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Pyramid scheme in a sentence

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Sentence count:11Posted:2018-01-25Updated:2020-07-24
Similar words: pyramids of egyptpyramidfood pyramidschemeschemercolor schemeincentive schemeschematic diagramMeaning: n. a fraudulent scheme in which people are recruited to make payments to the person who recruited them while expecting to receive payments from the persons they recruit; when the number of new recruits fails to sustain the hierarchical payment structure the scheme collapses with most of the participants losing the money they put in. 
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(1) And when pyramid schemes began to appear in the last few years, nearly everyone caught the bug.
(2) A pyramid scheme creates the illusion of financial success by paying off early investors with funds provided by later investors.
(3) This pyramid scheme was so successful that some counselors were earning more than $ 150, 000 a month.
(4) A Multilevel Marketing Organization is not a pyramid scheme.
(5) Business Opportunity or Pyramid Scheme?
(6) Walter: in a pyramid scheme. Don't mention the IRS or the federal business system.
(7) Alimucaj, who has denied that his company is a pyramid scheme(sentencedict.com), declined to be interviewed.
(8) We are not a get - rich - quick matrix or pyramid scheme.
(9) This is why another term for a Ponzi or pyramid scheme is a confidence trick.
(10) For now, new investors hoping to strike it rich are propping up stocks like some huge, multi-million-person pyramid scheme.
(11) We are not a get - rich - quick, MLM, matrix or pyramid scheme.
More similar words: pyramids of egyptpyramidfood pyramidschemeschemercolor schemeincentive schemeschematic diagramamidstin the midstin the midst ofdemand schedulebehind scheduleschemaschemataischemicischemiaschemingschematicschematizedeutsche markschematicallycache memoryaccouchementrapprochementchemical elementmidsttransient ischemic attackpyracanthamidship
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