Sunday, July 2, 2017

Ponzi scheme - fraudulent investment operation

A Ponzi scheme ( also a Ponzi game) is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities.
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quid pro quo - a favour or advantage granted in return for something.

 quid pro quo /ˌkwɪd prəʊ ˈkwəʊ/ noun noun : quid pro quo ; plural noun : quid pro quos a favour or advantage granted in return for...