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Pyramid scheme

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Pyramid scheme
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.


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Private cash gifting, in any of its forms, is an illegal ponzi or pyramid scheme.
In the absence of any evidence from Solihull Press to the contrary, we concluded that the ads were very likely to be for a pyramid scheme and, if that was the case, they should not have been advertised at all.
So, when a friend of mine told me of a pyramid scheme she was joining, naturally I listened.
 
 
 
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