TW Dictionary logoTW Dictionaryby Toppers' Wisdom

Ponzi scheme

/ˈpɒnzi skiːm/noun

उच्चारण पॉन्ज़ी स्कीम

पोंज़ी स्कीम, धोखाधड़ी वाली निवेश योजना

Advanced word

noun
  1. 1

    [C]

    a dishonest investment plan in which money from new investors is used to pay earlier investors, so that the plan seems to be making profits until it collapses

    पोंज़ी स्कीम, धोखाधड़ी वाली निवेश योजना

    • Thousands of families lost their savings in the Ponzi scheme.
    • The promise of doubling your money in a year is a sign of a Ponzi scheme.

    Synonyms pyramid scheme fraud swindle

≈Synonyms and antonyms
⌂Word origin and word building

From the name of Charles Ponzi, who ran such a fraud in the United States in the 1920s.

यह Charles Ponzi के नाम से बना है, जिसने 1920 के दशक में अमेरिका में ऐसी धोखाधड़ी चलाई थी।