You are here: Home / Glossary / p / Pyramid Scheme

Pyramid Scheme

Pyramid Scheme
A type of fraud involving promise of great returns to lure investors into some investment. The actual payments of new investors are paid out to existing investors, creating a sense of profits.

Related posts:

  1. Housing Market Heading Up but Who is Buying?
  2. Prospectus
Author: Filed Under: p Tagged With: ,

Leave a Comment