Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror
Slashdot Deals: Prep for the CompTIA A+ certification exam. Save 95% on the CompTIA IT Certification Bundle ×

Comment Ponzi or Pyramid, there is a difference (Score 1) 346

Can we please stop using these terms interchangeably? They're totally different scams. The pyramid scam can be quasi-legal since it doesn't necessarily involve lying to the new members, just hoping they're gullible enough to think they are near the top of the pyramid. A ponzi scheme only has ONE person/group at the "top" and works by convincing members that the scam is a legitimate investment, and is definitely illegal.

TOTALLY DIFFERENT IDEAS

The unfacts, did we have them, are too imprecisely few to warrant our certitude.

Working...