Is ACN a pyramid scheme?

This video, https://youtu.be/T8VrKRvwTiM, can also be seen at https://www.youtube.com/watch?v=ZyDJVIgt6es.
See the rest of the story at http://www.cinsellsaglik.com/2017/09/11/homeshop18-com-reliance-religare-health-insurance/