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A Pyramid Scheme is a money-making strategy. Its formation looks like a pyramid structure. First, the investors keep promoting the business and recruiting new investors in bulk.
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Albert Stark
Wiki User
∙ 12y agoa pyramid scheme is used to scam people out of money. if you are at the top of the pyramid you will earn the most money and the lowest spots on the pyramid will earn the lowest, but everyone can end up in jail because it is illegal.
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What are sealing blocks used for in a pyramid?
The sealing blocks on the Great pyramid were made from Granite
What was the Grand Gallery used for in the pyramid?
It was used for the hallway to the King's Chamber.
Who was the creator of the step pyramid?
The first step pyramid was thought to be built in Egypt by Imhotep. It was said to be used as a burial site for the Pharaoh Djoser.
Facts about energy pyramid?
Energy pyramids start with a producer at the bottom . Then it has the consumers at the top.
What is the pointey pyramid called?
the pointy pyramid is just that a pyramid
What is eadgear.com. Is it a pyramid scheme?
Yes. It is pyramid scheme.
How do you pyramid in a sentence?
The Egyptians built the pyramids. A pyramid scheme is a financial scam. The boy used blocks to build a pyramid shape.
What is the pyramid with people called?
A Pyramid Scheme
What do you call a form of fraud where previous investors' money is used to pay out later investors?
A Ponzi Scheme Or a Pyramid scheme.
Is ei42 a scam?
no. I've used Ei42, it's a pyramid scheme, and totally free.
Is momentis a pyramid scheme?
yes
What is a money-making ramp?
Pyramid scheme
What happens to investors who have gained in pyramid scheme?
Those people who invested in a pyramid scheme and got out successfully before it crashed got lucky. That's all. The goal of the starter of the pyramid scheme is for those who get paid will re-invest their earnings hoping for the earnings to compound. This will keep the pyramid alive longer.
Would any Company being a member of the Direct Selling Association be considered a pyramid scheme?
It should be regarded as most likely to be an MLM or pyramid scheme.
Is Lia Sophia jewelry a pyramid scheme?
Yes it is.
Is financial destination inc a pyramid scheme?
Yes!
What is the cash gifting program?
A cash gifting program is like a pyramid scheme. A pyramid scheme is a business model that promises participants payment for enrolling other people in the business.
