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WATCH: What is a Ponzi scheme and how does it collapse?

14 April, 11:39 AM

Alleged South African Ponzi scheme MMM's global pyramid has collapsed. We explain what a Ponzi scheme is and what happens to make it collapse. Watch.

Just because a scheme pays out to family and friends, it doesn't mean it's not at risk of collapsing, find out why in the video above.

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