Pyramid Scheme Love Machine 16 years ago 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. Recommended for you: Texas Man Charged in First Ever Bitcoin Ponzi Scheme Nouriel Roubini: Bitcoin is a ‘ponzi scheme’ and ‘lousy’ store of value New court documents expose Apple and Google illegal wage fixing scheme U.S. Economy Transforming Into a Ponzi Scheme
