|
 |
Investing Glossary:
Pyramid scheme
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- P -
| Term: |
|
| Definition: |
| An illegal, fraudulent scheme in which a con artist convinces victims to Invest by promising an extraordinary Return but instead simply uses newly invested funds to pay off any investors who insist On terminating their investment.
|
|
|
| |
|
FREE Trend Alerts
|
|
|
