n. An investment swindle in which high profits are promised from fictitious sources and early investors are paid off with funds raised from later ones. Eventually, there isn't enough return to go around and the schemes unravel.
When Billie Mintz discovers he lost his life savings as a victim of a Ponzi Scheme, he decides to take matters into his own hands. Hiring a Private Investigator in the town where the scheme was "allegedly" set up, Billie and his film crew go on a road trip to NY to track down the man who stole over 200 million dollars. Juxtaposed against the stories of victims who lost their homes and life savings throughout North America, The Ponzi Scheme will educate the public about how the biggest scheme in North America works in defrauding people of millions. (Continue Reading)