Pyramid schemes require you to join for a fee – and the only way to get back your money is to persuade other people to join and take their fees.
Scheme members are asked to sell goods or services through other members rather than direct to clients.
People at the top of the pyramid make money from the fees of people lower down, rather than selling a legitimate product.
The business model is unsustainable, and those at the bottom of the pyramid lose their fees with no prospect of recovering the money.
Watch out for the following warning signs of a pyramid scheme: