Sentences with phrase «by pyramid schemes»

Although this is usually a practice used by pyramid schemes or multi-level marketing schemes, in this case, there doesn't seem to be any danger involved at all.

Not exact matches

But the MLM model also has a reputation sullied by a history of pyramid schemes, get - rich promises, and fraudulent claims about products and compensation.

Ackman says Herbalife is a pyramid scheme, meaning it makes most of its money by recruiting new salespeople, rather than on the products they sell.

«The wild fluctuations of the digital currencies along with competitive business activities underway via network marketing and pyramid scheme have made the market of these currencies highly unreliable and risky,» the central bank was quoted as saying in a Farsi report by the Iran newspaper's website.

Herbalife Ltd. won dismissal of a lawsuit by a shareholder who said he lost money after hedge - fund manager William Ackman accused the nutrition company of being a pyramid scheme.

Use or post, without authorization, any content protected by law (e.g. copyright, trademark, patent, utility patent, design patent or other intellectual property (IP) laws), or advertise, promote, offer or distribute any goods or services protected by law; v. Use, post or promote any commercial practices considered unfair competition, including progressive customer acquisition practices (such as chain distribution systems, Ponzi schemes, illegal multi-level selling or pyramid sales).

I have been and my young daughter has been approached many times by people involved in pyramid schemes.

The company is reportedly under investigation by the F.B.I., the F.T.C., and a number of states for operating an illegal pyramid scheme.

It began with the days of the famous four food groups, followed by the various Food Pyramid schemes, and other convoluted images that are really just different versions of the same Gov.Diet.

As for the early bitcoiners, it was actually kind of annoying because it then brought in all the skeptics calling it a «ponzi» scheme or «pyramid» scheme, despite the quite obvious fact that bitcoin can not be either by definition.

Filed Under: Daily Investing Tip Tagged With: bad investments, Investing, pyramid schemes Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

A pyramid scheme promises payment without any economic activity just by inducting new members.

Everywhere we look we can find virtual mountains of scientific research with regard to unsustainable pyramid schemes that are surreptitiously foisted upon the human community by a few deceitful people with knowledge at the expense of many too many others who are not «in the know».

These people are unlikely to stop unless it is clear to them that there is greater likelihood of a personal negative consequence that is more significant than the potential benefit they hope to personally obtain, a perception of potential benefit being sold through deceptive marketing promoted by the kingpins of the pyramid schemes of unsustainable and damaging activity developed and promoted and prolonged in the political - economic system.

«Pyramid promotional scheme» means a plan or operation by which a person gives consideration for the opportunity to receive compensation that is derived primarily from a person's introduction of other persons to participate in the plan or operation rather than from the sale of a product by a person introduced into the plan or operation.

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The Financial Times was even called out by industry insiders, who were unhappy with the way the publication linked both bitcoin and its recent price increase to an alleged online pyramid scheme run by a convicted Russian fraudster.

In an attempt to dispel fears of any association they might have with a pyramid scheme, Bitcoiin2Gen responded to the media's allegations by elaborating that their four level pyramid - like commission structure, where potential investors can earn money by promoting B2G by word of mouth, will only exist during the Initial Coin Offering (ICO).