Before I went for my first Network Meeting my friend drew the structure of a pyramid. Network Marketing is a kind of a pyramid but ONLY in terms of the structure’s appearance. This is the only thing that connects both issues: the multi-level structure, which, when properly drawn, resembles a pyramid.

Note, however, that a pyramid is a common structure found in many organizations. If that’s a start-up, corporation or hospital, structure is similar. At the top is the owner, directors, managers, supervisors and finally employees. You can also add customers to the structure, because without them it would not be established and would not exist. Nothing revealing but for many people this organisation structure is so common, and they are not even realising that they are dealing every day with pyramid structures on many occasions.

A financial pyramid is an illegal activity in United Kingdom – people joining it must pay a certain amount of money, which is the basis of earnings for the person who is higher. Then the diagram is copied by other people – the source of funding for the people above are only the membership fees of the arriving people.

United Kingdom has well-regulated financial market and there were only two major schemes in history. The Business Consulting International was the biggest United Kingdom ponzi scheme estimated at £115 million. The business was set up and run by London-based Indian businessman Kautilya Nandan Pruthi, in partnership with Kenneth Peacock and John Anderson. The biggest and most famous financial pyramid was The Madoff investment scandal, which was discovered in late 2008. In December of that year, Bernie Madoff, the former NASDAQ chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate $64.8 billion-dollar Ponzi scheme.