A Type of Fraud,in Which Money Received from Later Investors

question 45

Short Answer

A type of fraud,in which money received from later investors is used to provide returns to earlier investors,thus giving an appearance of a profitable investment is called a ______ scheme.

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Definitions:

Growth Spurt

A rapid increase in height and weight typically observed during adolescence due to hormonal changes.

Atypical Growth

Growth patterns that deviate from the expected or typical developmental trajectory.

Typical Adolescent

Refers to the general characteristics or behaviors expected from an individual going through the teenage years, including biological, cognitive, and social changes.

Outward Sign

A visible, external indicator that may suggest something about a person's status, intentions, or condition.