Statements (20)
Predicate | Object |
---|---|
gptkbp:instanceOf |
fraudulent scheme
|
gptkbp:alsoKnownAs |
pyramid scam
|
gptkbp:characterizedBy |
recruitment of participants
|
gptkbp:dependsOn |
new recruits
|
gptkbp:example |
Airplane Game
Women Empowering Women |
https://www.w3.org/2000/01/rdf-schema#label |
pyramid scheme
|
gptkbp:legalIn |
many countries
|
gptkbp:notToBeConfusedWith |
Ponzi scheme
|
gptkbp:originatedIn |
early 20th century
|
gptkbp:prohibits |
gptkb:Federal_Trade_Commission_(FTC)
U.S. Securities and Exchange Commission (SEC) |
gptkbp:promise |
high returns
|
gptkbp:requires |
continuous recruitment
|
gptkbp:result |
financial loss for most participants
|
gptkbp:returnsPaidFrom |
funds from new participants
|
gptkbp:structure |
hierarchical
|
gptkbp:bfsParent |
gptkb:Ponzi_Scheme
gptkb:Ponzi_scheme |
gptkbp:bfsLayer |
7
|