Chain Letters - Has Anyone Tried the Invest $6 and get paid by PayPal?

Discussion in 'Business Opportunities and Programs Reviews' started by kehk05, Mar 18, 2008.

  1. kehk05

    kehk05 New Member

    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]
     
  2. getagrip

    getagrip Gold Member

    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...
     
  3. seeyalater72

    seeyalater72 New Member

    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.
     
  4. 040107

    040107 Member

    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.
     
  5. TJamMoneyMan

    TJamMoneyMan Well-Known Member

    Quoting: 040107Very 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!!!
     
  6. mountainmom5

    mountainmom5 Gold Member

    Quoting: 040107I 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![​IMG]
     
  7. kehk05

    kehk05 New Member

    Thank you so much, everybody for your input. I'm glad I didn't try it to see what happens.

    I appreciate it!

    kehk05
     
  8. sorian

    sorian New Member

    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
     
  9. Vishal P. Rao

    Vishal P. Rao Administrator Staff Member

  10. cybermommy

    cybermommy New Member

    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.
     
  11. jasonbow

    jasonbow New Member

    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
     
  12. serious

    serious New Member

    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! [​IMG]
     
  13. GetGoin

    GetGoin New Member

    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.
     
  14. CSGWAHM

    CSGWAHM New Member

    Definite scam, so glad you didn't fall for it.
     
  15. Newbie Shield

    Newbie Shield Gold Member

    Never participate in a chain "letter" scam.

    [​IMG]

    ~Newbie Shield~
     
  16. mtinsdale

    mtinsdale New Member

    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.
     
  17. Sonni

    Sonni New Member

    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
     
  18. Newbie Shield

    Newbie Shield Gold Member

    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~
     
  19. Hattrrrick

    Hattrrrick New Member

    Newbie Shield: Furthermore, it's illegal.
    I just wanted to make sure that everyone saw this!!!!
     
  20. wltr1

    wltr1 New Member

    hi tj how r u? just out curiosity hows the spider web system working for you
     

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