庞氏骗局

龐氏騙局

pángshìpiànjú

noun

Meanings

1 Ponzi scheme

Characters

(surname Ponzi); huge

Examples

这家公司其实是一个庞氏骗局。

Zhè jiā gōngsī qíshí shì yí ge pángshì piànjú.

This company is actually a Ponzi scheme.

庞氏骗局靠后来者的钱支付先前投资人的回报。

Pángshì piànjú kào hòuláizhě de qián zhīfù xiānqián tóuzīrén de huíbào.

A Ponzi scheme uses money from later participants to pay returns to earlier ones.

媒体揭露这个项目是一场典型的庞氏骗局。

Méitǐ jiēlù zhè ge xiàngmù shì yì chǎng diǎnxíng de pángshì piànjú.

The media exposed this project as a textbook Ponzi scheme.

Tips

history

庞氏 is the Chinese transliteration of Charles Ponzi, the Italian-American swindler whose 1920 Boston investment scam became the namesake. The term entered mainstream Chinese financial vocabulary after the 2008 Madoff case.

Stroke Order

庞 páng

氏 shì

骗 piàn

局 jú