Pronunciations (2)
-
/ˈpɒnzi/
Pronunciation notes
- Received-Pronunciation
-
/ˈpɑnzi/
Pronunciation notes
- General-American
Adjective
Pertaining to a scheme whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the investment is viable.
Usage- not-comparable
- Examples
-
More examples (1)
Officers, who say he [Kautilya Nandan Pruthi] was Britain's most prolific Ponzi fraudster "by some way", fear that only around £2m will be returned to his victims.
Noun
A Ponzi scheme.
- Examples
-
More examples (1)
Based on the media's portrayal of these Ponzies, at the end of the day, it seems as though these villains had zero concern about what they were doing to their clients.
There are as many Ponzies and greedy people that have infinite time and resources, knowledge, freedom and the greatest of all, The Purpose!
To be fair, degenerate gambling and poorly designed Ponzis have consumed some corners of the crypto market, […]
Verb
To introduce or perpetrate a Ponzi scheme style scam.
Usage- Informal
- Intransitive
- Uncommon
- Examples
-
Harry then ponzied over on Rotarians, the slickest scheme in high finance that has ever been witnessed by the organization.
Senator KERRY: Lending and ponzying and scheming and defrauding and buying illegally and doing all these things, correct?
More examples (2)
There was a man, very "smart", who ponzied his way to billions of dollars.
In late August 2022, Weinstein revealed his true identity to the Tryon owners in a secretly recorded meeting, Sellinger said. In another recorded August 2022 meeting, Weinstein admitted to embezzling Tryon investor money and making false statements about the alleged Optimus deals. Weinstein acknowledged that he was conducting a Ponzi scheme, stating, “I finagled, and Ponzied and lied to people to cover us,” Selinger said.
To deceive someone by promising false investment returns that are funded by the proceeds of a new victim.
Usage- Informal
- Transitive
- Uncommon
- Examples
-
About 6,000 California investors did—and got "Ponzied" out of their money.
Never mind that the losers outnumber them and that their losses are greater than the winners' gains; the losers discover that in effect they got Ponzied.