How to spot a pyramid scheme

6,615,608 plays|

Stacie Bosley |

TED-Ed

• April 2019

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].