What is a pyramid scheme?

You’ve probably seen ads online promising easy money—“Make up to £300 a day using just your phone! Join me and change your life” It sounds tempting but here's the catch, most of the time, these claims are a scam designed to pull you into a pyramid scheme, afterall if making money online were that easy, we’d all be doing it. Pyramid schemes often masquerade as legitimate Multi-Level Marketing (MLM) businesses. While MLMs are legal in the UK and the USA …