BUSINESS MAVERICK: A Ponzi scheme by another name: The case of Invest200

A great explanation of a Ponzi scheme by Daily Maverick

“A Ponzi scheme by another name: The case of Invest200”

https://www-dailymaverick-co-za.cdn.ampproject.org/c/s/www.dailymaverick.co.za/article/2020-05-14-a-ponzi-scheme-by-another-name-the-case-of-invest200/amp/

BUSINESS MAVERICK: A Ponzi scheme by another name: The case of Invest200

Ponzi schemes are named after the Italian Charles Ponzi, who ran a highly profitable and expansive pyramid investment operation, which led to him being jailed for 14 years. The latest kid on the South African block is called Invest200.


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