Pyramid scheme
Topic
A pyramid scheme is a fraudulent business model in which participants earn money primarily by recruiting new members rather than by selling products or services. As recruiting multiplies, the structure becomes unsustainable, inevitably leading to financial losses for the vast majority of participants.
What experts have said about Pyramid scheme
1 statement · 1 negative
Pyramid schemes pay participants through money from recruited members.
“the more people you get to join up to this, they put in money, the more money you get out.”
Open the episode · #2552 - Ehsan Ahmad & Deric PostonListen at 15:42
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
