pyramid scheme

The Wall Street Journal

Herbalife will pay $200 million in a settlement with the Federal Trade Commission that will enable the company to avoid being classified as a pyramid scheme.

Herbalife to Pay $200 Million Over Claims of Misrepresentation

Herbalife Ltd. is to pay $200 million in a settlement with the Federal Trade…

ON.WSJ.COM|作者：DAVE BENOIT

pyramid scheme

NOUN

A form of investment (illegal in the UK and elsewhere) in which each paying participantrecruits two further participants, with returns being given to early participants usingmoney contributed by later ones.