cyberworld .....of ...PONZI SCHEME

kidslick · Mar 29, 2005

<TABLE cellSpacing=0 width="100%" border=0><TBODY><TR><TD width="100%">this is the first time i have seen this with the use of paypal or neteller


anyone have any comments ?? can this be done

i am not here to promote it or bash it 

just find it curious

any moderators would like to move it be my guest

i copied this from all place LETITRIDESPORTS


srry about the width






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I thought it was impossible. Just read this. I don't even have to convince you that this is not a scam because it makes logical sense how you can earn money through paypal.
A little while back, I was browsing through a newsgroup, just like you are now and came across an article similar to this that said you could make thousands dollars within weeks with only an initial investment of $6.00! So I thought, "Yeah, right, this must be a scam", but like most of us, I was curious, so I kept reading :
OPRAH WINFREY and an article published in the Wall Street Journal, here is some of it!!
Everyone has heard about "PayPal" (if you haven't you will soon) and, when I came
across this concept I knew it would work because, as a member of PayPal, I had already experienced their efficiency and excellent standing. PayPal is the simplest method of making and receiving payments online anyone has ever seen! Anyone with an
email address can join, for FREE! Please read further before you go there...
You can complete this whole process in less than one hour and you will never forget the day you decided to do so!!! Oh!, Did I say FAST? By fast I mean 'the speed of the Internet-type fast.' Everything is done on the Internet by E-mail. And, if you abide by the rules, it is NOT considered SPAM, so it's perfectly legal!
Anyway, it said that you send $1.00 through paypal to each of the emails stated in the article. You then place your own email address in the bottom of the list at No.6, and post the article in at least 200
newsgroup. (There are thousands) No catch, that was it. So after thinking it over, and talking to few people first, I thought about trying it. I figured what have I got to lose except $6.00, right?
Like most of us I was a little skeptical and a little worried about the legal aspects of it : It follows the same regulations as the mailed chain letters, which according to the U.S. Post Office (1-800-725-2161) is indeed legal! Then I invested the measly $6.00. Well GUESS WHAT!!?. Within 7 days, I started getting money in my PayPal account! I was shocked and excited! I figured it would end soon, but the money just kept coming in. In my first week, I made about $25.00. By the
end second week I had made a total over $1,100.00! In the third week I had over $9,000.00 and it's still growing. This is now my fourth week and I have made a total of just over $22,000.00 and it's still
coming in rapidly. Its : Certainly worth $6.00., I have spent more than that on the lottery!! : Let me tell you how this works and most importantly, why it works? Also, make sure you print a copy of this
article NOW, so you can get the information off of it as you need it.

REQUIREMENTS: You must have a verified PayPal account. If you do not have an account you can go to www.paypal.com and follow the instructions to set up a free account. In order to place the initial $6 into your account, you will have to verify your bank account with PayPal (which may take a few days). Paypal is 100% secure and is used my millions of people world wide.
STEP 1: Send, through PayPal, $1.00 to each email on the below list.
Make the subject of the payment "Email List" and in the comments,
write "PLEASE PUT ME ON YOUR EMAIL LIST." What you are doing is creating a service by this and best of all you are not giving your address to anyone you do not know.. THIS IS ABSOLUTELY LEGAL!
The email list:

1)
2)
3)
4)
5)
6)
STEP 2: Now take the 1st email off the list that you see above, move the other addresses up (6 becomes 5, 5 becomes 4, etc?.) and add YOUR email address (the one used on the paypal account) as number 6 on the list.

STEP 3: Change anything you need to, but try to keep this article as close to original as possible. Now, post your amended article to at least 200 newsgroups, message board. (I think there are close to
32,000 groups) All you need is 200, but remember, the more you post, the more money you make - as well as everyone else on the list!
---- DIRECTIONS----
HOW TO POST TO NEWSGROUPS, MESSAGE BOARD----------
Step 1) You do not need to re-type this entire letter to do your own posting. Simply put your cursor at the beginning of this letter and drag your : Cursor to the bottom of this document, and select 'copy'
from the edit menu. This will copy the entire letter into the computer memory.

Step 2) Open a blank 'notepad' file and place your cursor at the top of the blank page. From the 'edit' menu select 'paste'. This will paste a copy of the letter into notepad so that you can add your name to the list.

Step 3) save your new notepad
file as a .txt file. If you want to do your postings in different sittings, you'll always have this file to go back to. :

Step 4) Use Netscape or Internet explorer and try searching for various newsgroups (on-line forums, message boards, chat sites, discussions.)
Just example you log on any search engine like, yahoo.com,google.com, altavista.com,excite.com then you search with this subject millionaire message board? or money making message
board? or employment message board? or money making discussions? web entrepreneur forums? or money making forum? or business message board? etc. home business forums? home business boards?
BEING CREATIVE WILL BOOST YOUR RESULTS !!!
You will find thousand & thousand message board. Click one by one then you will find the option post a new message.

Step 5) Visit these message boards and post this article as a new message by highlighting the text of this letter and selecting paste from the edit menu. Fill
in the Subject, this will be the header that everyone sees as they scroll through the list of postings in a particular group, click the post message button. You're done with your first one!.
Please Be Honest and it will truely work for you: Congrats!

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t3a · Mar 29, 2005

can it be done? sure if you post something in enough plaaces you could probably find people desperate enough to send $1 to someone they don't know.

why does it use PayPal? because it is 'trusted', makes this scam sound legitimate, and can be used in conjunction with e-mail addresses to send money

should you do it/is it legal? NO. The legality is debatable, plus with the number of scams, the chances of getting prosecuted is miniscule, but with the massive volume of spam out there, why add to it?

Have you seen the ones that ask for $5 for 'instructions' to some product or service. Same deal as they claim they are selling something which they claim makes it legal

PLus trust me, if you put your e-mail address on anything like this, kiss that mailbox goodbye, becuase you will be flooded with spam, if you aren't already

EverFresh · Mar 30, 2005

Sounds reasonable :smoker2:

DELSOLII · Mar 30, 2005

I will admit. I love reading about conmen and scams.

It takes balls, intelligence and a lot of suckers to rip off.

Good luck.

Sol II

kidslick · Mar 30, 2005

plain and simple i am too too lazy to do this, but i am sure people who have paypal, which i do not have , might say 6 bucks WTF.. thats a starbucks cup of coffee for me..lol

MathProf · Mar 30, 2005

As long as Paypal allows this I'm sure that it will provide some
return, depending on how much effort you put into it.
What amazes me is that Paypal does not allow transfers to/from
sportsbooks, but allows this.
:icon_conf

Fezzik · Mar 30, 2005

Scamming for dollars

LMAO. If that is the best dress up to the Pyramid scheme these guys can do, they aren't going to make much.

MathProf · Mar 30, 2005

I believe that the original version of this "opportunity" was that you

had to postal mail six one-dollar bills to different recipients.

Imagine how many people would actually do that..............

then along came Paypal