Question:
…….is a scheme is an illegal investment scam based on a hierarchical set up of network marketing.It is a fraudulent system of making money based on recruiting on ever-increasing number of investors.
…….is a scheme is an illegal investment scam based on a hierarchical set up of network marketing.It is a fraudulent system of making money based on recruiting on ever-increasing number of investors.
Updated On: Oct 17, 2024
- Pyramid scheme
- Chitfund fraud
- Daytime robbery
- Circular Investment fraud
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The Correct Option is A
Solution and Explanation
The correct option is (A):Pyramid scheme
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