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we sent out 200 letters and sent 1$ to 6 people on the list we received in the mail. Has anyone had any success with this?

2006-06-17 11:05:06 · 3 answers · asked by Gary W 1 in Business & Finance Investing

3 answers

According to the Post Office:

Chain letters are illegal if they request money or other items of value and promise a substantial return to the participants. Chain letters are a form of gambling, and sending them through the mail (or delivering them in person or by computer, but mailing money to participate) violates Title 18, United States Code, Section 1302, the Postal Lottery Statute.

Whole article from United State Postal Service: http://www.usps.com/postalinspectors/fraud/chainlet.htm

A chain letter is a "get rich quick" scheme that promises that your mail box will soon be stuffed full of cash if you decide to participate. You're told you can make thousands of dollars every month if you follow the detailed instructions in the letter.

A typical chain letter includes names and addresses of several individuals whom you may or may not know. You are instructed to send a certain amount of money--usually $5--to the person at the top of the list, and then eliminate that name and add yours to the bottom. You are then instructed to mail copies of the letter to a few more individuals who will hopefully repeat the entire process. The letter promises that if they follow the same procedure, your name will gradually move to the top of the list and you'll receive money -- lots of it.

There's at least one problem with chain letters. They're illegal if they request money or other items of value and promise a substantial return to the participants. Chain letters are a form of gambling, and sending them through the mail (or delivering them in person or by computer, but mailing money to participate) violates Title 18, United States Code, Section 1302, the Postal Lottery Statute. (Chain letters that ask for items of minor value, like picture postcards or recipes, may be mailed, since such items are not things of value within the meaning of the law.)

They're also illegal via email:

From the Federal Trade Commission website at http://www.ftc.gov/bcp/conline/pubs/online/emailusers.htm

Chain letters that involve money or valuable items and promise big returns are illegal. If you start a chain email or letter or send one on, you are breaking the law.

Chances are you will receive little or no money back on your investment. Despite the claims, a chain letter will never make you rich.

Some chain letters try to win your confidence by claiming that theyre legal, or even that they're endorsed by the government. Nothing is further from the truth.

If youve been a target of a chain email scam, contact your Internet Service Provider and forward the email to the FTC at: spam@uce.gov

2006-06-17 18:22:49 · answer #1 · answered by Piggiepants 7 · 0 0

I once got a mail promising $10.000 if I'd send it to 200 people. That would mean that 10000 people would send me $1. These 10000 would each hope to receive the same amount. This would need 100,000,000 people involved. But there aren't 1,000,000,000,000 people on earth to give them their $10000.

2006-06-17 11:21:30 · answer #2 · answered by Konrad 4 · 1 0

WOW! I cannot believe you got suckered with that scam!!!! SORRY!!

2006-06-17 11:24:30 · answer #3 · answered by MADAM_BUTTERFLY_206 3 · 1 0

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