1) Certain scam 2) Common scam 3) Confidence trick 4) Multilevel investment swindle 5) Plans for an ancient tomb 6) Type of marketing 7) Unsustainable swindle
Found on
https://www.crosswordclues.com/clue/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. Various forms of pyramid schemes are illegal in many countries including Albania, Australia, Aus...
Found on
http://en.wikipedia.org/wiki/Pyramid_scheme
.
more on Pyramid schemeFound on
http://moneyterms.co.uk/p/
An illegal, fraudulent scheme in which a con artist convinces victims to invest by promising an extraordinary return but instead simply uses newly invested funds to pay off any investors who insist on terminating their investment.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosp.htm
An illegal, fraudulent scheme in which a con artist contrives victims to invest by promising an extraordinary return but simply uses newly invested funds to pay off any investors who insist on terminating their investment.
Found on
http://www.encyclo.co.uk/local/20047
An illegal, fraudulent scheme in which a con artist convinces victims to invest by promising an extr
Found on
http://www.encyclo.co.uk/local/22402
Illegal in several countries, a scheme in which people are paid for recruiting others who pay a fee, part of which goes to the person who recruited them as a commission. In order to get their payment the recruits then have to find new recruits to pay a fee. This goes on until there is no one left to recruit and the people who come into the scheme l...
Found on
http://www.encyclo.co.uk/local/22643
An investment scheme which relies on recruiting an ever-growing number of new entrants to pay off... <a target=_blank href='http://www.finance-glossary.com/terms/pyramid-scheme.htm?id=1946&ginPtrCode=00000&PopupMode=false' title='Read full definition of pyramid scheme'>more</a>
Found on
http://www.finance-glossary.com/pages/home.htm
A crooked investment arrangement by which investors, lured by the promise of outsized returns, are paid from money contributed by new investors, not from the profits earned by their investments. (See also: Ponzi scheme)
Found on
http://www.nolo.com/dictionary/pyramid-scheme-term.html
noun a fraudulent scheme in which people are recruited to make payments to the person who recruited them while expecting to receive payments from the persons they recruit; when the number of new recruits fails to sustain the hierarchical payment structure the ...
Found on
https://www.encyclo.co.uk/local/20974
pyramid (def. 8).
Found on
https://www.infoplease.com/dictionary/pyramid-scheme
No exact match found.
