prompt: what's the term for financial moves where you keep finding new investors to pay off the previous ones
GPT-4o mini: The term for financial moves where new investors are continually recruited to pay off previous ones is often referred to as a "Ponzi scheme." Another similar term is "pyramid scheme," where returns are paid to earlier investors from the contributions of newer investors, but with a structure that typically requires participants to recruit others to earn returns. Both schemes are unsustainable and illegal.
GPT-4o mini: The term for financial moves where new investors are continually recruited to pay off previous ones is often referred to as a "Ponzi scheme." Another similar term is "pyramid scheme," where returns are paid to earlier investors from the contributions of newer investors, but with a structure that typically requires participants to recruit others to earn returns. Both schemes are unsustainable and illegal.