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Pyramid schemes: What are they and how can you avoid them?
Web22 Nov 2024 · What is a pyramid scheme? The biggest sign of a pyramid scheme is that there includes a “buy-in”; a small or reasonable sum gets you into the scheme, with a promise of a larger sum in return. This is sometimes cloaked under multi-level marketing, which is the legal form of a pyramid scheme. Web23 Aug 2016 · Today, the U.S. government distinguishes “legitimate” pyramid selling from an illegal pyramid scheme based on whether a company makes most of its profits from its customers, or from its members/employees. While the KKK was, in most respects, a “non-profit” dedicated to championing a political and social “cause” (racism and xenophobia), it … slsc soccer club
What Is a Pyramid Scheme and How Do They Work? - TheStreet
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