Virginia legal term
Pyramid promotional scheme in Virginia Criminal Law
Current through 2026 Virginia legislative session
In Virginia criminal law, “Pyramid promotional scheme” is a term defined by statute rather than by its everyday meaning. Its statutory definition — quoted verbatim below — controls how the term is applied throughout the Virginia criminal code.
What does “Pyramid promotional scheme” mean in Virginia criminal law?
"Pyramid promotional scheme" means any plan or operation by which a person gives consideration for the opportunity to receive compensation a majority of which is derived from the introduction of other persons into the plan or operation rather than from the sale or consumption of goods, services, or intangible property by a participant or other persons introduced into the plan or operation. (Va. Code Ann. § 18.2-239)
Statutes defining or using this term
Related terms in the same statutes
This reference is informational and is not legal advice.