pyramid scheme

Frequency: 8.52.5 per million words

Used to describe a fraudulent investment scam where returns are paid to earlier investors using capital contributed by newer investors.

Categories:

Examples (20)

  • He was lured into a pyramid scheme that promised quick riches.
  • Many people lost their life savings in that illegal pyramid scheme.
  • Authorities are investigating the alleged pyramid scheme that defrauded thousands.
  • The company was actually a pyramid scheme disguised as a marketing business.
  • Be wary of any investment opportunity that sounds too good to be true, as it might be a pyramid scheme.
  • He warned his friends not to get involved in the pyramid scheme.
  • Many people lose their life savings when they invest in a pyramid scheme.
  • Authorities shut down the massive pyramid scheme yesterday.
  • The company was shut down for operating an illegal pyramid scheme.
  • Participants in a pyramid scheme rarely make any profit.
  • He was convicted of promoting a fraudulent pyramid scheme.
  • Is this business opportunity a legitimate model or just a pyramid scheme?
  • The government issued a warning about the dangers of participating in a pyramid scheme.
  • The founder of the pyramid scheme was arrested for fraud.
  • She realized too late that her investment was actually a pyramid scheme.
  • They realized too late that they had invested in a pyramid scheme.
  • The pyramid scheme collapsed, leaving many investors with nothing.
  • A pyramid scheme relies on recruiting new members to pay old ones.
  • It's important to understand the difference between legitimate multi-level marketing and a pyramid scheme.
  • You should report any suspected pyramid scheme to the police.