What type of coupons did Ponzi's scheme involve?
Grocery coupons
Postal reply coupons
Cinema coupons
Food stamps
Answer
The Ponzi scheme involved the fraudulent use of postal reply coupons, which are international postage vouchers that can be exchanged for stamps in the country of destination. Ponzi promised investors high returns by claiming to use these coupons to engage in international arbitrage, but in reality, he simply used new investors' money to pay off earlier investors, leading to the ultimate collapse of the scheme.
Ponzi Scheme Prodigy: The Charles Ponzi Quiz
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