PYRAMIDSCHEME

Pyramid scheme

A pyramid scheme is an unsustainable business model that involves promising participants payment or services, primarily for enrolling other people into the scheme, rather than supplying any real investment or sale of products or services to the public.

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pyramid scheme

Noun

  1. An illicit money-making investment scheme whereby early investors are paid primarily or wholly by later investors. Eventually all such schemes fail to the detriment of recent (later) investors.


The above text is a snippet from Wiktionary: pyramid scheme
and as such is available under the Creative Commons Attribution/Share-Alike License.

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