pyramid scheme

A Pyramid Scheme is A business model that recruits people with the promise of monthly payment and a high salary for enrolling more people into the scheme as well rather then supplying investments and sale of products or services. 

 It is very easy to get scammed by such things on the internet, the people recruiting you will ask you to pay your own money into the business and in return, get a higher income from the company. 

 The pyramid scheme is highly illegal. So if you or someone you know is involved, warn them.

 THINGS TO LOOK OUT FOR:

  • Your income is mainly based on the number of people you recruit, and the money those new recruits pay to join the company (not on the sales of products to consumers).
  • you are required to buy lots of inventory
  • You are forced to buy things without needing or wanting them just to stay within the standing of the company 

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