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DEFINE PYRAMID SCHEMES

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Pyramid Schemes . In the classic " pyramid" scheme , participants attempt to make money solely by recruiting new participants into the program. The hallmark of these ... Also called pyramid scheme . a scheme that pyramids, as in speculating on the stock exchange or writing a chain letter. A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the ... The definition of a pyramid is a structure with a square base and four sloping triangular sides that meet at one point, or a financial strategy where additional ... Pyramid Scheme . Ponzi Scheme . Typical "hook" Earn high profits by making one payment and finding others to become distributors of a product. The scheme typically … pyramid - definition , meaning, audio pronunciation, synonyms and more. What is pyramid ? a solid object with a square base and four triangular sides that form a point ... Full Definition of SCHEME . 1. a archaic (1): a mathematical or astronomical diagram (2): a representation of the astrological aspects of the planets at a particular time
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