NYT *Viable Investment Plans (12) Crossword Clue Puzzle Answer from August 01, 2024
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Updated Aug 01, 2024
*Viable Investment Plans (12) NYT Crossword Clue Answer
Let’s find the answers to *Viable Investment Plans (12) NYT for the August 01, 2024 edition of NYT crossword puzzle. Answer Contains 12 letters. Start with P and end with S, and the possible solutions are PHAGOCYTIZES, POLYMORPHOUS, PONZISCHEMES.
The answer is PONZISCHEMES.
The crossword clue "*Viable investment plans" with the answer "PONZISCHEMES" refers to a type of fraudulent investment scheme that falsely promises high returns with little risk. Despite the clue suggesting "viable," Ponzi schemes are actually deceitful and unsustainable. Named after Charles Ponzi, these schemes work by using funds from new investors to pay returns to earlier investors, rather than generating legitimate profits.
As more investors join, the scheme eventually collapses when there aren't enough new investors to cover the promised returns. Thus, the clue "*Viable investment plans" ironically points to "PONZISCHEMES," highlighting their deceptive nature rather than genuine investment viability.
This clue last seen in NYT Crossword Puzzle on August 01, 2024. You can also get all other NYT's Crossword clues hints and answers here.
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