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I had a similar thought when describing the idea. However, I don't think we're comparing apples with apples. The accredited investing law has been in place si

• Retric 16y ago
  Accredited investment law's have significantly reduced the impact of most pyramid schemes because they make it far harder to get the ball rolling still you can find a few more recent examples at: http://en.wikipedia.org/wiki/Pyramid_scheme http://en.wikipedia.org/wiki/Pyramid_scheme but mostly they are outside the US. For a better look at the pyramid schemes closest relative: http://en.wikipedia.org/wiki/List_of_Ponzi_schemes http://en.wikipedia.org/wiki/List_of_Ponzi_schemes you can see several home grown examples mostly involving more wealthy people. What separates them IMO is Pyramid schemes give you plenty of foot soldiers to sell the idea, Ponzi schemes are limited to the initial con artists which focus on people with money by default. PS: There is a friends and family exception to these things, so if you only need 30k you can probably collect to from people you already know. However, random strangers have a hard time distinguishing a reliable businesses from a con artist so it's a hard call to make.