Pyramid Scheme (noun) Definition, Meaning & Examples

noun
  1. any moneymaking scheme, usually illicit, in which each participating investor recruits others and then collects from what those invest, so that an ever-increasing number of participants generate more and more profit for those who recruited them:She invited me to talk about a new "business opportunity," and ended up trying aggressively to hook me into a pyramid scheme.
Pyramid Scheme (noun) Definition, Meaning & Examples

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