Weekly Word

** Stephen A. Brown, Marketplace Ministries, inc.

Ponzi schemes refer to Charles Ponzi, who in the 1920’s devised an investment plan that promised high rates of return. Ponzi used funds from new investors to pay existing investors; not money earned from investments. When the scam was exposed, newer investors lost their funds. Ponzi schemes continue today to the ruin of its victims who had complete faith in the conman. Ephesians 4:5, “one Lord, one faith.” Satan is the greatest of all conmen, promising pleasure which leaves one in pain. Don’t be conned.