The Term Ponzi Is Named After Charles Ponzi, Who Developed

Multiple Choice

The term Ponzi is named after Charles Ponzi, who developed a money-making scheme in the 1920s. A Ponzi scheme relies on:

A) attracting new investors to the scheme, whose money is used to pay existing investors and hence keep the scheme going.
B) asking existing investors in the scheme to pay back new investors and hence keep the scheme going.
C) finding new investors to keep the scheme going
D) Rewarding existing investors in the scheme with money from their investments.