A fraudulent investment operation in which money collected from new investors is used to pay off earlier

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A fraudulent investment operation in which money collected from new investors is used to pay off earlier investors Match the terms with the definitions. Some terms may not be used.

a. bait and switch

b. clearance

c. deception

d. fake sale

e. infomercial

f. liquidation g. low-balling h. pigeon drop i. Ponzi scheme j. pyramid scheme k. redress

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Managing Your Personal Finances

ISBN: 9781305076815

7th Edition

Authors: Joan S. Ryan, Christie Ryan

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Question Posted: Jun 14, 2024 01:06 AM

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A fraudulent investment operation in which money collected from new investors is used to pay off earlier

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Managing Your Personal Finances

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