2,366 Chinese buzzwords with English explanations

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庞氏骗局 pang
2
 shi
4
 pian
4
 ju
2
 

derogatory | Obsolete

Ponzi scheme

A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors, not from any actual profit earned by the organization, but from their own money or money paid by subsequent investors.

Added on Jun 19, 2011 | Last updated on Jul 19, 2011 | 719 Buzzes


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