pyramid scheme

noun

Definition of pyramid scheme

: a usually illegal operation in which participants pay to join and profit mainly from payments made by subsequent participants

Examples of pyramid scheme in a Sentence

Recent Examples on the Web

In the dark comedy, Dunst plays Krystal Gill, a water park employee and mother of one who schemes her way into a multi-billion dollar pyramid scheme that destroyed her family. Robyn Merrett, PEOPLE.com, "Kirsten Dunst Says She Feels People Think She's Just 'the Girl from Bring It On'," 28 Aug. 2019 That journey has her conning and scheming her way up the ranks of Founders American Merchandise - the multibillion-dollar pyramid scheme that drove her family to ruin in the first place. Rick Bentley, chicagotribune.com, "‘On Becoming a God in Central Florida’ gives Kirsten Dunst a chance to channel her anger," 25 Aug. 2019 But Travis is deeply involved in a cult — Founders American Merchandise, or FAM — that is essentially a pyramid scheme. Matthew Gilbert, BostonGlobe.com, "Kirsten Dunst breaks bad in ‘Florida,’ and it’s good," 21 Aug. 2019 Travis is entangled in a pyramid scheme called Founders American Merchandise. Judy Berman, Time, "On Becoming a God in Central Florida," 20 Aug. 2019 In the dark comedy series, Dunst stars as Krystal Stubbs, a wife and mother living near Orlando, Fla. in the 90s hustling a her way to the top of pyramid scheme. Sonja Haller, USA TODAY, "Kirsten Dunst says working is 'easier' than being a SAHM. Here's what the research says," 6 Aug. 2019 In 2016 Herbalife paid $200 million as part of a settlement with the Federal Trade Commission that required significant changes to the company’s business practices but allowed it to avoid being classified as a pyramid scheme. Patrick Thomas, WSJ, "Herbalife CEO Richard Goudis Resigns," 8 Jan. 2019 Prosecutors and defense lawyers gave closing arguments in a Brooklyn federal court this week following a trial that has given a disturbing inside look inside Raniere's group, which has been called a cult and a pyramid scheme. CBS News, ""Sex, power and control": Jury to deliberate fate of alleged NXIVM sex cult leader Keith Raniere," 18 June 2019 Why is Miss Dunst’s Krystal Stubbs — a water park employee who cons her way through the upper ranks of a cult-like pyramid scheme in 1992 Orlando — behaving badly? Joey Nolfi, EW.com, "Kirsten Dunst gets buck-wild in exclusive On Becoming a God in Central Florida teaser," 21 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'pyramid scheme.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of pyramid scheme

1949, in the meaning defined above

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Last Updated

11 Oct 2019

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The first known use of pyramid scheme was in 1949

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More Definitions for pyramid scheme

pyramid scheme

noun

English Language Learners Definition of pyramid scheme

: a dishonest and usually illegal business in which many people are persuaded to invest their money and the money of later investors is used to pay the people who invested first

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Rhyming Dictionary: Words that rhyme with pyramid scheme

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