Moneycontrol PRO
Upcoming Event:Attend Algo Convention Live, 2 Days & 12+ Speakers at best offer Rs.999/-, exclusive for Moneycontrol Pro subscribers. Register now!

What are multi-level marketing and pyramid schemes: why do they often collapse?

Pyramid schemes, often disguised as multi-level marketing schemes try to take advantage of unsuspecting people, who are looking to earn money without much ado.

October 30, 2020 / 08:54 PM IST

Prospect of having a passive income or earning extra money through schemes may sound like a good idea but could turn out to be a trap.

Pyramid schemes, often disguised as multi-level marketing schemes try to take advantage of unsuspecting people, who are looking to earn money without much ado.

Moneycontrol breaks down everything you need to know about pyramid schemes and multi-level marketing.

Watch the video for more.



Download your money calendar for 2022-23 here and keep your dates with your moneybox, investments, taxes

Moneycontrol News
Sections
ISO 27001 - BSI Assurance Mark