Home     Forum     401k     401k Rollovers     Crypto Forum
    Register   Login   Members   Search   FAQs     Recent Posts    



It's All A Question of Legality.

Reply to topic
Money Talk > Earning & Income

Author Thread
PeterAustralia
New Member


Cash: $ 0.90

Posts: 4
Joined: 23 Aug 2005
Location: Australia
It's All A Question of Legality.  Reply with quote  

Recently my friend received a Letter in the mail. The whole "5 names on the list, send $10 to the person at the top, then put your name on the bottom". Ive read numerous threads and numerous articles on the internet about this scam, but only ever read about it in america, which is why it surprised me to know it was happening in Australia. Well, not really surprised, but i digress. I always thought that this scheme was abit stupid, and a waste of money.

But the fact remains that my friend immediately posted off the letter, and dutifully sent the $10 to person No.1 on the list.

This is an illegal scheme, as we all know. But it strikes me as one that works, and may not always be recognised as a scam by everyone, especially not some of the people involved.This scheme, and many like it are scams, but the fact remains that people still do it, and therefor make money off it.

My friend has recieved $50 to date, 7 days after sending off his own $10. I am not endorsing or trying to promote such scams, but the more epople that get sucked in, the more others make money. So are they getting sucked in, or just taking a chance with $10?

A scam? or more like just a moral dilemma of wether to abide by the law or not? What do you guys reckon?
Post Tue Aug 23, 2005 6:17 am
 View user's profile Send private message
creditlovers
Member


Cash: $ 3.45

Posts: 17
Joined: 23 Aug 2005

Luck  Reply with quote  

I think that your friend was very lucky to receive some money in return. In general, you should stay away from these type schemes. The only person making money is the person on top.

You may also want to remind your friend that it is illegal to do this.
Post Tue Aug 23, 2005 1:30 pm
 View user's profile Send private message
PeterAustralia
New Member


Cash: $ 0.90

Posts: 4
Joined: 23 Aug 2005
Location: Australia
 Reply with quote  

I reminded him, but he was right in thinking he could get away with it, that sort of thing would be extremely hard to monitor id imagine.

Ah well, some people jsut get lucky off of others stupidity.

Thats Life. Confused
Post Wed Aug 24, 2005 5:51 am
 View user's profile Send private message
netman
Member


Cash: $ 4.55

Posts: 24
Joined: 01 Jun 2005

Any fast way to earn big money ?  Reply with quote  

Yes ,thats life ,

You are very lucky that you are safe rather than sorry maybe you should try other alternatives online !!!!
Post Wed Aug 24, 2005 7:42 am
 View user's profile Send private message

Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      


Money Talk © 2003-2022

Crypto Prices