Ever since email it is now very prevalent through the Internet community and practically everyone has seen this type of scam in their inbox.
How it starts off is someone is to send a little cash to each of the names listed in the email and to send it to their address. Than after you send that money to those people, you put your name and address on the line and send it out to everyone you know. They are supposed to do the same thing and in this return every time someone sends money to everyone on the list everyone gets paid.
Federal Trade Commission (FTC) about Chain Letters
Chain letters that involve money or valuable items and promise big returns are illegal. If you start one or send one on, you are breaking the law. Chances are you will receive little or no money back on your "investment." Despite the claims, a chain letter will never make you rich. Some chain letters try to win your confidence by claiming that they're legal, and even that they're endorsed by the government. Nothing is further from the truth. If you've been a target of a chain email scam, contact your Internet Service Provider and forward the email to the FTC at spam@uce.gov.
How it starts off is someone is to send a little cash to each of the names listed in the email and to send it to their address. Than after you send that money to those people, you put your name and address on the line and send it out to everyone you know. They are supposed to do the same thing and in this return every time someone sends money to everyone on the list everyone gets paid.
Federal Trade Commission (FTC) about Chain Letters
Chain letters that involve money or valuable items and promise big returns are illegal. If you start one or send one on, you are breaking the law. Chances are you will receive little or no money back on your "investment." Despite the claims, a chain letter will never make you rich. Some chain letters try to win your confidence by claiming that they're legal, and even that they're endorsed by the government. Nothing is further from the truth. If you've been a target of a chain email scam, contact your Internet Service Provider and forward the email to the FTC at spam@uce.gov.
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