Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the google-analytics-dashboard-for-wp domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/mgs4178/public_html/wp-includes/functions.php on line 6121
International Reply Coupon Archives - Social Correspondence

Ponzi Scheme and Stamps

A certain type of fraud that dates back centuries, known as a Ponzi scheme, derived its name from a deception involving stamps in the early 20th century.  According to the online Merriam-Webster Dictionary, a Ponzi scheme is “an investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks.”  Investors are led to believe that their investment is yielding unrealistically high returns.  Despite the 20th century adage, “If it sounds too good to be true, it probably is,” billions of dollars have…

0 Comments
Close Menu
Verified by ExactMetrics