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What Is the Name for a Form of Fraud That

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What is the name for a form of fraud that uses money collected from new investors,rather than profits from the supposed underlying business venture,to pay high rates of return promised to earlier investors?


Definitions:

Assyrians

An ancient Mesopotamian civilization known for its powerful empire, architectural innovations, and contributions to art and writing, flourishing mainly between the 25th and 7th centuries BCE.

Lamassu

Assyrian protective deity, often depicted as a creature with a human's head, a body of a bull or a lion, and bird's wings.

Profile View

An artistic representation showing the side view of an object, person, or scene.

Ctesiphon

An ancient city located on the Tigris River, near modern-day Baghdad, Iraq, once a major capital of the Parthian and Sassanid empires.

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