pyramid selling


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Related to pyramid selling: pyramid scheme, Multi Level Marketing

pyramid selling

a practice adopted by some manufacturers of advertising for distributors and selling them batches of goods. The first distributors then advertise for more distributors who are sold subdivisions of the original batches at an increased price. This process continues until the final distributors are left with a stock that is unsaleable except at a loss
References in periodicals archive ?
He's now likely to be jailed for masterminding the biggest pyramid selling scam since the Pharaohs.
EMPLOYEES of a council that is probing a pyramid selling epidemic have themselves been paying pounds 3,000 to join it.
Of course, most businesses would dismiss blacklisted practices such as pyramid selling.
Girlfriend Nicki (Nicola Reynolds) and baby Sanjeev move in to take care of him, while his mother Sheila (Beatrice Kelley) becomes involved in a dangerous pyramid selling scheme.
PYRAMID SELLING POINT: There will be Some Enchanted Evening in South Pacific (above) at the Civic; Sal Jaffe is The Elephant Man in the Town Hall Crypt
Everyone thinks it is an easy way t o make money by buying property and renting it out, but it is something like pyramid selling - there are just far too many people on the merry-go-round.
Nearly two-thirds (64%) of the 11,000 interviewees had heard of pyramid selling or chain letters, while 56% were aware of holiday-club cons.
The Sink offers a lively anecdotal guide to the laundry business and its related scams extending from cable piracy to internet casinos, pyramid selling, telemarketing fraud, disguised loans, kickbacks, false end-user certificates to something called death-spiralling, a scheme devised to run a company's share price into the ground while hard selling the stock to 'mug' punters.
PYRAMID selling scams which have cost thousands of women their savings are to be banned.
A LOTTERY boss sacked for roping staff into a pyramid selling scam launched a bid for compensation yesterday.
can constitute pyramid selling which is prohibited by Japanese legislation.
Playing the role of a stranger in a strange land, Owen examines these enterprises and also provides first-person accounts of a Beatles memorabilia tour, a conference for Amway-like pyramid selling networks, and a meeting in St.