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Translation of "pyramid scheme" - English-Mandarin Chinese dictionary

pyramid scheme

noun [C]   US
a way of deceiving investors (= people giving money to acompany hoping to get more back) in which money that a company receives from new customers is not invested to their advantage, but is used instead to pay debts owed to existing customers 宝塔形集资(公司从新客户处搜集资金并非是为了他们的利益投资,而是用于清还旧账的一种欺骗投资者的方式) Fraud and corruptionFinancial investments and the stock market
(Definition of pyramid scheme from the Cambridge English-Chinese (Simplified) Dictionary © Cambridge University Press)
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