Matrix scheme: Difference between revisions

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A '''matrix scheme''', also known as a also known as a Matrix Site, Elevator Scheme, Escalator Scheme or Ladder Scheme, is a [[business model]] <ref name =oftpress>{{cite web | url = http://www.oft.gov.uk/News/Press+releases/2005/161-05.htm | title=Office of Fair Trading Press Release | accessdate=2006-08-05}}</ref> involving the exchange of money for a certain product with a side bonus of being added to a waiting list for a product of greater value than the amount given. <ref name=oftpress/> Matrix schemes are also sometimes considered similar to [[Ponzi scheme|Ponzi]] or [[Pyramid Scheme|pyramid]] schemes. <ref name =msn1>{{cite web | url = http://msnbc.msn.com/id/3078957 | title=$150 plasma TV site faces lawsuit | accessdate=2006-08-05}}</ref> Such schemes are claimed to be legitimate by site supporters, though they are also regarded as illegal lotteries sometimes <ref name = msn1/> and have been called unsustainable by the [[Office of Fair Trading]]. <ref name =oftpress/>
 
==History==