Pyramid Schemes

Today, while on a walk with my mom, we passed some friends. After some small talk, they invited my mom to come to a meeting at there house on Wednesday night to learn about a multi-level company that helps people get out of debt. Like any other pyramid scheme great returns were promised. Overall pyramid schemes work for the people who are at the top of the pyramid but once you get down to a certain level it is impossible to make money. The following article published by the Security and Exchanges Commission explains it all. Pyramid Schemes