See also: Chain letter
Frequently passed off as Multi-Level Marketing by incorporating sales of an unmarketable product or service into the scheme. In such cases, participants are usually required to maintain a monthly purchase quota to qualify for payments.
Once the suckers figure that out and quit paying into the scheme, those who recruited them start losing money too, and then they quit. The scam shrivels even faster than it grew.
very few people, if anyone, end up making any money, and in fact end up GIVING money in their vain hope of striking it rich.