How Ponzi Scheme Works?

In this video, I break down how Ponzi schemes work using a simple example. Watch the full video to understand the mechanics of this classic scam and learn about one of the most infamous Ponzi schemers, Bernie Madoff, who scammed billions from thousands of investors.

Disclaimer: This channel DOES NOT promote or encourage any illegal activities! All content provided by this channel is meant for EDUCATIONAL purposes only!

Chapters:
0:00 Introduction
0:07 What is a Ponzi Scheme?
0:20 The Origin of the Ponzi Scheme
0:40 Example: Bob's Fake Investment Company
1:41 Why Ponzi Schemes Fail
2:24 Bernie Madoff's Ponzi Scheme
3:15 Conclusion and Advice

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