Pyramid Scheme Love Machine 14 years ago Pyramid SchemeA type of fraud involving promise of great returns to lure investors into some investment. The actual payments of new investors are paid out to existing investors, creating a sense of profits.Recommended for you:Texas Man Charged in First Ever Bitcoin Ponzi SchemeNouriel Roubini: Bitcoin is a ‘ponzi scheme’ and ‘lousy’ store of valueNew court documents expose Apple and Google illegal wage fixing schemeU.S. Economy Transforming Into a Ponzi Scheme
