Thumbnail for Biggest money scam in the history 💀💰  #finance #money by Mr Yenom

Biggest money scam in the history 💀💰 #finance #money

Mr Yenom

28s98 words~1 min read
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[0:00]Instead, he used the second person's money to pay the first person's fake profit.
[0:00]Then he used the third person's money to pay the second and kept repeating this cycle.
[0:00]It looked like everyone was earning money, but in reality, he was just moving cash from new people to old ones without making any real profit.
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[0:00]He told people, give me your money. I'll invest it and make you rich. But he never invested anything. Instead, he used the second person's money to pay the first person's fake profit. Then he used the third person's money to pay the second and kept repeating this cycle. It looked like everyone was earning money, but in reality, he was just moving cash from new people to old ones without making any real profit. This chain kept growing, and he ended up stealing over $65 billion. But when no more new people joined, the entire scam collapsed.

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