I received a letter telling me to send $1 to 6 people in the letter. There is a several pages to the letter that explains it but in short if you send out 200 copies of the same letter and at only 7.5 percent return you can end up making alot of money because you add your name to the list and people send you $1. It sounds like it would work. Has anyone done this and had results?
2007-04-06 01:01:40 · 11 answers · asked by Sherry C 2 in Business & Finance ➔ Personal Finance
It is illegal and only a sucker would do it.
2007-04-06 01:06:31 · answer #1 · answered by Feeling Mutual 7 · 3⤊ 0⤋
This is a SCAM!!! Don't just delete the message, ship it off to Yahoo as spam mail. Any total stranger can write anything they want to you and you will send them money? THINK, then forget the 'get rich quick, let's go out and become thieves scheme' , trash the mail, and don't respond these people. This is a scam.
2007-04-06 10:18:06 · answer #2 · answered by teacupn 6 · 1⤊ 0⤋
First, this is an illegal Ponzi scheme. Second, it doesn't work except for a tiny percentage of people at the very top of the list ... do the math.
2007-04-09 01:00:47 · answer #3 · answered by jdkilp 7 · 0⤊ 0⤋
Yes, I have responded to these types of letters on more then one occasion. In each case I did not make any money.
The best way to make an income on-line in my eyes is with a product or service that is needed or used every day by the masses.
If you are interested in hearing about such an opportunity send me an email at profitrevolution@yahoo.com
I will send you all the details.
This is a free opportunity!!
Thanks and Good Luck!
2007-04-06 09:54:57 · answer #4 · answered by Chuck R 1 · 0⤊ 3⤋
No, because it's stupid even if it wasn't illegal.
What happens if someone cheats and puts his name at the top? ChaCHING.
Sooner or later, people run out of friends who are dumb enough to participate in this. It's called a Ponzi scheme, and it inevitably crashes.
P.S. Maybe for your first federal criminal offense you should pick something where you don't have to put your name and address.
2007-04-06 08:04:27 · answer #5 · answered by Anonymous · 1⤊ 0⤋
That is what is known as a "Ponzi" scheme! It is illegal in many countries in the world. This scheme otherwise known as a "Pyramid" Scheme/Scam is doomed to fail and impact the economy and peace in many economies.
2007-04-06 08:13:52 · answer #6 · answered by ulanzi 3 · 1⤊ 0⤋
I tried one once with postcards and I got nothing. You can risk $6 and see what happens but no one down the list gets anything.
2007-04-06 08:04:57 · answer #7 · answered by Gone fishin' 7 · 1⤊ 0⤋
You'd be best off mailing yourself all $6. Then you're only out the postage.
2007-04-06 08:10:23 · answer #8 · answered by dlfield 3 · 2⤊ 0⤋
No Sorry I havn,t try this sounds intresting good luck
2007-04-06 11:03:05 · answer #9 · answered by pattibcacl 6 · 0⤊ 1⤋
Standard pyramid scheme.
Trash it
2007-04-06 08:04:30 · answer #10 · answered by wizjp 7 · 2⤊ 0⤋