Ponzi scheme is named,
after an early 1900's swindler,
a man who uses his cleverness,
to amass wealth in excess.
II
Ponzi scheme is fraudulent,
a certain type of investment,
which involves borrowing,
under the guise of investing.
III
Ponzi scheme starts,
when a client parts,
his hard-earned money,
to fund managers, initially.
IV
The Ponzi scheme manager,
soon look for more lender,
to cover the interest due to Mary,
the same manager borrow from Nancy.
V
So, Ponzi scheme goes on,
nobody suspecting being con,
until an investor unwittingly,
interrupts by asking for his money.
VI
The Ponzi scheme, then, unravels,
the illusion of profit shatters,
investors were now aware,
of the risks they all share.
VII
Ponzi scheme can be avoided,
by selecting people to be trusted,
by double-checking everything,
before you begin investing.
Published by Tussy
I first saw the light of day on the 19th day of November in the Pearl of the Orient Seas. Born and bred a Roman Catholic and received Catholic education from the primary on to the secondary until I finished... View profile
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1 Comments
Post a CommentGood poem about scary investments :) Sheri