Instagram Cash App Pyramid Scheme. But the app’s soaring popularity comes from weekly cash giveaway campaigns like #cashappfriday. Avoid programs that focus more on recruitment than the sale of a product or service to an end consumer.
24, 2016, 11:57 pm utc / updated aug. The pyramid scheme has been appearing in newsfeeds and circulating online over the past week, targeting people who may never have heard of them. Plus, pyramid schemes are popping up so fast, the ftc can’t investigate them all.
The internet has made it very easy for a pyramid scheme to operate.
Bitcoin scammers are using this app to fleece people. Even though it is not a physical pyramid, it is a classic example of a #pyramidscheme. But i can tel you that this cash app scheme looks a lot like other pyramid schemes. This is similar to the “ secret sister ” pyramid scheme that makes its rounds during the holidays.
