Scams - Chain Letters
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A chain letter is one, which you need to send to many persons on a specific list. You remove the topmost name or email address on the list and forward it adding your name or e-mail address at the end. Chain letters come in different forms and shapes but all are illegal. No chain letter system works in reality and all are only scams.
Chain letters are to deliver you certain amount for continuing the chain. Some people tend to continue as in most cases people do not spend much on carrying with the chain. If you overview chain system practically, you can understand that if everyone adheres to system sincerely, total population of any country can be covered easily and within short time. Then chain becomes irrelevant and whole thing appears a fiasco.
Chain letters also take a different form through Pyramid or Ponzi schemes. These multi level marketing schemes function with the only aim of bringing along more salespeople rather than sell any product. Most people receiving such chain letters throw them off as a joke and do nothing. In most cases, since there is no specific product or service involved, it is not worth continuing with chain. Rather it is beyond law. You cannot pinpoint any particular person or company behind such chain letters. Therefore, most people erase out almost all names in the chain and instead put in names of their family members and relatives to earn whatever profits or gains that may arise from such chains.
Usually, mailing list companies control circulation of such chain letters. A few names or ads at bottom of chain refer to such mailing list companies. They profit through free advertising as people signing for chain buy cheap mailing lists from companies or company listed at the end.
You also receive such chain letters through emails. It is best to have disposable e-mail address for such chain letter mails. You may use this e-mail address wherever you want to preserve or withhold your identity. You can even delete such e-mail address if you find many scams coming into your account.
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