We received a chain letter in the mail it stated," that if everyone sends a dollar a piece to each of the six names on the list and then placed your own name on the list and mailed it to two hundred people who then did the same thing. The money would just keep rotating, with each rotation each name rotates down the list until it flips over six times and everybody is rich. It sounds like a scam and probably is but it seems like if everyone did like it says it just may work.Is this legal and does it work?
2006-12-03 07:45:01 · 8 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
Please don't fall for it. It does not work. Some pyramid schemes are illegal, other are not. They are all a waste of time and money. Save your dough for X mas.
2006-12-03 08:02:49 · answer #1 · answered by profile image 5 · 0⤊ 0⤋
This is what is known as the old pyramid scheme and it is illegal. I wish all kinds of chain letters were against the law. They're an invasion of privacy, at the least.
2006-12-03 15:58:46 · answer #2 · answered by beez 7 · 0⤊ 0⤋
Maybe not, or maybe so.....what difference does it make?..... legal or illegal....it's still a scam....son got one 2 weeks ago.....he was excited. He was going to have to put dollars into stamps, envelopes and etc. Surprising they never place a return address on the envelopes...what does this tell you?.....Son wised up (thank goodness)
2006-12-03 16:07:47 · answer #3 · answered by SouthernLiberty 2 · 0⤊ 0⤋
Proof of illegality as of 1935: http://www.silcom.com/~barnowl/chain-letter/bibliography.htm
Recent court case where someone was convicted of a felony for running this type of letter: http://www.ftc.gov/os/2002/02/boivincmp.pdf (case) and http://www.ftc.gov/os/2002/02/boivinjmnt.pdf (judge's ruling).
2006-12-04 01:04:09 · answer #4 · answered by Wolfman 4 · 0⤊ 0⤋
everything is legal as long as you tell the truth
even going door to door collecting money for yourself is legal since you are the charity
but claiming to collect money for the cancer society and pocketing it is called embezzlement and fraud
2006-12-03 15:48:39 · answer #5 · answered by the wise one 2 · 0⤊ 1⤋
It may be leagal but they hardly ever (more like never) work..
2006-12-03 15:52:21 · answer #6 · answered by parrothead2371 6 · 0⤊ 0⤋
Maybe not and Definitely not
2006-12-03 15:49:25 · answer #7 · answered by ArtieLange 2 · 0⤊ 0⤋
NO and NO
2006-12-03 15:52:33 · answer #8 · answered by ridingorracing 6 · 0⤊ 0⤋