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A Ponzi scheme ( / ˈpɒnzi /, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. [1] Named after Italian businessman Charles Ponzi, this type of scheme misleads investors by either falsely suggesting that profits are derived from legitimate business ...
2020 Twitter account hijacking. At least 130 accounts affected. The bitcoin addresses involved received about US$ 110,000 in bitcoin transactions. On July 15, 2020, between 20:00 and 22:00 UTC, 130 high-profile Twitter accounts were reportedly compromised by outside parties to promote a bitcoin scam. [1] [2] Twitter and other media sources ...
Gift card. A gift card, also known as a gift certificate in North America, or gift voucher or gift token in the UK, [1] is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by employers or ...
A pyramid scheme is a business model which earns primarily by enrolling others into the scheme, however rather than earning income (or providing returns-on-investments) by sale of legitimate products to an end consumer, it mainly earns by recruiting new members with the promise of payments (or services).
The 63-year-old Ryanair boss’s pay deal jumped to €4.7 million ($5 million) this year due to an improved base salary and rising profits at his budget airline.
1⁄2 years before facing state charge) 1920–1922; 9 years state 1927–1934; deportation in 1934. Charles Ponzi ( / ˈpɒnzi /, Italian: [ˈpontsi]; born Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi; March 3, 1882 – January 18, 1949) was an Italian swindler and con artist who operated in the U.S. and Canada. His aliases included Charles ...
The following is a list of proven scandals in India since independence, including political, financial and corporate scandals. The year, or decade, is when the scandal was first reported.
The mailings promised “Life Without Pain!” via stem cell injections or IVs administered in a patient’s own home. The allure was obvious: more than 20% of U.S. adults endure chronic pain. The ...
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