http://www.state.ia.us/government/ag/consumer/press_releases/pyramid-release.html
http://www.mlmwatchdog.com/RC_DamselGift.html
http://mlmwatchdog.com/Resources_Gifting.html
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.
Duration : 0:5:32
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I help people …
I help people increase their financial accounts through various programs…also I help website owners increase the traffic to their website…..
Please write …
Please write English correctly.
Lady, people are not going to give you their money because if they did that to everybody and lazy people don’t work, they are out all that money.
why u say?
why u say?
i say u and me …
i say u and me start a pyramid what u think mrs B ???
what do u do ?
what do u do ?
The illegal part is …
The illegal part is that people ARE soliciting for cash gifts, selling IS involved, and the givers ARE expecting something in return.
Far different from giving to a loved one, friend in need, or charity organization.
That’s why all cash gifting operations have givers sign a non-solicitation statement and gifting statement, where the giver declares that he or she was not solicited for the gift and that he or she is not expecting anything in return. All lies.
I can show you how …
I can show you how to rake in money unstead of leafs. Check out this……………….
ez2wealth(dot)yolasite(dot)com
carbon copy pro is …
carbon copy pro is also another fly by night get rich scam thats trying to sucker people in for thousands of dollars
Also, TOCS was …
Also, TOCS was started by 2 scammers who was busted by the feds who ran a pyramid scheme called PAS awhile back. These are people with a criminal record on them. Are you sure your life is worth the risk getting HAMMERED by the FTC?
She’s right. It IS …
She’s right. It IS ILLEGAL. Cash Gifting ias an ILLEGAL ACTIVITY if promoted under an organization that recruits people specifically for giving cash without value(product)attached to it. Who enforces this law? The FTC. What they say is the only thing that matters.
First they spend …
First they spend their time making a video about how they got cash in mail then they drive you to their website to brainwash you some more finally they empty your pockets.
Thank you sooo much …
Thank you sooo much for putting this up !
Thank you for the …
Thank you for the information…i’m making money online but never would I make money by doing cash gifting!!
Good stuff here!!
TOCS is bullshit …
TOCS is bullshit and I hope the people who run it will burn in hell
everyone is …
everyone is about a diferent thing , she is talking about this cash system and how it works, its ok to send money by mail iv send money to my mom by fedex but i meen what she is tryng to say is that paying 500$ (THAT A LOT) to someone you dont know in hope you will get the money back and in hope you will get some more money back is just BS :] so stop about the sending $ is leagal or not and get the point of the message shes giving .
great video
great video