SEC_Investor_Education.yml

- quote: |
    A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors.
    Ponzi schemes are named after Charles Ponzi. In the 1920s, Ponzi promised investors a 50% return 
    within a few months for what he claimed was an investment in international mail coupons.
  source: https://www.investor.gov/introduction-investing/investing-basics/glossary/ponzi-schemes

- quote: |
    Ponzi Schemes. With little or no legitimate earnings, 
    Ponzi schemes require a constant flow of new money to survive. 
    When it becomes hard to recruit new investors, 
    or when large numbers of existing investors cash out, 
    these schemes collapse.
  source: https://www.investor.gov/introduction-investing/investing-basics/glossary/ponzi-schemes

- quote: |
    Ponzi scheme "red flags" - High returns with little or no risk:
    Every investment carries some degree of risk, 
    and investments yielding higher returns typically involve more risk. 
    Be highly suspicious of any "guaranteed" [number-go-up to-the-moon] "investment" opportunity.
  source: https://www.investor.gov/protect-your-investments/fraud/types-fraud/ponzi-scheme

- quote: |
    Ponzi scheme "red flags" - Avoid too-good-to-be-true "investments" with claims like:
    - "To the moon! To the mars!" 
    - "Number go up!"
    - "Yearly return of 300+% in 2020!"
    - "Could quadruple in 2021 and rally to $100,000!" 
  soure: https://www.investor.gov