How to spot a pyramid scheme
4:49
TEDStacie Bosley
How to spot a pyramid scheme
In 2004, a nutrition company offered a life-changing opportunity to earn a full-time income for part-time work. There were only two steps to get started: purchase a $500 kit and recruit two more members. By 2013, the company was making $200 million. There was just one problem -- the vast majority of members earned less than they paid in. Stacie ...
6.5M viewsApr 2, 2019
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Microsoft News1 month ago
What’s the difference between a Ponzi and a pyramid scheme? Sam explains how they work and why they’re so dangerous, especially when friends and family get involved. Watch the full episode of Jess learns to invest, all about scams: https://loom.ly/Vd42wk8 #FMA #scams #podcast #scamsafety #investmentscams #investing #Ponzi scheme #Pyramidscheme | Financial Markets Authority NZ | Facebook
What’s the difference between a Ponzi and a pyramid scheme? Sam explains how they work and why they’re so dangerous, especially when friends and family get involved. Watch the full episode of Jess learns to invest, all about scams: https://loom.ly/Vd42wk8 #FMA #scams #podcast #scamsafety #investmentscams #investing #Ponzi scheme #Pyramidscheme | Financial Markets Authority NZ | Facebook
Facebook2 weeks ago
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