I bet they were doing exactly that, getting money from customers and using it to make payroll. And using money from new customers to pay the travel expenses for the 1st group of customers. Sounds like a pyramid scheme. Then it fell apart without new money coming in.
Most such businesses work using this scheme. I wouldn’t call it pyramid although as it fails it sure looks like that. The idea of pyramid it is initially a financial scheme with no product or service behind it.
[[[I bet they were doing exactly that, getting money from customers and using it to make payroll. And using money from new customers to pay the travel expenses for the 1st group of customers. Sounds like a pyramid scheme. Then it fell apart without new money coming in.]]]
Ponzi Travel.