How to Use Ponzi scheme in a Sentence
Ponzi scheme
noun-
The Ponzi scheme was among a number of scams Hill carried out prior to the show.
—Jason Green, The Mercury News, 17 Apr. 2024
-
Now, the investors fear they've been swindled as part of alleged Ponzi scheme.
—Alexandria Burris, The Indianapolis Star, 5 Feb. 2024
-
The plan backfired, because Wilpon was investing in Bernie Madoff’s Ponzi scheme.
—Jack Harris, Los Angeles Times, 19 Dec. 2023
-
Law, who compares play-to-earn to a Ponzi scheme, has recently followed the footsteps of other Web3 games to shift to the mushier play-and-earn narrative.
—Zinnia Lee, Forbes, 22 Mar. 2023
-
Instead, existing investors were paid with money from new clients — a classic Ponzi scheme.
—Michelle Singletary, Washington Post, 3 Feb. 2023
-
By the end of the year, Bernie Madoff’s Ponzi scheme had unravelled, leaving investors some sixty-five billion dollars poorer.
—Ben Taub, The New Yorker, 27 Feb. 2023
-
In a Ponzi scheme, money provided by new investors is used to pay high returns to early-stage investors to suggest the enterprise is prosperous.
—Lisa Rathke, Quartz, 29 Mar. 2024
-
The exchange rate of the lira to the dollar was slipping on the black market; for years Lebanese banks had been offering unreasonably high interest rates to attract dollars in what many have described as a Ponzi scheme.
—Ursula Lindsey, The New York Review of Books, 27 July 2023
-
All of which began to sound to me like a Ponzi scheme, a form of fraud in which belief in the success of a bogus enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors.
—Chicago Tribune, 17 Feb. 2023
-
Before the most celebrated crypto-exchange was revealed to be a massive Ponzi scheme run by a privileged polycule of twentysomethings.
—Scott W. Stern, The New Republic, 6 Feb. 2023
-
There were other investigations German hadn’t completed when he was murdered, including one about a Ponzi scheme.
—Seyward Darby, Longreads, 7 Feb. 2023
-
Authorities said Carton and a co-conspirator were involved in a Ponzi scheme, taking nearly $5 million from investors with the promise their money would be used to buy and resale concert tickets.
—Scooby Axson, USA TODAY, 15 June 2023
-
His first case involved a real estate Ponzi scheme, and his second case stemmed from additional fraud Weinstein committed while on pretrial release.
—Aaron Katersky, ABC News, 19 July 2023
-
As news that Madoff’s high-flying money management business apparently was nothing more than a Ponzi scheme made its way around Wall Street, the near-universal reaction was utter disbelief.
—Elvia Limón, Los Angeles Times, 29 June 2023
-
Aequitas was not a Ponzi scheme, his attorneys still argue, but rather a legitimate finance company that ran into a serious liquidity issue.
—Jmanning, oregonlive, 6 Sep. 2023
-
Girardi is under federal indictment in two jurisdictions — L.A. and Chicago — for allegedly embezzling $18 million from clients in what prosecutors have described as a decades-long Ponzi scheme involving settlement money.
—Matt Hamilton, Los Angeles Times, 13 Sep. 2023
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'Ponzi scheme.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Last Updated: