English, asked by mahiomi555, 4 months ago

There is no credit in earning money illegally.(here earning is gerund or participle?) ​

Answers

Answered by Pixleriots
2

Answer:

Explanation: 1. Get rich with an illegal ponzi scheme.

The classic Ponzi scheme is one of the oldest tricks in the book. But that hasn’t stopped it from being widely successful throughout history!

With a Ponzi scheme, you promise investors out-sized returns. But instead of actually earning those returns, you just pay out profits using funds from newer investors.

While investors think the returns are from incredible product sales, your brilliant investing decisions, or some other means, the perpetrator of the Ponzi Scheme is literally just robbing Peter to pay Paul.

The scheme was named after the conman Charles Ponzi, who in the 1920s, promised U.S. investors a 50% profit within 45 days by investing in postage stamps. (Or for the patient, a 100% profit in 90 days!)

His scheme was so wildly successful that he even got a front page feature on The Boston Globe, resulting in thousands of new investors lining up outside his office, ready to give Ponzi their money.

shut up and take my money

At its peak, Ponzi’s scheme was earning him over $250,000 a day (about $3 million in today’s dollars) and Charles Ponzi lived a lifestyle of big mansions, fancy cars, and first-class ocean liner tickets.

However, there’s just one problem with Ponzi schemes – they’re pretty much doomed to failure.

Answered by porineel291
0

Answer: Gerund

Explanation: prepostion + verb+ing=gerund

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