Synonyms of Ponzi scheme

Ponzi scheme

noun

as in pyramid scheme

Synonyms & Similar Words

• pyramid scheme
• shell game
• cross
• con
• racket
• scam
• fix
• swindle
• fraud
• bunko
• rip-off
• thimblerig
• sting
• scheme
• stratagem
• bunco
• flimflam
• hustle
• fiddle
• three-card monte
• device
• jig
• dodge
• ploy
• hoax
• gouging
• soaking
• forgery
• counterfeit
• gimmick
• phoney
• wile
• overcharging
• sleight
• fake
• trick
• sham
• phony
• humbug

Examples Sentences

Recent Examples of Ponzi scheme

Zoom in: The failures led to significant issues, including the facilitation of transactions in a massive Ponzi scheme, according to FinCEN, the financial crimes enforcement arm of the Treasury Department. —Nathan Bomey, Axios, 10 Oct. 2024

Business For Subscribers City National, ‘Bank to the Stars,’ aided a Ponzi scheme, lawsuit says May 28, 2024 Amid the scrutiny, B. Riley in August marked down its investment in Franchise Group by up to $370 million and expects to record a loss of up to $475 million in the second quarter. —Laurence Darmiento, Los Angeles Times, 2 Oct. 2024

Critics call the digital money a giant Ponzi scheme, which benefits no one except criminals. —Laurent Belsie, The Christian Science Monitor, 16 Sep. 2024

More recently, he was accused of criminal theft and fraud via a Ponzi scheme used to allegedly rip off the elderly to fund his lifestyle. —Jessica Bennett, VIBE.com, 15 Aug. 2024