Question

method used to convince people to invest in phony investments or other swindles. * 2 points
choose
bait and switch
fake sales
low - balling
bundling
pyramid schemes
ponzi scheme
subliminal advertising
pigeon drop
price fixing
monopoly

Explanation:

A Ponzi Scheme is a fraudulent investment operation where returns to earlier investors are paid from funds contributed by new investors, rather than from profit earned by the operator. It is a common method used to convince people to invest in phony investments.

Answer:

Ponzi Scheme