Pyramid scheme, fraud that operates by distributing the money paid by later participants to previous participants.
Typical Pyramid Scheme
- "Get Forex training" (there is no training in reality)
- "Get a reference from us, earn"
- "Investment fund" claim
- Crypto investment promise
- "Smart home device" sales pyramid
Difference between Pyramid and MLM
- Legal MLM: selling real products
- Pyramid: only membership fee
- Pyramid is prohibited (TKHK art.80)
Related Crimes
- TCK art.158/1-f fraud with information system
- TCK art.220 organized crime organization
- CMB manipulation
- TKHK pyramid trading ban
Victim Rights
- Complaint to the public prosecutor's office
- Class action
- Material compensation
- Pecuniary damage
Supreme Court 23. CD
23. CD accepts that if "organized/systematic" nature of pyramid scheme fraud is detected, organizational crime will also be applied and may lead to heavy penalties.
IT and fraud lawyer is recommended.