Home > Blossary: The Biggest Lies in History
It is important not to repeat the mistakes of the past. For a better understanding of the past, a comprehensive study of the history is necessary. This glossary contains the most famous lies.

Category: History

5 Terms

Created by: anton.chausovskyy

Number of Blossarys: 25

My Terms
Collected Terms

This classic lie is named after the notorious Charles Ponzi. It works like this: A schemer promises investors great returns, but instead of investing the money, he keeps some for himself and uses the funds from new investments to pay off earlier investors. Bernie Madoff admitted that his investment firm was "just one big lie".

Domain: General; Category: 

Esta mentira clásica se llama el famoso Charles Ponzi. Funciona así: una intrigante promete inversionistas grandes ganancias, pero en lugar de invertir el dinero, él guarda algo para sí mismo y utiliza los fondos provenientes de las nuevas inversiones para pagar a los inversores anteriores. Bernie Madoff admitió que su firma de inversiones era "una gran mentira".

Domain: General; Category: 

Member comments


( You can type up to 200 characters )

Post  
My other Blossarys

Born in North Carolina in 1983, Edward Snowden ...

Category: Politics

By: anton.chausovskyy

As one of the most important currencies in the ...

Category: Business

By: anton.chausovskyy

These books are the perfect choice for people who ...

Category: Arts

By: anton.chausovskyy

I create this glossary for the purpose of warning ...

Category: Arts

By: anton.chausovskyy


© 2024 CSOFT International, Ltd.