• synonyms


  1. a swindle in which a quick return, made up of money from new investors, on an initial investment lures the victim into much bigger risks.
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Origin of Ponzi

after Charles Ponzi (died 1949), the organizer of such a scheme in the U.S., 1919–20
Also called Ponzi game, Ponzi scheme.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Related Words

con, flimflam, hustle, racket, rip-off, sting, swindle, Ponzi, bait-and-switch, bunko

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