pyramid schemer
Multilevel marketing criminal
A pyramid schemer is someone who runs or promotes a pyramid scheme—a fraudulent business model where returns for earlier investors come from new recruits rather than legitimate profits.
The structure inevitably collapses when recruitment slows, enriching those at the top while those at the bottom lose their money: The pyramid schemer convinced dozens of friends to invest before disappearing.
- con artistProfessional fraud perpetrator
- scammerOne who defrauds others
- fraudsterCriminal deceiver for gain
- financial fraudIllegal monetary deception
- PonziSwindler's surname, now generic
hustler · swindler · recruiter · recruitment drive · downline · MLM · direct sales · grifter · charlatan · investment · recruit · victims · commission · promises · collapse · greed · deception · network
pyramid schemerfraud investigator
One who exposes swindles
financial regulator · whistleblower · forensic accountant · compliance officer
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