Ponzi Scheme (financial pyramid) in the IT world

The article titled 'How to Run a Tech Ponzi Scheme' presents warnings about unethical practices in the tech industry. The author starts by defining a Ponzi scheme as a scam that attracts investors with promises of high returns, which actually come from the funds of new investors rather than real profits. The text elaborates on how some individuals exploit lucrative tech ideas to turn them into illegal schemes, which can have disastrous consequences for both investors and the many people employed in these projects. Included are examples of well-known scandals that have occurred and warnings on how to recognize such schemes to avoid falling victim to fraud. The article concludes with advice on how to protect oneself and others from getting entangled in these dangerous practices, emphasizing caution and thorough research before investing in any tech venture.