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Sort Of Financial Scam For Which Bernie Madoff Got A Prison Sentence Of 150 Years In 2009 Crossword Clue

There is 1 exact and 158 possible answers.
We've checked our database and believe the answer is PYRAMIDSCHEME which was last seen in the The Guardian Quick crossword.
Check other possible answers below.
We think the answer to this crossword clue is: PYRAMIDSCHEME

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99%13Exact Match!
noun

• a fraudulent scheme in which people are recruited to make payments to the person who recruited them while expecting to receive payments from the persons they recruit; when the number of new recruits fails to sustain the hierarchical payment structure the scheme collapses with most of the participants losing the money they put in

52%7Bernie Madoff job
noun

• the act of swindling by some fraudulent scheme

verb

• deprive of by deceit

52%4Bernie Madoff's hedge fund, e.g.
noun

• a fraudulent business scheme

verb

• deprive of by deceit

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Clue Last Found In...

Source #Number Answer
The Guardian Quick18 Feb 2020 Across 14
This clue was last seen in the publications above.

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