bn:00065406n
Noun Concept
Categories: Confidence tricks, Pyramid and Ponzi schemes, Types of marketing, Articles with short description, Business models
EN
pyramid scheme  Cash Gifting  1-up system  2x2 forced matrix  Abundant living system
EN
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 scheme collapses with most of the participants losing the money they put in WordNet 3.0
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EN
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 scheme collapses with most of the participants losing the money they put in WordNet 3.0 & Open English WordNet
A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. Wikipedia
Type of unsustainable business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying genuine investments or products Wikidata
A non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, without any product or service being delivered. OmegaWiki