Financial Definition of Pyramid Scheme
Meaning of Pyramid Scheme
An illegal, fraudulent scheme in which a con artist contrives victims to invest by promising an extraordinary return but simply uses newly invested funds to pay off any investors who insist on terminating their investment.
Related Entries of Pyramid Scheme in the Encyclopedia of Law Project
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Pyramid Scheme in Historical Law
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Legal Abbreviations and Acronyms
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| Pyramid Scheme in the Dictionary | Pyramid Scheme in our legal dictionaries |
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| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | Pyramid Scheme in the World Encyclopedia of Law |
What is Pyramid Scheme?
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| https://legaldictionary.lawin.org/pyramid-scheme | The URI of Pyramid Scheme (more about URIs) |
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