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Article #51

Re: Turn $5 into $50000!

#51
From: R. Urban
Date: Thu, 31 Oct 1996 00:00
81 lines
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Uncle Bob wrote:
> 
> globalcafe (guest@www.mtx-palace.globalcafe.ch) wrote:
> 
> : I'M NOT JOKING THIS IS A GREAT OPPORTUNITY
> : BUT, DON'T TAKE MY WORD FOR IT JUST TRY IT.  IT ONLY TAKES
> : A FEW MINUTES.
> 
> : I saw an article in an internet newsgroup telling me I could make
> : $50,000 within a month for an investment of only $5.
> 
> NOT!!!
> 
>    Postal Inspection Service
> 
>    Chain Letters
>      _________________________________________________________________
> 
>    A chain letter is a "get rich quick" scheme that promises that your
>    mail box will soon be stuffed full of cash if you decide to
>    participate. You're told you can make thousands of dollars every month
>    if you follow the detailed instructions in the letter.
> 
>    A typical chain letter includes names and addresses of several
>    individuals whom you may or may not know. You are instructed to send a
>    certain amount of money--usually $5--to the person at the top of the
>    list, and then eliminate that name and add yours to the bottom. You
>    are then instructed to mail copies of the letter to a few more
>    individuals who will hopefully repeat the entire process. The letter
>    promises that if they follow the same procedure, your name will
>    gradually move to the top of the list and you'll receive money -- lots
>    of it.
> 
>    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. (Chain letters
>    that ask for items of minor value, like picture postcards or recipes,
>    may be mailed, since such items are not things of value within the
>    meaning of the law.)
> 
>    Recently, high-tech chain letters have begun surfacing. They may be
>    disseminated over the Internet, or may require the copying and mailing
>    of computer disks rather than paper. Regardless of what technology is
>    used to advance the scheme, if the mail is used at any step along the
>    way, it is still illegal.
> 
>    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."


Also, check out http:www.fraud.com and then pass this site on to others.
Don't you just about groan everytime someone posts a "Turn $5 into 
$50000!" type message to the newsgroup? It's such a scam.
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From: "R. Urban" <a#urban@cwemail.ceco.com>
Subject: Re: Turn $5 into $50000!
Date: 1996/10/31
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