pyramid selling


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Related to pyramid selling: pyramid scheme, Multi Level Marketing

pyramid selling

a form of MULTI-LEVEL MARKETING which involves a ‘pyramid’ of sales persons who recruit other people thus creating an expanding chain of sales persons.
References in periodicals archive ?
He's now likely to be jailed for masterminding the biggest pyramid selling scam since the Pharaohs.
A GDP that must forever increase, similar to pyramid selling, is unsustainable and raises the question of whether it is a sensible measure of economic success.
EMPLOYEES of a council that is probing a pyramid selling epidemic have themselves been paying pounds 3,000 to join it.
Of course, most businesses would dismiss blacklisted practices such as pyramid selling.
Girlfriend Nicki (Nicola Reynolds) and baby Sanjeev move in to take care of him, while his mother Sheila (Beatrice Kelley) becomes involved in a dangerous pyramid selling scheme.
PYRAMID SELLING POINT: There will be Some Enchanted Evening in South Pacific (above) at the Civic; Sal Jaffe is The Elephant Man in the Town Hall Crypt
Whether naive or just living in iron-clad denial, protag is desperate enough to sign away $20,000 for a shot at managerial greatness via a pyramid selling scheme for an "embargoed" product called Wellness.
The large margin between production cost and consumer price (3 US cents to 45-65 US cents in 2000), and ever-extending networks of pyramid selling, pushed the distribution down into every street and school.
Everyone thinks it is an easy way t o make money by buying property and renting it out, but it is something like pyramid selling - there are just far too many people on the merry-go-round.
Nearly two-thirds (64%) of the 11,000 interviewees had heard of pyramid selling or chain letters, while 56% were aware of holiday-club cons.
The Sink offers a lively anecdotal guide to the laundry business and its related scams extending from cable piracy to internet casinos, pyramid selling, telemarketing fraud, disguised loans, kickbacks, false end-user certificates to something called death-spiralling, a scheme devised to run a company's share price into the ground while hard selling the stock to 'mug' punters.
PYRAMID selling scams which result in thousands of women losing their savings are to be banned.