Integrity compound interest financial management mainly uses virtual currency

Virtual currency compound interest financial management is also called token financial management. Most of these projects are pyramid schemes. The police have reminded users many times that they are typical Ponzi scheme projects. This type of virtual currency project is different from investing in projects such as Bitcoin, Ritecoin, and Litecoin.

Ponzi scheme is the name for investment fraud in the financial field. It is the ancestor of pyramid scheme. Many illegal pyramid schemes use this method to amass money. This deception was invented by a man named Charles ·"Invented" by Ponzi's speculator. In China, Ponzi schemes are also known as "tear down the east wall to pay for the west wall" and "empty tricks". In short, it uses the money of new investors to pay interest and short-term returns to old investors in order to create the illusion of making money and thereby defraud more investments.

Charles Ponzi was an Italian speculator who lived in the 19th and 20th centuries. He immigrated to the United States in 1903. In 1919, he began to plot a conspiracy. The corporate investment promised that investors would get a profit return of 40% within three months. Then, the cunning Ponzi used the new investors' money as quick profits to pay the original investors to lure more people into being fooled. Due to the generous returns for those who invested early, Ponzi successfully attracted 30,000 investors within seven months. This conspiracy lasted for a year before people who were dazzled by the benefits woke up. Later generations said It's called a "Ponzi scheme."