How to spot a pyramid scheme

Title: How to spot a pyramid scheme
Overview: | 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 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 Bosley explains what a pyramid scheme is and how to spot one.
Runtime: 0 h 05 min
Genres: Pyramid scheme
Actors: Food industry
Country: United Kingdom
Release Date: 2 April 2019
Production: TED-ed; Official Website

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