2006-07-12 07:19:35 · 9 answers · asked by onlinegazillionaire 1 in Business & Finance ➔ Other - Business & Finance
Hi Online,
This is how they work:
Multi-level marketing (MLM)
Pyramid scheme
Ponzi
http://en.wikipedia.org/wiki/Multilevel_marketing
~Trey
2006-07-12 08:05:23 · answer #1 · answered by ~Trey 3 · 0⤊ 0⤋
You have to give us more info. Who is it from? What else does the letter say? If it's your electric bill then no it's not a pyramid scheme and you should be happy that it's so low.
2006-07-12 14:30:11 · answer #2 · answered by afk 4 · 0⤊ 0⤋
Please, please, please - throw the letter away. Don't even acknowledge it. Basically the "pyramid scheme" is at the top of the pyramid is one person who reaps all the benefits. Then it goes down the chain (or pyramid). The person who recruits you reaps the benefits of what you do. You recruit someone else and you reap the benefits of that person and so on and so on. You don't ever make any money from it, but in turn you've sent money.
Please just ignore it. It sounds good in theory, but it is not.
2006-07-12 14:26:44 · answer #3 · answered by Goblin g 6 · 0⤊ 0⤋
I have no idea whether it's a pyramid scheme, but I don't thinkI'd recommend sending a donation!
2006-07-12 14:23:10 · answer #4 · answered by Jack430 6 · 0⤊ 0⤋
Yes. Anything that asks you for money is a scam, especially emails and letters in the mail.
2006-07-12 14:23:36 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Depends; does it instruct you to do something else, like ask a bunch of other people for $39.95?
2006-07-12 14:24:06 · answer #6 · answered by ? 4 · 0⤊ 0⤋
Unless it's a bill from a company you deal with, throw it in the trash.
2006-07-12 14:27:00 · answer #7 · answered by Rich B 3 · 0⤊ 0⤋
go out for dinner instead, you will be spending your money a little better. its a scam.
2006-07-12 14:23:21 · answer #8 · answered by mike67333 6 · 0⤊ 0⤋
it's hard to say...
2006-07-12 14:23:22 · answer #9 · answered by rishathra7 6 · 0⤊ 0⤋