What did Charles Ponzi do - and is money flipping the dumbest 計画/陰謀 yet? This is Money podcast

Ever heard of money flipping? It’s a new 計画/陰謀 doing the 一連の会議、交渉/完成するs on Facebook and social マスコミ that 約束s to turn your £50 into 潜在的に thousands.

So how do you do that? Simple really, you 支払う/賃金 others to get の上に the 底(に届く) rung of a pyramid and then 新採用する more people to move you up a level and get paid yourself.

What makes it so dumb is that it doesn’t even try to have the 合法的 veneer of famous pyramid 計画/陰謀s of the past.

It’s a Ponzi 計画/陰謀, plain and simple, but what is one of those and who was Charles Ponzi, the man the scams are 指名するd after?

On this week’s podcast, Simon Lambert, 物陰/風下 Boyce and Georgie 霜 step 支援する to America in 1920 to find out how Ponzi 急に上がるd and then 衝突,墜落d ? and look at the new money flipping 計画/陰謀 that has brought a trick as old as time to today’s 数字表示式の age.

They also take a look at the most famous pyramid of 最近の times, the Bernie Madoff スキャンダル that lost the 広大な/多数の/重要な and good fortunes.?

Also on this week’s podcast, we look at TSB 顧客s who are unfortunate enough to get scammed themselves after the bank’s 炉心溶融 and how it is failing them.

And we take a look at whether the FTSE 100’s sudden 14 per cent rise on its way to new 記録,記録的な/記録する highs can still mean it is an unloved 投資 ? and find out where 年金 millionaires 投資する.??

How to listen to the This is Money podcast?

We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast 壇・綱領・公約s Audioboom and Acast, both of which 許す you to listen on desktop, 動きやすい, or download an app. We also now publish to Spotify.

To download the Apple Podcasts app if you do not already have it, go to the App 蓄える/店. Or go to either the Apple App 蓄える/店 or the Google Play 蓄える/店 on Android to download the Acast, AudioBoom or Spotify app.?

圧力(をかける) play to listen to this week's 十分な episode on the player above, or listen (and please subscribe if you like the podcast) at Apple Podcasts, Acast , Audioboom?and Spotify or visit our This is Money Podcast page.???

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