
Frauds by Companies Running Pyramidal Schemes | 47
Impact of Pyramidal Schemes
From the point of view of the general populace,
the damage caused by these deceptive schemes is
huge. The schemes attract a large number of gull-
ible public; in some cases the number of people
involved can run into hundreds of thousands. The
reason behind enrolment of such large numbers
of people is because of the nature of the pyrami-
dal activity where the enrolment grows in geo-
metrical progression. Most of the people are at-
tracted by the prospects of earning extra money
while operating from home. Promotional litera-
ture, audio and video material, and meetings ...