Translation for 'ponzi scheme' from English to Bulgarian

ponzi scheme {noun}

финансова пирамида {ж}фин.

• In 2009, Minkow issued a report accusing major homebuilder Lennar of massive fraud, claiming that irregularities in the company's off-balance-sheet debt accounting were evidence of a massive Ponzi scheme.
• The pair lost part of their savings in the Ponzi scheme of infamous swindler Bernie Madoff.
• His attempts to raise money for this venture became instead the fraudulent Ponzi scheme.
• Also in 2013, Brent Cassity and his father, James Douglas Cassity, admitted guilt in a $600 million Ponzi scheme involving their control of National Prearranged Services, Inc.
• Starr, whose Ponzi scheme lured her into "investing" millions of dollars with him, which she lost.

• Norman Hsu, the Hong Kong-born convicted criminal (Ponzi scheme scam artist) and political activist, is a former resident of Foster City.
• In December, it was announced that two of Tremont Group's Rye Select funds, audited by KPMG, had $2.37 billion invested with the Madoff "Ponzi scheme". Class action suits were filed.
• It would remain the largest accounting fraud ever uncovered until the exposure of Bernard Madoff's giant Ponzi scheme in 2008.
• In response, she called Social Security a "Ponzi scheme".
• Full Tilt was accused by the DoJ of acting as a Ponzi scheme and scamming players out of $300 million.

• After Voyager Digital, a cryptocurrency lender, filed for Chapter 11 bankruptcy protection in July 2022, Cuban and the Dallas Mavericks were named in a class-action lawsuit that alleged that Voyager Digital was a Ponzi scheme the following month due to Cuban's promotion of Voyager and Voyager's sponsorship with the team.
• In 2012, Mets owners Fred Wilpon and Saul Katz settled a lawsuit brought against them on behalf of the victims of Bernard Madoff's Ponzi scheme for $162 million.
• A Ponzi scheme ([...] , [...]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.