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1). Legitimate investment or Ponzi scheme: some clues to help you decide By : Timothy Rohrer
Copyright 2006 Timothy Rohrer
Ponzi schemes are a type of illegal pyramid scheme named for Charles Ponzi, an Italian immigrant who used technique in New England in the 1920's. Although it was he who is most well known for using this scheme, the concept has been around for a long time.
These types of schemes are quite common and you have probably seen those hundreds of times, perhaps without realizing it.
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