pyramid scheme (n)

n05908000

type n
lex_filenum 09
def 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
def 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
Outgoing links
Hypernym scheme, strategy
Incoming links
Hyponym scheme, strategy

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