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A pyramid scheme is a illegal investment scam based on hiererchical setup.
A pyramid scheme does not involve the selling of products.rather,it relies on the constant inflow of money from additional investors that works its way to the top of the pyramid.
An pramid scheme have cost many hard earning saving.the concept behind them is simple however often presented to investor in as distiguish form.it is an important not only familiar how to pramid scheme work.
A pyramid scheme is an illegal investment scam based on a hierarchical setup .New recruits make up the base of the pyramid and provide the funding ,or so called above them receive .A pyramid scheme does not involve the selling of products.
Pyramid schemes is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services.
Pyramid schemes are not only illegal, they are a waste of time and money. Because pyramid scheme rely on requirement of new members to bring in money the schemes often collapse when the pool of potential recruits dries up. When the plan collapses, most people, expect the few at the top of the pyramid lose their money.
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