Difference between revisions of "Lesson:How a Ponzi Scheme works/ExerciseRC1"

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Answer the following questions according to the text.
 
Answer the following questions according to the text.
  
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{A Ponzi Scheme consists of:
 
{A Ponzi Scheme consists of:
 
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|type="()"}

Revision as of 15:36, 23 April 2013

Answer the following questions according to the text.

  

1 A Ponzi Scheme consists of:

a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investor
sharing everybody's money to invest on the stock
receiving money to spend with no need to pay it back

2 A Ponzi Scheme is:

a business where everybody makes money but your family and friends
a good business to raise some fast money
an illegal and risky type of business

3 If you were invited to a Ponzi Scheme you would:

accept immediately and start making money
not accept, besides of being illegal there's a great chance on losing your money
first make your best friend enter and wait to see how things go