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A Pyramid Scheme is a money-making strategy. Its formation looks like a pyramid structure. First, the investors keep promoting the business and recruiting new investors in bulk.

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Albert Stark

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3y ago

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a pyramid scheme is used to scam people out of money. if you are at the top of the pyramid you will earn the most money and the lowest spots on the pyramid will earn the lowest, but everyone can end up in jail because it is illegal.

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Wiki User

13y ago
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Q: What is a pyramid scheme used for?
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