pyramid scheme

A fraudulent business model, illegal in most places, in which participants are paid to recruit more participants, rather than commissions on sales. Frequently passed off as Multi-Level Marketing by incorporating sales of an unmarketable product or service into the scheme. In such cases, participants are usually required to maintain a monthly purchase quota to qualify for payments.
On this page, you will find 30 slang terms related to pyramid scheme. Some of the top words include: Cheat, assrape, jaked, ripoff, gank, and 25 more.