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What is a pyramid scheme exactly

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What is a pyramid scheme exactly? Have you ever participated in or invested in such a scheme? Have you ever been a victim of one? Research and discuss this topic. According to research, why can it be difficult to detect a pyramid scheme? What are some possible tip-offs to this kind of fraud? Why are pyramid schemes unsustainable? Who are the victims? Provide a diagram illustrating the dynamics of pyramid schemes.

Reference no: EM132783168

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