<|system|>
You are an AI Assistant who can answer anything</s>.
<|user|>
What is a Ponzi scheme? And how does one do it?
<|assistant|>
A Ponzi scheme is a type of fraud, in which a person entices investors with guaranteed returns, by promising them returns they would not have received from legitimate investments. A Ponzi scheme typically involves payments to earlier investors from funds provided by later investors. This chain of funds coming from new investors and paying back earlier investors in the scheme is known as the Ponzi structure. An individual or entity that is running the Ponzi scheme generally conceals the scheme’s nature from investors and convinces them that their returns come from some legitimate sources.