Ponce - is to live off a prostitute's earnings.
PONZI is of course what I was attempting to spell...
By bad, strangely enough I gotta believe everybody here with the exception of you knew exactly what I meant.
Thanks for being the editor in chief. It takes someone with anal fortitude to do the swell job you do.
Thanks Magoo.
Again by bad.
Now you can explain how your intended word relates to the topic.