Skeptic's Dictionary: Pyramid Schemes, Chain Letters and Ponzi Schemes
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Description: Defines these fraudulent systems of making money which require an endless stream of recruits for success.
pyramid scheme - The Skeptic's Dictionary - Skepdic.com A pyramid scheme is a fraudulent system of making money which requires an endless stream of recruits for success. Recruits (a) give money to recruiters and (b) enlist fresh recruits to give them money.
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| Page title: | pyramid scheme - The Skeptic's Dictionary - Skepdic.com |
| Keywords: | |
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| IP-address: | 68.180.151.75 |
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| NS | Name Server: NS8.SAN.YAHOO.COM Name Server: NS9.SAN.YAHOO.COM |
| WHOIS | Status: clientDeleteProhibited Status: clientRenewProhibited Status: clientTransferProhibited Status: clientUpdateProhibited |
| Date | Creation Date: 31-aug-1998 Expiration Date: 30-aug-2019 |