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RE: SEC-S17W3- "Let's talk about the Ponzi scheme" || by @mianawais
Ponzi schemes are misleading investment schemes that rely on money from new investors to pay returns to previous investors, creating the illusion of success. They can have devastating consequences for investors, both financially and emotionally. It is crucial to be vigilant, do thorough research, demand transparency, and diversify investments to avoid falling victim to these fraudulent schemes.