Market Trader Glossary Pyramid scheme invest return

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2/10/2012:

2/3/2012: More than 4% on the DJI

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Market Trader Glossary: Pyramid scheme

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Term:

Pyramid scheme

Definition:

An illegal, fraudulent scheme in which a con artist convinces victims to Invest by promising an extraordinary Return but instead simply uses newly invested funds to pay off any investors who insist On terminating their investment.

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5/16/2012 - SV2