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pyramid selling

   Also found in: Dictionary/thesaurus 0.03 sec.
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


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With a fixed, continuous loss rate inherent in the pyramid selling scheme model, all claims about "income opportunity" in such schemes are deceptive and misleading.
Private Cash Gifting Is Illegal by Donna at WWAHHMpreneur / Internet and Businesses Online community
Byline: Edward Chadwick PYRAMID selling fraudsters who promise their victims that they can make a pounds 21,000 profit within weeks are preying on women in Birmingham, trading standards have warned.
Latest scam promises a pounds 21k profit; PYRAMID SCHEME: Trading ... by Birmingham Mail (England)
this time a rich guy conned everyone in a pyramid selling scheme.
One law for the rich yet again by Sunday Mail (Glasgow, Scotland)
 
 
 
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