Pyramid Schemes

Some articles on pyramid schemes, pyramids, pyramid scheme, schemes:

1997 In Albania - Usury
... Pyramid schemes, also known as rentier firms, started their operations in 1991 ... Although apparently functioning as a bank, pyramids had no concrete investment from which to glean money and apparently did not lend ... The first pyramid scheme, which opened in 1991, was that of Hajdin Sejdisë, who later fled to Switzerland with several million dollars of Albanian businessmen ...
1997 In Albania - Chronology of Events - January 1997
8–16 January 1997 failing on pyramid schemes, "Kamberi", "Cenaj", "Silva", "Malvasia", "Kambo", "Grunjasi", "Dypero", "Bashkimi", "Beno", "Pogoni", "B G", "Kobuzi", "Arkond", "Adelin", "A.Delon", "Agi", "M.Leka ... as there had their main center of most of these schemes ... Government rushing and freezes the assets of the remaining schemes "Vefa Holding" and "Gjallica" (these two are larger schemes) ...
Pyramid Scheme
... A pyramid scheme is a non-sustainable business model that involves promising participants payment or services, primarily for enrolling other people into ... Various forms of pyramid schemes are illegal in many countries including Albania, Australia, Austria, Brazil, Canada, China, Colombia, Denmark, the Dominican Republic, Estonia ... These types of schemes have existed for at least a century, some with variations to hide their true nature, and because of this, many people believe that all multilevel marketing plans are also pyramid schemes ...

Famous quotes containing the words schemes and/or pyramid:

    Science is a dynamic undertaking directed to lowering the degree of the empiricism involved in solving problems; or, if you prefer, science is a process of fabricating a web of interconnected concepts and conceptual schemes arising from experiments and observations and fruitful of further experiments and observations.
    James Conant (1893–1978)

    So universal and widely related is any transcendent moral greatness, and so nearly identical with greatness everywhere and in every age,—as a pyramid contracts the nearer you approach its apex,—that, when I look over my commonplace-book of poetry, I find that the best of it is oftenest applicable, in part or wholly, to the case of Captain Brown.
    Henry David Thoreau (1817–1862)