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What is a financial pyramid?
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A pyramid scheme is a type of illegal activity...
A pyramid scheme is a type of illegal activity...
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A financial pyramid is an investment scheme that involves collecting money from new investors in order to pay profits to earlier participants. It is an illegal form of activity that is prohibited in most countries due to its characteristic features, such as a lack of real source of profits and the risk of losing money for the majority of participants. Financial pyramids often lead to huge financial losses for individuals involved in dishonest investment schemes.
A financial pyramid is an investment scheme that involves collecting money from new investors in order to pay profits to earlier participants. It is an illegal form of activity that is prohibited in most countries due to its characteristic features, such as a lack of real source of profits and the risk of losing money for the majority of participants. Financial pyramids often lead to huge financial losses for individuals involved in dishonest investment schemes.
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