Which of the following is a variation of fraudulent MLMs,in which an organization sells illusionary products and profits,instead of real products?
A)ponzi scheme
B)foreign advance scheme
C)identity theft scheme
D)shoulder surfing scheme

Question

Quizplus · Accepted Answer

A ponzi scheme is a type of fraudulent MLM where an organization sells illusionary products and profits instead of real products. This scheme involves recruiting new members to invest in the company and using their money to pay off earlier investors, rather than generating profits through legitimate sales. Eventually, the scheme will collapse as there are not enough new investors to pay off earlier ones, resulting in significant financial losses for those involved.

Which of the Following Is a Variation of Fraudulent MLMs,in