Ponzi Games: Anatomy, Evolution, and Containment Strategies (1879–2024)

Ponzi games are not anomalies—they’re recurring financial pathologies. This report puts the anatomy of a Ponzi game front and center and equips two audiences with concrete tools: a red-flag checklist for the public and a government playbook to shorten lifecycles and reduce harm. Drawing on a historical review of 15 cases across eras and geographies, […]