How does one run a Ponzi scheme?
devise a pyramid of investors in which lower rungs pay for investment returns on
upper ones, while the money gets siphoned off
render illegal money legal in a three-step process
create a ghost employee to defraud a payroll
steal money before it gets recorded into accounting
prtain Crimes Pool 22

Ponzi schemes involve deceiving investors by using new investors' money to pay previous investors, creating an illusion of profits. The perpetrator misappropriates funds for personal use, leading to a collapse that results in all investors losing their money.

The most infamous example is Bernard Madoff's $50 billion Ponzi scheme, where thousands of investors were defrauded through false promises of high returns.

To run a Ponzi scheme, the individual typically falsely claims to invest in legitimate assets while diverting funds for personal gain, creating a cycle of unsustainable payouts to maintain the illusion of a successful investment.

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