Kind of scheme that's fraudulent Crossword Clue
5 letters · New York Times · Monday, August 25, 2008 · 21-Down
Appeared in 1 New York Times Crossword: Monday, August 25, 2008.
Exact puzzle match · New York Times · August 25, 2008 · 21-Down · 5 letters
PONZI0 of 5 letters revealed
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What does this clue mean?
Pertaining to a scheme whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the investment is viable.
adj
WordNet® (Princeton University)
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