PLEASE READ THIS B4 YOU MAKE A
HUGE MISTAKE!!
The Fraud
The problem is that the scheme
cannot go on forever because
there is a finite number of
people who can join the scheme
(even if all the people in the
world join). People are
deceived into believing that
by giving money they will make
more money ('with an
investment
more

PLEASE READ THIS B4 YOU MAKE A
HUGE MISTAKE!!
The Fraud
The problem is that the scheme
cannot go on forever because
there is a finite number of
people who can join the scheme
(even if all the people in the
world join). People are
deceived into believing that
by giving money they will make
more money ('with an
investment of just $100, you
will receive $900 in return').
But no wealth has been
created; no product has been
sold; no investment has been
made; and no service has been
provided.

You Could Be Prosecuted

Sometimes posters claim that
these schemes are completely
legal, claiming they are
mailing list or recipe
services. These posters may
even cite title 18, sections
1302, 1341, 1342, and 1343 of
the 'Postal Lottery Laws.'
These sections are part of the
U.S. Code. I'm sure that none
of these people have actually
read them, because they do not
authorize pyramid schemes. In
fact, these are the very laws
that make pyramid schemes
illegal. (Take a minute to
read 18 USC 1302, 1341, 1342,
and 1343 for yourself.)

They may also claim that their
e-mails are legal under 'S.
1618' or 'H.R. 3113.' These
were bills in the U.S.
Congress that failed to become
law. They have no legal
effect.

Pyramid schemes have long been
illegal when conducted by mail
in the United States or
Canada. The same laws apply to
Internet chain letters if the
mails are used at any point in
the scheme.

The latest twist in these
schemes is to claim to be
selling something, such as
reports, mailing lists, or
recipes. The U.S. Postal
Service warns:

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.

Legal Note

I sometimes get requests
asking me to comment on the
legality or repute of a
suspicious-looking scheme. I
am not a lawyer, so I cannot
make legal conclusions about
specific matters. All I can
tell you is to avoid anything
that looks anything like a
pyramid scheme or that seems
too good to be true. If you
start or participate in one of
these schemes, you risk jail
time or large fines. It's not
worth the risk.

Category Autos & Vehicles

Tags the, online, cash, system, gifting, scam, pyramid, scheme, jail, money, to, your, door