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Pyramid scheme |
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Pyramid schemeAn investment scheme which relies on recruiting an ever-growing number of new entrants to pay off its earlier members.By definition, pyramid schemes must eventually collapse because there comes a point where new recruits cannot be found.Pyramid schemeAn illegal, fraudulent scheme in which a con artist convinces victims to invest by promising an extraordinary return but instead simply uses newly invested funds to pay off any investors who insist on terminating their investment.Pyramid scheme Similar MatchesPyramidingPyramidingThe use of profits on existing futures positions as margin to increase the size of the position. Regulatory PyramidRegulatory PyramidA network of safeguards that surrounds the US securities industry - from individual brokerages all the way up to the US Congress. |
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