This scheme promises large gifts or payments in exchange for recruiting and enrolling others.
Pyramid schemes come in many shapes and sizes and may try to downplay their pyramid nature by disguising themselves as gifting circles or charitable projects, games, chain letters, buying clubs, motivational companies, mail order operations, or investment organizations. All promise you profits or gifts if you recruit others to participate after you, however, most participants will lose some or all of their money participating in these illegal schemes. Any money made is on the backs of others in the pyramid, and the income or products received could be considered proceeds of crime, making them taxable and sizeable.