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Alpha project pyramid scheme
Based on simple multiplication and two estimated proportions, it appears the estimated number of pyramid scheme victims declined by roughly half, from M in to thousand in . Jul PDF | Periodically, the pyramid or “chain letter” scheme is 20+ million members; + million publications; k+ research projects. Wikipedia is a free online ecyclopedia and is the largest and most popular general reference work on the internet. . Search for alpha project pyramid scheme in the English version of Wikipedia. Each of these new members usually pay an entrance fee, which is used to pay the people above them. A pyramid scheme is a business structure that pays more for recruiting new members or distributors than it does for selling actual product. Each of these new members usually pay an entrance fee, which is used to pay the people above them. A pyramid scheme is a business structure that pays more for recruiting new members or distributors than it does for selling actual product. In the FTC decided Amway was not a pyramid scheme because distributors were not paid specifically for recruiting new salespeople, just a commission on the products new distributors . Ponzi schemes are scams that use funds collected from new investors to pay existing. But even if they are not on the list it could still be a scam.