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samwsamwsamw
26-05-2004, 12:34 PM
I came across this the other day and thought it might be of interest.

To make money you simply send out an e-mail to 40 people asking them to deposit £3 in the paypal account of the person at the top of a list of 5 names. The last name on that list would be yours. They then delete the name of the person they sent the money to, add their name to the list at number 5 and forward the list and instructions on to another 40 people.

If you send out your email to 40 different people, you can expect at least 5 of those people to do exactly what you did (12.5% of 40 = 5). By this time, your email address will have moved up to Number 4 in the list, and this list will now have reached around 200 people (5 x 40).

Out of those 200 people, you can expect at least 25 of them to participate (12.5% of 200 = 25), so that's a further 1,000 emails (25 x 40) being sent out and your email address will have risen to Number 3 in the list.

Out of those 1,000 people, you can expect at least 125 of them to participate (12.5% of 1,000 = 125), so that's a further 5,000 emails (125 x 40) being sent out with you now at the Number 2 position.

Out of those 5,000 people, you can expect at least 625 of them to respond (12.5% of 5,000 = 625), so that's 25,000 emails (625 x 40) being sent out with YOUR ADDRESS at the Number 1 spot!

Now, out of those 25,000 people, you can expect around 3,125 of them to respond (12.5% of 25,000 = 3,125). And since you will now be at NUMBER 1 in the list, you will receive: £9,375 (3,125 x £3).

I’m not saying that this will work and as you will see my name is at number 5 so I’m still waiting to see if I get a penny. But the most I’m going to loose is £3 but I could end up with a new range rover (well if I do it 6 times!)

So you will need a paypal account from www.paypal.co.uk which will require you having a credit card and e-mail address and that’s about it.

So if you think this might work try it. If you see a pitfall that could cost me then please let me know.

So the list as it stands

1: andyfear@yahoo.com
2: Amblehurst@aol.com
3: amazingeddie@hotmail.com
4: s.goon@gomezac.com
5: samwsamwsamw@yahoo.com

LEE
26-05-2004, 12:48 PM
This is just a new variation on the old 'Pyramid Scheme' scam that has been going around in one form or another for many years. I would advise everybody to avoid it like the plague as it has caught lots of people out in the past and invariably ends up costing you money for no return. Also it is illegal.

CLICK HERE FOR MORE INFO (http://skepdic.com/pyramid.html)

EarthMother
26-05-2004, 03:56 PM
Yes, Totally avoid this scam.