Sentences with phrase «old pyramid scheme»

Yes, the old pyramid scheme, dressed up in righteous garb.

Not exact matches

Chinese law enforcement authorities now say it was a pyramid scheme, which used cash from new investors to pay older ones.
Ackman, who runs hedge fund Pershing Square Capital Management LP, has been betting against Herbalife shares since 2012, claiming the company is a pyramid scheme — where new investors unwittingly fund the profits of older investors.
Last week Manhattan federal prosecutors charged Peralta, a 36 - year - old Bronx restaurateur, with running a pyramid scheme that bilked investors out of $ 12 million.
Stunned to find himself in his hometown after such a long absence, Large finds old acquaintances around every corner living quite unique lives as gravediggers, fast food knights and the panderers of pyramid schemes.
In the article Merrilyn says «Frankly, let's just say right now that what happens to law firms in the future is going to be a whole lot more complex than just a simple tweak to the old pyramid leverage scheme.
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