Pyramid scheme
The Multilevel Marketing Cults: Lies, Pyramid Schemes, and the Pursuit of Financial Freedom
| James Jani | These companies follow a Multi-Level Marketing model, that means they often do not sell their products/services via retailers, but through a workforce of people sometimes called their “distributors”. This strategy is also often labelled as Network…
How to spot a pyramid scheme
| TED-Ed |Learn the techniques and tricks that pyramid schemes use to recruit new members and how to avoid being fooled yourself. In 2004, a nutrition company offered a life-changing opportunity to earn a full-time income for part-time work. There…
- 2019
- Pyramid scheme
Is Crowd1 running a pyramid scheme? – How does a pyramid scheme work?
| BBC | Crowd1 presents itself as a high-tech crowd marketing business. It promises significant returns to its members. To start making money with Crowd1, a person needs to buy an ‘education package’ directly from the company. So is Crowd1…
- 2020
- Pyramid scheme
Unmasking the Pyramid Kings: Crowd1 scam targets
| BBC | The best scams always come in disguise. And Crowd1 is the most audacious scam we’ve ever seen. It looks like a high-tech marketing business that’s making a ton of money for people across Africa. All you need…
- 2020
- Pyramid scheme