MLchartDataset catalogue

Ponzi scheme

Term · Insurance and risk management · MLC-T-INS-002605

A fraudulent investment operation that pays returns to earlier investors with money taken from later investors, rather than from actual profits. The scheme relies on a continuous flow of new money to sustain the illusion of profitability, eventually collapsing when new investments cease or withdrawals exceed deposits. Named after Charles Ponzi, who perpetrated such a scheme in the early 20th century.

Table 1. Record
IdentifierMLC-T-INS-002605
FieldInsurance and risk management
SubjectManagement Liability
Record as JSON 
{
  "id": "MLC-T-INS-002605",
  "term": "Ponzi scheme",
  "field": "Insurance and risk management",
  "definition": "A fraudulent investment operation that pays returns to earlier investors with money taken from later investors, rather than from actual profits. The scheme relies on a continuous flow of new money to sustain the illusion of profitability, eventually collapsing when new investments cease or withdrawals exceed deposits. Named after Charles Ponzi, who perpetrated such a scheme in the early 20th century.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/ponzi-scheme/"
}

Record 2,614 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.