This clue appeared in the NYT Crossword on Thursday, January 8, 2026 (18 Across). The answer is hidden below until you want it. Thursday puzzles often have a trick, such as a rebus (several letters in one square) or answers that bend the rules.
Answer length: 5 squares
First letter
P _ _ _ _
First and last letters
P _ _ _ I
Show the answer
About the answer
PONZI as a word: A Ponzi scheme; (finance) Pertaining to a scheme whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the inves....
PONZI has been an answer once in the NYT Crossword and Mini puzzles we have on file, which go back to October 23, 2025.
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