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Quatloos is a term used to describe a type of fraudulent investment scheme or scam. It is often associated with schemes that promise high returns with little to no risk, and typically involves the solicitation of money from victims who are then promised large profits in return. The term "quatloos" is believed to have originated from a fictional currency used in the television show Star Trek, and has since been adopted to describe various types of financial fraud. Quatloos schemes can take many forms, including Ponzi schemes, pyramid schemes, and other types of investment fraud. The term is often used in the context of warning investors about potential scams and fraudulent activities in the financial industry.