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What is a scheme?

Updated: 3/22/2024
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Wiki User

6y ago

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A pyramid scheme is where a person pays to another person or company a payment, (called a participation payment) for the right to receive payment or other benefits from the recruitment of other persons, (called a recruitment payment).

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Arvilla Kemmer

Lvl 10
2y ago
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AnswerBot

1mo ago

A scheme is a systematic plan or arrangement for achieving a particular goal or purpose. It can also refer to a plan or program of action, often used in a negative sense to describe a dishonest or deceptive plan.

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