pyramid scheme
/ˈpɪrəmɪd skiːm/noun
उच्चारण पिरमिड स्कीम
पिरामिड योजना (धोखाधड़ी वाली)
Advanced word
noun
- 1
[C] disapproving
a dishonest business plan in which people are paid mainly with money from new members they bring in, rather than from selling any real product, so that it collapses when no new members join
पिरामिड योजना (धोखाधड़ी वाली)
- Thousands of investors lost their savings in the pyramid scheme.
- Pyramid schemes are banned in India.
?Which word?
Do not confuse a pyramid scheme (members earn by recruiting new members) and a Ponzi scheme (the operator pays old investors with new investors' money).
Pyramid scheme (सदस्य नए सदस्य जोड़कर कमाते हैं) और Ponzi scheme (संचालक पुराने निवेशकों को नए निवेशकों के पैसे से भुगतान करता है) में भ्रमित न हों।