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City of Palmer, Alaska


Ponzi or pyramid schemes are investment scams in which investors are promised abnormally high profits on their investments. No investment is actually made. Early investors are paid returns with the investment money received from the later investors. The system usually collapses. The later investors do not receive dividends and lose their initial investment.

231 W. Evergreen Avenue Palmer, AK 99645 907-745-3271 Fax: 907-745-0930