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Obviously, most are going to say don't get suckered in . But if the total outlay of cash is only about $50. Wouldn't it be worth it to try? The gimmick is to buy their mailing list. Anybody out there actually try this stuff?

2006-09-14 15:38:48 · 18 answers · asked by Lee K 1 in Business & Finance Investing

18 answers

it is a CHAIN LETTER, it is a pyramid scheme and it is illegal in the United States. Here's the scoop from the United States Postal service: http://www.usps.com/postalinspectors/fraud/chainlet.htm

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.

The main thing to remember is that a chain letter is simply a bad investment. You certainly won't get rich. You will receive little or no money. The few dollars you may get will probably not be as much as you spend making and mailing copies of the chain letter.

Chain letters don't work because the promise that all participants in a chain letter will be winners is mathematically impossible. Also, many people participate, but do not send money to the person at the top of the list. Some others create a chain letter that lists their name numerous times--in various forms with different addressee. So, in reality, all the money in a chain is going to one person.

Do not be fooled if the chain letter is used to sell inexpensive reports on credit, mail order sales, mailing lists, or other topics. The primary purpose is to take your money, not to sell information. "Selling" a product does not ensure legality. Be doubly suspicious if there's a claim that the U.S. Postal Service or U.S. Postal Inspection Service has declared the letter legal. This is said only to mislead you. Neither the Postal Service nor Postal Inspectors give prior approval to any chain letter.

Participating in a chain letter is a losing proposition. Turn over any chain letter you receive that asks for money or other items of value to your local postmaster or nearest Postal Inspector. Write on the mailing envelope of the letter or in a separate transmittal letter, "I received this in the mail and believe it may be illegal."

2006-09-14 16:58:43 · answer #1 · answered by Piggiepants 7 · 0 0

Delilah Regan Jocelyn Harlow Sydney Briar Violet Wynter Luna Caprice Fallon Everett Lennox Corbin Sebastian Leo Asher Remington Tobias Malachi " Lila, Josie, Sydney, Violet, Luna, Fallon, Knox, Seb, Ash & Tobi "

2016-10-15 00:29:07 · answer #2 · answered by Anonymous · 0 0

It is called a pyramid scheme and it is illegal. You will lose money doing this as it just seems to work for the first few people to send it out. Do not do it. Save your $50.00 in the bank till you find something legitimate to invest it in. Here are a few sites to read to understand more on this. Good luck!

2006-09-14 15:45:41 · answer #3 · answered by The_know_it_all 2 · 1 0

It never works and is illegal as well.
Chain letters, as old as the hills, and always new suckers to take the bait.

2006-09-14 15:39:47 · answer #4 · answered by Anonymous · 0 0

No. Invest the $50 instead, you're much better off.

2006-09-14 15:42:04 · answer #5 · answered by bugnscout 4 · 0 0

I'm pretty sure it's illegal. If you have $50 you need something to do with, then send it to me. I'll send you lots of stuff in exchange...OK?? ;-)

2006-09-14 15:41:59 · answer #6 · answered by just me 5 · 0 0

yes it works. start by mailing $5 to the first 10 people who answer this stupid question

2006-09-14 15:40:09 · answer #7 · answered by peanut_curry 2 · 0 1

Pyramid scheme scam!!!. I think it is illegal or maybe illegal in some states. You don't want to be in a place where they will form a pyramid on you, would you? :)

2006-09-14 15:47:51 · answer #8 · answered by worldneverchanges 7 · 0 0

Hey if you got money to throw around, just send it to me.

2006-09-14 15:41:25 · answer #9 · answered by mcdermond3 2 · 0 0

Send me $5 and I will give you the answer, you will also go on my mailing list and make $10,000,000 in 1 hour.
Click here ---->X<-----
And here ----->X<------
And Here -------------->X<------------------ All at the same time.

2006-09-14 15:42:49 · answer #10 · answered by froggy010101 4 · 0 0

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