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Paypal Plan Pyramid Scheme

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Hi.

Just got the below email from a friend.

I can't believe that people still fall for this rubbish.

It's always a scam if they start by saying:

"it is not a scam"

"It actually works"

Or that the person, who's kindly helping all us out by showing us these schemes, has tried the others and they have all been scams - but this one is the only real deal that he's found.


Now I'm annoyed that I was sent this by a friend. Annoyed that this means he's spent money on it. I sent him a kind email suggesting that he contact all the people he emailed and ask them NOT to send any money.

So why do people (like my friend - who I know isn't stupid) continue to join these schemes? Does greed really make their brains switch off?

Anyway - it's long but here goes ....


.....


Dear EBay / PayPal customer I am sending you this email as you are a past contact of mine on EBayorthrough PayPal. Please do not delete this before reading it in full - it is not a scamandis not junk mail! - It actually works. I am a genuine user of EBay andPayPal. I am absolutely skint especially with the debt of Christmas hangingover myhead and have got nothing to lose from trying this, so fingers (legsandarms) crossed. Yes, you like myself have no doubt had this idea put forward before,but notin connection with 71 million PayPal accounts. PayPal have alsoadmittedthat this is legal. The person who sent me the email has already started benefiting fromtheplan. All it involves is a one off initial payment of £3.00 and approximately 15to 20 minutes of your time. These are some of the e-mails and proof that I came across whichfinallymade me decide that I wanted to try this. "What an amazing plan. I followed the instructionsjust 3 weeks ago, and although I haven't made 10 grand yet, I amalready upto £6,135. I am absolutely gob smacked" - Alan Humphries, Leicester "Well what can I say? I sent out 40 e-mails like the plan said then Ijustforgot about the whole thing. To be honest, I didn't really thinkanythingwould come of it, but I checked my PayPal account a week later andthere wasover £3000.00 in it!!! After 30 days I now have over £11,000 to spend"-Lisa McDonald, Northampton "I was shocked when I saw how much money came flooding into my PayPalaccount. Within 3 weeks my account balance has ballooned to £7,449. AtfirstI thought there had been some kind of error!" -Richard Barrie, Cirencester "I was very sceptical when I first read this e-mail, nearly deleted itbutthen I thought about it & decided to give it a go! I spend more than £3perweek on the lottery, so what's a one-off payment of £3 going tomatter?!!I've got my fingers crossed that I'll have some extra spending money inmyPayPal account, by the time I go away inJuly!" - Dawn Brown, Leicestershire. (PS.Wishing good luck &fortune to you all!) If you are eager like I am by this stage, then read the instructionsoutlined below that are from the original e-mail. It is really so easyto do- then you can just sit back and wait for those payments to go intoyourPayPal account. INSTRUCTIONSThe first thing you need to do is send a £3.00 payment from your PayPalaccount to the FIRST email address in the list below, along with a notesaying "PLEASE ADD ME TO YOUR LIST". Instructions on how to send apaymentare under "SEND MONEY" at the PayPal site. It is very easy. The current list is:1.. xxxxxx 2.. xxxxxx 3.. xxxxxx 4.. xxxxxx 5.. xxxxxx

*Please ensure that all email addresses are typed in CORRECTLY,otherwisenoone will benefit from this. Copy and paste this page (and make any necessary changes) Remove theemailaddress that you have paid from the number 1 spot,move all the others up a space, and insert your own email address inthenumber 5 spot Then send the page to as many people as you can. A good way is to send it to all the people in your PayPal history.(GO TOHISTORY TAB AND THEN DOWNLOAD COMPLETE LIST OF PEOPLE YOU HAVE TRADEDWITH) ALL I WOULD LIKE TO DO NOW IS WISH YOU GOOD LUCK. IF YOU ARE STILLUNSUREOREVEN IF YOU WOULD JUST LIKE TO KNOW HOW THIS WORKS PLEASE READ ON HERE'S HOW IT WORKSWhen you send out your email, your email address will initially be atNo 5on the list. That is the best position that you can be in if you wanttoearn serious money. The response rate for this program is much higher than any typicalemailmarketing campaign for a number of reasons, which are explained lateron.Aslong as you send out your emails topeople whom are likely to be interested in this program, then onaverageyoucan expect a response of around 25%. But let's be extremelyconservativeandassume that the average response rate is 12.5%! If you send out your40emails, you can expect at least5 of those people to do exactly what you did (12.5% of 40 = 5people). By the time your email address will have moved up to No 4 inthelist, and this list will now have reached around 200 people(5 people x 40 emails = 200 people). Out of those 200 people, you can expect at least 25 of them toparticipate(12.5% of 200 = 25 people) so you are now reaching around1000people (25 people x 40 emails = 1000) and you are now at No 3 on thelist. Out of those 1000 people, you can expect at least 125 of them toparticipate(12.5% of 1000 = 125 people) so you are now reachingaround 5000 people (125 people x 40 emails = 5000) and you are now atNo 2on the list. Out of those 5000 people, you can expect at least 625 of them toparticipate(12.5% of 5000 = 625 people) so you are now reachingaround 25000 people (625 people x 40 emails = 25000) and you are nowat No1on the list. Out of 25000 people, you can expect at least 3125 of them toparticipate(12.5% of 25000 = 3125 people) so since you are at theNo 1 spot you can expect to receive around about £9,375 (3125 peoplex£3.00= £9,375) So when your name hit's the No 1 spot, it will be YOUR turn tocollect themoney. Over the course of 30 days, this money will be sent to you by a fewthousandpeople just like yourself, who are willing to invest £3.00 and 20minutesoftheir time to receive around £10,000 or more in cash. The firstpaymentswill arrive within a few days and then they will continue at the rateofabout 100 payments per day for about30 days (obviously this will depend on how quickly you act andhow quickly people take you up on this offer and then pass it on).Afterthat time, the volume of payments begin to taper off as youremail is removed from the No 1 position. That's all you need to do! There will be around £10,000 in £3.00paymentswaiting for you in your PayPal account within the nextfew weeks. £10,000 for just 30 minutes work! This is real money thatyoucanspend on anything you wish! Just deposit it to your own bank account or spend it directly fromyour PayPal account!!! It's just that easy!!! I think it's WORTH IT, don't you? Remember, the 12.5% example above is assuming that 35 out of the 40peopleyou send your email to will do absolutely nothing except delete youremail.However, if you follow the plan correctly and send your emails onlytopeople who are likely to want to participate, you can expect atypicalresponse-rate ofaround 25%. Hence, the 12.5% example is only given as aworst-case-scenario. Additionally, the above example assumes that each participant willonlysendout 40 emails. Imagine what would happen if eachparticipant sent out 1,000 emails instead of just 40! Believe me,manypeople will do this and much more! Unlike many other MLM programs, this 5-LEVEL PROGRAM costs you only£3.00which is much more realistic and provides much, muchfaster results.Only the first person on the list gets your £3.00gift, buteveryone in the list will rise to that Number 1 position as thousandsofemails are being sent out. No cheating can occur (don't be fooled byclaimsthat this system can be cheated) as PayPal only allows one accountperperson. Because it is so easy, the response rate is VERY HIGH and VERY FAST -Internet email FAST, and you will start seeing dramatic results inlessthanone week! JUST IN TIME FOR NEXT MONTHS BILLS! Thank you, and good luck in your ventures. Ps . You can download your PayPal history as a MS Excel file, this isagreat way to quickly access all your stored email address's from yourPayPaltransactions, to send this email on to another













......




p.s. would paypal do anything to stop this? Doubt it as they still get their fees.

Comments

  • gyzmo
    gyzmo Posts: 624 Forumite
    Part of the Furniture Combo Breaker
    If the main purpose of the plan is to induce others to join on the promise of a reward, then it is illegal under several different Acts. What rings trues is that if it sounds to good to be trues, then it probably is!
    Don't bother trying to sue me - I've got no money!
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