I was wondering if they actually generate any income...
2007-12-04 11:40:21 · 4 answers · asked by Mariposa 2 in Business & Finance ➔ Personal Finance
Think about this for a minute. For every dollar ANYONE receives, SOMEONE is sending out $6. At some point, you HAVE to run out of people willing to fork over the $6. Unless you get paid before that happens, you DON'T get paid.
PS Chain letters such as this ARE illegal.
2007-12-04 12:57:37 · answer #1 · answered by STEVEN F 7 · 1⤊ 0⤋
Thats one of the oldest scams around - they are also called "pyramid schemes" or "chain letters."
2007-12-04 11:51:41 · answer #2 · answered by npk 7 · 0⤊ 0⤋
No, they' may generate money for the original sender, but that's about it.
2007-12-04 11:43:35 · answer #3 · answered by Bob Thompson 7 · 0⤊ 0⤋
You mean the illegal "chain letters"?
2007-12-04 12:02:54 · answer #4 · answered by Tim 7 · 0⤊ 0⤋