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A Ponzi scheme ( / ˈpɒnzi /, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. [1] Named after Italian businessman Charles Ponzi, this type of scheme misleads investors by either falsely suggesting that profits are derived from legitimate business ...
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Lewis, who unveiled the main contours of his revival plan last month, disclosed to staffers that the newspaper lost $77 million last year and 50% of its audience since 2020.
The U.S. military called on Iraq's government on Tuesday to take steps to safeguard American troops in both Iraq and Syria after failed attacks a day earlier by Iran-aligned militia. With U.S ...
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A smartphone displaying the homepage of the English Wikipedia. A smartphone (often simply called a phone) is a mobile device that combines the functionality of a traditional mobile phone with advanced computing capabilities. It typically has a touchscreen interface, allowing users to access a wide range of applications and services, such as web ...
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