A pyramid scheme is a business model that relies on perpetual and unsustainable ... Often these websites use financial jargon that sounds familiar yet makes no sense, like promising you will ...

Abstract: What lessons can be drawn from the unprecedented growth and spectacular collapse of financial pyramid schemes in Albania? This paper discusses the origins of the pyramid schemes and the way ...

During 1996-97, Albania was convulsed by the dramatic rise and collapse of several huge financial pyramid schemes. This article discusses the crisis and the steps other countries can take to prevent ...