How to Use pyramid scheme in a Sentence

pyramid scheme

noun

• Short on money, Gill plots against the pyramid scheme that fleeced her.
  — Hal Boedeker, OrlandoSentinel.com, 3 July 2018
• In that agreement, the FTC stopped short of calling the business a pyramid scheme.
  — Kate Gibson, CBS News, 2 Oct. 2019
• In truth, chinchilla farming was a type of pyramid scheme.
  — David Reamer, Anchorage Daily News, 27 Jan. 2020
• The dream becomes a pyramid scheme in which cynics rule and true believers lose out.
  — Chris Vognar, Los Angeles Times, 15 Apr. 2021
• Yet, a creator program that users have to pay to use hasn’t been done before and has some users comparing it to a pyramid scheme.
  — Kylie Robison, Fortune, 3 Feb. 2023
• Instead, his travels took him in search of other victims of pyramid schemes.
  — The Economist, 3 Feb. 2018
• Five other charges related to the pyramid scheme have been dismissed.
  — Eriq Gardner, Billboard, 31 Oct. 2017
• The result was a pyramid scheme, which Scheper-Hughes says is common to kidney markets around the world.
  — Yudhijit Bhattacharjee, Discover Magazine, 12 Aug. 2010
• Plantiffs in the latest lawsuit allege that the company is set up as a pyramid scheme.
  — Leah Prinzivalli, SELF, 19 Oct. 2017
• Even without a buy-in price, that’s quite literally a pyramid scheme.
  — Nadra Nittle, Vox, 8 Nov. 2018
• Bernie Madoff, whose pyramid scheme ensnared tens of billions of dollars, was sentenced to 125 years in prison.
  — Byleo Schwartz, Fortune Crypto, 3 Oct. 2023
• Loewenstein is nonplussed when asked what happens to Spatial’s business if NFTs turn out to be a pyramid scheme.
  — Lauren Goode, Wired, 15 Nov. 2021
• She’s heard the NFT craze referred to as a market manipulation, a pyramid scheme, a scam.
  — Christopher Borrelli, chicagotribune.com, 20 Mar. 2021
• Tens of millions of people are ensnared in these pyramid schemes that use cult-like techniques to brainwash their targets and bilk them out of their money.
  — The Economist, 3 Feb. 2018
• The suits claim the company is a pyramid scheme that urges sellers to go into debt to purchase inventory.
  — Ivana Hrynkiw, AL.com, 26 Oct. 2017
• Cemeteries work on something like a pyramid scheme: payments for new plots cover the cost of maintaining old ones.
  — Jill Lepore, The New Yorker, 27 Sep. 2021
• Many banks are on the brink of insolvency, in part because of pyramid schemes that swindled millions of poor Iranians.
  — The Economist, 21 Apr. 2018
• Like a pyramid scheme, however, this works only with a constant supply of new money.
  — The Economist, 3 Oct. 2019
• But then the family savings disappeared in a pyramid scheme.
  — Washington Post, 21 Jan. 2022
• It has been compared to a pyramid scheme, but defenders say it’s no more or less an asset than sneakers, paper money or stocks.
  — Washington Post, 23 Dec. 2021
• Recruitment can take months and resemble a pyramid scheme.
  — Cari Shane, Discover Magazine, 16 Aug. 2022
• Like a rock star spiraling into burnout, he was consumed by the pyramid scheme of fame, parceling himself out, faster and faster, to everyone who wanted a piece.
  — Helen Lewis, The Atlantic, 2 Mar. 2021
• Some cryptocurrency pump-and-dump and pyramid schemes have resulted in Bernie Madoff-like levels of fraud.
  — Rachel Aviv, The New Yorker, 10 Apr. 2018
• China famously banned ICOs, lumping them in with pyramid schemes.
  — David Meyer, Fortune, 23 Oct. 2017
• Many questions remain about others who may have been involved in what more than one person calls a molestation pyramid scheme.
  — Bill Goodykoontz, azcentral, 21 May 2020
• This has created a pyramid scheme of poor behavior that is only now starting to crumble.
  — Ryan Faughnder, Los Angeles Times, 11 May 2021
• The major difference, according to the Federal Trade Commission, is that pyramid schemes are against the law.
  — Scottie Andrew, CNN, 18 Nov. 2019
• Combined with the arrest of a team owner for his role in a pyramid scheme, the unexpected costs immediately crushed the team’s future.
  — David Reamer, Anchorage Daily News, 2 Aug. 2020
• Leggings company LuLaRoe, which reached a stunning $2.3 billion in sales last year, is now facing more than a dozen lawsuits by sales reps who claim it’s a pyramid scheme.
  — Carolyn Said, San Francisco Chronicle, 8 June 2018
• Or a pyramid scheme is like some entity that is intending to scam people by showing false returns that are based on new money coming in.
  — Recode Staff, Recode, 14 Mar. 2018

Last Updated: 27 Jun 2024