Pyramid scheme. December 2023. Page Version ID: 1188350070. URL: https://en.wikipedia.org/w/index.php?title=Pyramid_scheme&oldid=1188350070 (visited on 2023-12-08).
According to Wikipedia, a pyramid scheme is a business model where a person or small group of people starts at the top, recruits new members, and then pays those members to recruit more members. This causes the whole structure to grow like a pyramid. Pyramid schemes are illegal in most countries because they are considered a scam, while a few people at the top profit; most of the people in the middle or lower levels lose the money they initially put in and get scammed.