Phrases with «ponzi scheme»

Sentences with «ponzi scheme»

  • «In the United States, since World War II when this basic system was created, research has been a kind of Ponzi scheme in the sense that when the government provides grants, the institution leverages the indirect costs to expand research... and no institution has the resources to support the size of the faculty they have, especially in the biomedical sciences.» (sciencemag.org)
  • «There is a real and heightened risk of (an) investment bubble (in virtual currencies) of the type seen in ponzi schemes which can result in (a) sudden and prolonged crash exposing investors, especially retail consumers, losing their hard - earned money,» the finance ministry said in a notification on Dec. 29, 2017. (qz.com)
  • A Bloomberg article suggests that cryptocurrency's big breakthrough in the country occurred in 2016, when scammers conducting a long - running Ponzi scheme known as MMM began demanding payment in bitcoin because the government had started targeting their bank accounts. (ethnews.com)
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