. In more recent years you have heard the name, Bernie Madoff, for running one of the biggest ponzi schemes in recent history. Learn what a ponzi scheme is and more on Cheddar Explains.

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(Source: Cheddar, https://www.youtube.com/watch?v=m56_9Q2oCAk)