Fraudulent scheme in which, under the pretense of generated profits, previous investors are served with the money from the deposits of newly acquired investors (a manoeuvre intended to defraud investors in which no new wealth is created and creditors are paid off by borrowing ever larger amounts from new investors). – See secret tip, Madoff system, pyramid.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/