Sentences with phrase «pyramid scheme where»

The situation is exactly the same as a pyramid scheme where the first ones in reap benefits.

Presumably this would lead to me being at the top of some kind of pyramid scheme where I got to sit on a beach and drink mojitos and play videogames for the rest of my life - but I didn't really think it through that far.

Unless load factors drop back down, and I don't think that is likely in the near future, I think that this is an inevitable change to FF programs for them to even be feasible, without turning into a giant pyramid scheme where you can earn miles but not redeem them... which some would argue is already the case today.

Ultimately Stalin created a kind of political pyramid scheme where his loyal deputies became patrons to anyone who wished to join the party and take their places along the ladder of party bureaucracy.

Not exact matches

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.

The reps in this week also rely on the reverse pyramid scheme, but with slight increase in the third set, where you do 15 reps.. This may not follow the ideal range for building muscles, yet, increasing the number will you in increasing muscular endurance, thus providing sound basis for further gains in size and strength.

This type of marketing or selling products and / or services make the «upline» money, while the «downline (the promoters)» earn less and less the further down the line they are, which is where the term «pyramid scheme» comes in.

His previous experience included a 10 - year spell at the South African Department of Justice, latterly as a founding member of the office for serious economic offences, where he worked on cross-border investigations and High Court prosecutions relating to bribery and corruption, stock exchange trading schemes, foreign exchange frauds and manipulations, pyramid investment schemes and financial instrument forgery syndicates.

Some are even outright scams or ICO pyramid schemes, where people simply hype up and start selling worthless tokens.

Naturally it's the next big thing in the super convoluted world of cryptocurrencies, where people spend a lot of time cooking up fancy new names for pyramid schemes.

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).

Ditto for pyramid schemes, where the scammer will walk away from the scheme at a time when enough people have been ensnared in the pyramid and a large enough pool of money has built up.

In my opinion, in a country where millions have suffered from pyramid schemes, it is impossible to allow the situation when citizens sell apartments in order to make investments in cryptocurrencies to repeat.»

The previous article quoted was talking about a dream and a world where the Franchise Pyramid scheme no longer exists, which now is impossible because all Franchisors are publicly traded companies.