Ponzi scheme
/ˈpɒnzɪ/noun
- a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors庞氏骗局(用后来投资者的钱来给予早先投资者以快速回报, 以此培养对一个并不存在的企业成功的信心)。
词源
named after Charles Ponzi (died 1949), who carried out such a fraud (1919-20).