What is a Ponzi scheme?
Tim Bennett explains 'Ponzi' fraud schemes: how to spot them, what the three key ingredients are, and how you can avoid becoming a victim.
Tim Bennett explains 'Ponzi' fraud schemes: how to spot them, what the three key ingredients are, and how you can avoid becominga victim.
See also MoneyWeek's financial glossary.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.
He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.
-
Fund flows rose in April but did investors sell in May?
ISA season prompted the highest level of inflows into investment funds during April but the mood may have changed in May
By Marc Shoffman Published
-
Pension Schemes Bill: what’s changing and what it means for you
The government’s latest reforms to pensions are designed to make saving for retirement easier and better value for money – but will they leave you better off?
By Laura Miller Published