About the Development of Financial Pyramids and Its Impact on Life

2023

Closed access Metadata (CSL-JSON)
DOI 10.52209/1609-1825_2023_2_285
Data confidence 70 medium
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Abstract

The development of financial pyramids in the CIS countries and its impact on people's lives is considered. It would seem that financial pyramids like MMM or «Charms» have gone down in history, leaving millions of defrauded depositors with nothing. But life shows that the bitter experience was not so instructive for many of our citizens. Currently, there is a clear trend of masking financial pyramids under three legal areas of work. These areas of work are analyzed. Thus, investing in financial pyramids brings a good income – it is only important to understand when to withdraw your capital