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Pyramid scheme
(redirected from Pyramid schemes)

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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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Click here now for more information from the Federal Trade Commission about pyramid schemes.
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Pyramid schemes simply don''t work because they rely on peoples'' willingness to join.
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Pyramid schemes are one of the commonest types of investment frauds.
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