The faculty member believe this was a Ponzi-type scheme because it states that there is Higher Rate of Return if one has a higher return on investment and that it is about 44 % and even more in 12 days, if one invest.
<h3>What is a Ponzi Scheme?</h3>
A Ponzi scheme is known to be a form of an investment fraud that is said to pay their existing investors using funds obtained from other new investors.
Note that in the passage, It tells that a person could invest $6 to $6,000 and gets about 44 percent return in 12 days an this made the faculty member believe that it was a Ponzi-type scheme
Learn more about Ponzi-type scheme from
brainly.com/question/13471916
#SPJ1
Answer:
hello you noob bsdk har mahadev ka hai to thoda aur bta bro and then give us an Indian I am not sure if you have to leave clan of
can u look at my last question i needa postttttttt
ALSO HI BAE
The environment is good but kind bad because trees is on fire ice in Antarctica is melting so it’s kinda bad
