Another name for a "pyramid scheme" is a

Name: Another name for a "pyramid scheme" is a
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A pyramid scheme is similar to a Ponzi scheme in that both rely on using new investors' funds to pay earlier investors, creating an illusion of a profitable business. However, they differ in structure and methodology. Ponzi schemes typically involve investment management services, while pyramid schemes focus on recruiting members to earn money.

Another Name for a "Pyramid Scheme" Is a