{"id":21841,"date":"2024-09-11T06:00:58","date_gmt":"2024-09-11T11:00:58","guid":{"rendered":"https:\/\/www.sequenceinc.com\/fraudfiles\/?p=21841"},"modified":"2024-07-23T07:58:10","modified_gmt":"2024-07-23T12:58:10","slug":"what-is-a-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/what-is-a-ponzi-scheme\/","title":{"rendered":"What is a Ponzi Scheme?"},"content":{"rendered":"<p>Tracy Coenen explains exactly what a Ponzi scheme is: an investment scheme in which the promoter takes money from &#8220;investors&#8221; and promises to invest it. There is little to no real investment, and when it comes time to pay &#8220;returns&#8221; those investors, the promoter needs money from NEW &#8220;investors&#8221; to pay them. The promoter is generally stealing from the investors and constantly needs new money to keep the scam going. Ponzi schemes are often called pyramid schemes.<\/p>\n<p><iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/TdrSP43RuBk\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tracy Coenen explains exactly what a Ponzi scheme is: an investment scheme in which the promoter takes money from &#8220;investors&#8221; and promises to invest it. There is little to no real investment, and when it comes time to pay &#8220;returns&#8221; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21530,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[184,822],"tags":[],"class_list":["post-21841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pyramid-schemes-mlm","category-videos"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/tracy-sequence-1.png","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-5Gh","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/21841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=21841"}],"version-history":[{"count":1,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/21841\/revisions"}],"predecessor-version":[{"id":21845,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/21841\/revisions\/21845"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media\/21530"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=21841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=21841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=21841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}