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Home > TED-Ed: Lessons Worth Sharing > How to spot a pyramid scheme | Stacie Bosley
Podcast: TED-Ed: Lessons Worth Sharing
Episode:

How to spot a pyramid scheme | Stacie Bosley

Category: Education
Duration: 00:04:49
Publish Date: 2019-04-02 18:03:03
Description: In 2004, a nutrition company offered a life-changing opportunity to earn a full-time income for part-time work. There were only two steps to get started: purchase a $500 kit and recruit two more members. By 2013, the company was making $200 million. There was just one problem -- the vast majority of members earned less than they paid in. Stacie Bosley explains what a pyramid scheme is and how to spot one. [Directed by Wooden Plane Productions, narrated by Bethany Cutmore-Scott, music by Matthew Reid].
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