Concept information
Preferred term
pyramid schemes
Definition
- Fraud schemes known as pyramid schemes are also called chain referral, multilevel marketing, and matrix marketing schemes. They may be local, national, or international cross-country scams. [Source: Encyclopedia of Transnational Crime & Justice; Pyramid Schemes]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/pyramid_schemes
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