Not by anyone with any sense, no. Even if you don't believe or agree with the premise, it's clearly not a Ponzi scheme. Some flavors of the "prosperity gospel" might sort of graze the edges of being a Ponzi scheme, but a) they aren't quite the same thing and b) most Christians repudiate those also.
There is a passage in The Bible where it says basically "stop cheating God; bring in your whole tithe and just seeif God doesn't return it manyfold."
We can't lay the blame for this on "Christianity", though, since the passage is in Malachi ... about 400 years before Christianity even existed.
Caritas - Ponzi scheme - ended in 1994.
Caritas - Ponzi scheme - was created in 1992.
The Ponzi Scheme was created on 1998-03-31.
If you were an investor in Madoff's ponzi scheme, you lost money.
The Agape scandal was the fact that they were defrauding people with the Ponzi scheme.
The Ponzi Scheme/ Pyramid Scheme Created by Charles Ponzi
ponzi
You can joke it is like a Ponzi scheme as far as money from one investor is used to "pay" another and so on....
The definition of a ponzi scheme is that ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from profits earned by the individual or organization running the operation.
It is never ok to take part in a ponzi scheme. It is not honest or legal.
The only word I could think of that rhymes with "fonzie" is ponzi (like in a ponzi scheme).
Madoff is best known for pulling of a ponzi scheme that is considered one of the biggest frauds in the history of the United States.