Ponzi scheme has been going on for a hundred years, and it can still deceive people!

20 19 has passed, and the Ponzi scheme has been going on for a hundred years, and it is still "unrepentant" and still harmful. Speaking of Ponzi scheme, you must be familiar with it. In the economic field, if you don't know Ponzi scheme, get ready for your tuition!

Ponzi scheme was born in 19 19 and was invented by a "unlucky" named Charles Ponzi. Charles Ponzi 1903 immigrated to the United States and worked as a painter and waiter, hoping to make a fortune. He served time in Canada for forgery and Atlanta for human smuggling. After more than ten years of American dream of making money, Ponzi found that the fastest way to make money was finance.

19 19, Charles Ponzi "woke up" and did a "famous" event. He began to promote his investment plan of "45-day period and 50% return", and Ponzi scheme was born. 50% of the income. Can you believe it? You may not believe it, but some people do! Even in 2020, people still believe in it! Because amateurs or semi-amateurs simply don't understand.

"International postal reply certificate" was popular between Europe and America at that time. A reply coupon is worth 30 pesetas in Spain and 5 stamps in the United States, but the exchange rate between pesetas and the US dollar was higher than 6: 1 at that time, so Ponzi thought of arbitrage by speculating in foreign exchange. In theory, the profit can reach 10% if you exchange dollars for pesetas, buy reply coupons in Spain and exchange stamps in the United States. But in fact, there are many kinds of current expenditures in the purchase and exchange link, which need complicated approval at different levels. There is no money at all.

Ponzi scheme is so unforgettable because it is based on facts. Nine out of ten sentences are true, but the most deadly thing is often a lie. Ponzi snowballed and attracted more than 40,000 investors, with a wealth of $ KLOC-0/50,000. In recent years, Shanghai Kuailu, e-Rent Bao and Kunming Pan Asia Group are all derivatives of Ponzi scheme.