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RE: The Pyramid and Ponzi Scheme Fraud and how to Identify them
Good topic. We must always obtain some sort of value from an investment.
Good topic. We must always obtain some sort of value from an investment.
But these Ponzi scheme promise the value they are unable to offer.
Indeed. I meant that we must keep a measurement of value. Having a masters, I understand intangible value. Ponzi schemes do not promise intangible value. They instead promise real value but offer no evidence or demonstrate no stake of their own.