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kehk05
Forums Member
Joined: 16 Mar 2008
Posts: 24
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#1 · Posted: 18 Mar 2008 14:27
I keep hearing about this "system" that tells you to send $1 to each e-mail listed with a note stating, "Add me to your list". Then add your e-mail to the bottom of the list and post it at least 200 times. I was wondering if this system really works.
Any comments or experience with it?
Mahalo!
[Post title edited - Admin]
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getagrip
Joined: 20 Feb 2006
Posts: 1999
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#2 · Posted: 18 Mar 2008 15:47
Chances are, it is a scam. Quick and easy money often results in you getting ripped off, so I would stay away if I were you...
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seeyalater72
Forums Member
Joined: 5 Mar 2008
Posts: 197
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#3 · Posted: 18 Mar 2008 16:48
These type if scams have been going on for years now. I would avoid anything that promises to make you rich by blindly sending money and expecting others to do same for you.
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040107
Forums Member
Joined: 14 Apr 2007
Posts: 352
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#4 · Posted: 18 Mar 2008 19:35
Very good way to lose your Paypal account and all the money you
have in there.
This has been going on for years, even before the Internet existed.
The U.S. Postal Service prohibits such scheme using regular mail.
This is a form of a pyramid scheme (an illegal on I might add).
Trust me.
I learned the hard way when I didn't know any better. I signed up
for it. Here was what I did:
- bought a mailing list from a list broker
- bought hundreds of stamps and envelopes
- made hundreds of photocopies
- stuff hundreds of envelopes and sent them off
- waited...waited...waited...
This was how much I received from my investment and work...
$0.00
I did receive a notification from the postmaster stating that even
though the letter may say it's legal according to some postal or
lottery law, it's not.
I was warn that if I mailed out any letters of that nature, I would be
charged with a felony.
You can find more information regarding this on the FTC and U.S.
Postal Service sites.
Paypal have already terminated accounts of users who participated
in these type of pyramid scheme. When that happens, good luck
getting your money.
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TJamMoneyMan
Forums Member
Joined: 11 Nov 2007
Posts: 880
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#5 · Posted: 18 Mar 2008 21:09
Quoting: 040107 Very good way to lose your Paypal account and all the money you have in there.
Excellent advice 040107!
This called a CHAIN LETTER.
To participate is a FELONY!
PayPal WILL zap your account!
They WILL keep all your PAYPAL funds.
You CAN go to JAIL!!
You will get NO MONEY!!!
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mountainmom5
Joined: 30 Aug 2007
Posts: 2351
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#6 · Posted: 18 Mar 2008 22:42
Quoting: 040107 I learned the hard way when I didn't know any better. I signed up for it. Here was what I did: - bought a mailing list from a list broker - bought hundreds of stamps and envelopes - made hundreds of photocopies - stuff hundreds of envelopes and sent them off - waited...waited...waited... This was how much I received from my investment and work... $0.00
LOL - so I am not the only one - and I am sure it wouldn't work any better with email!
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kehk05
Forums Member
Joined: 16 Mar 2008
Posts: 24
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#7 · Posted: 18 Mar 2008 22:48
Thank you so much, everybody for your input. I'm glad I didn't try it to see what happens.
I appreciate it!
kehk05
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sorian
Forums Member
Joined: 31 Dec 2007
Posts: 38
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#8 · Posted: 19 Mar 2008 01:26
Yep classic chain letters. there are some out there that use a loophole to be considered "legal"
example of such is where the 5 people (or how ever many) send you a "report" when you send them the $1 these "reports" are basically junk that tells you how to promote it with posting on forums, traffic exchanges, safelists ect ect. pretty much junk you can find for free in countless places around the net.
Anyway the point is since you are paying for a "product" it claims to be legal, which i think may be true but ehh don't quote me.
Anyway even with that it does not change what the end result will be. you probably wont make any money
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Vishal P. Rao
Joined: 23 Jun 2005
Posts: 1101
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#9 · Posted: 19 Mar 2008 02:07 · Edited by: Vishal P. Rao
Also read:
Make Money With Paypal??
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cybermommy
Forums Member
Joined: 20 Oct 2007
Posts: 320
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#10 · Posted: 21 Mar 2008 19:01
Yes its a HUGE scam and totally illegal.
They try and word it to suggest that its all above board.
Its not.
Paypal will block your account,and you can go to jail.
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jasonbow
Forums Member
Joined: 23 Mar 2008
Posts: 12
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#11 · Posted: 23 Mar 2008 03:10
I had one of these letters come through my letterbox here at home. It suggested i send $20 to the top name as a gift. The sales letter was quite convincing but i still threw it in the bin.
Jason
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serious
Forums Member
Joined: 26 Mar 2008
Posts: 4
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#12 · Posted: 26 Mar 2008 16:45
I am so glad that I read this post!!
In the back of my mind, I had always been
curious about such an endeavor...
I will definetly leave it alone!
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GetGoin
Forums Member
Joined: 20 Mar 2008
Posts: 26
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#13 · Posted: 27 Mar 2008 01:20
TJamMoneyMan: You CAN go to JAIL!! You will get NO MONEY!!!
Do charity work and go to jail !! lol
m glad you guys are aware of this JOURNEY TO JAIL thing !!
lol
rameez.
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CSGWAHM
Forums Member
Joined: 30 Dec 2006
Posts: 272
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#14 · Posted: 27 Mar 2008 07:17
Definite scam, so glad you didn't fall for it.
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Newbie Shield
Joined: 22 Sep 2007
Posts: 2231
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#15 · Posted: 27 Mar 2008 08:03
Never participate in a chain "letter" scam.
~Newbie Shield~
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mtinsdale
Forums Member
Joined: 15 May 2008
Posts: 15
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#16 · Posted: 4 Sep 2008 22:28
I lost my Paypal account way back in '96 when I tried out one of these chain letters.
Had a list of FFA email addresses and sent the letter out on Saturday morning, by Saturday night Paypal had froze my account.
If you get these in an email delete them immediately.
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Sonni
Forums Member
Joined: 10 Jun 2008
Posts: 419
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#17 · Posted: 5 Sep 2008 12:23
This type of thing has been going on forever. I guess it must work or else it would have died. At least it won't be any of us.
Sonni
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Newbie Shield
Joined: 22 Sep 2007
Posts: 2231
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#18 · Posted: 5 Sep 2008 13:34
It doesn't "work" in that is isn't sustainable. Only the starters of the chain and those who join early get rich. Everyone else loses their money.
Furthermore, it's illegal.
From a marketing perspective it "works" in that it is so appealing that if promoted effectively, it spreads like wildfire. But the fire burns very bright and burns out quickly because it gets shut down every time.
It's a pyramid scheme. Take money from John to pay Steve. All they do is shuffle the money around until it collapses. The top guys siphon bits throughout.
ASD is a perfect example. The founders will almost certainly get burned and many late-comers or those who kept reinvesting have been cheated out of thousands.
~Newbie Shield~
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Hattrrrick
Forums Member
Joined: 1 Sep 2008
Posts: 19
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#19 · Posted: 5 Sep 2008 13:36
Newbie Shield: Furthermore, it's illegal.
I just wanted to make sure that everyone saw this!!!!
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wltr1
Forums Member
Joined: 31 Aug 2008
Posts: 11
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#20 · Posted: 14 Sep 2008 16:44
hi tj how r u? just out curiosity hows the spider web system working for you
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