The common version of the system involved joining an "airplane" by paying a "pilot" to become one of eight "passengers".
[1][2] Already on the airplane were four "flight attendants" who were a step ahead, and two "co-pilots" next in line behind the pilot, thus the new passenger is fourth in the hierarchy.
[5] The scheme resurfaced in 2020, conducted over Instagram and other social media platforms, going by a variety of names including Blessing Loom,[6] Loom Game,[7] Wheel,[8][non-primary source needed] Gift of Legacy, and The Prosperity Grid in South Africa.
In 2022, after receiving several complaints from the public, South Africa's Financial Sector Conduct Authority released an official warning to the public regarding The Prosperity Grid, saying that although it resembled a traditional stokvel savings scheme, they considered its structure to be a pyramid scheme.
[9] Because pyramid schemes fall outside of the jurisdiction of the FSCA, the matter has been referred to other relevant regulators and authorities.