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Original Usenet thread from alt.ascii-art, started 5 Jan 1997.
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CASH $$$ FAST NOW$$$

CASH $$$ FAST NOW$$$

alt.ascii-art · 2 messages · 5 Jan 1997 - 6 Jan 1997
ste...@erols.com 5 Jan 1997 00:00 · permalink · report
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boursy.news.erols.com!feed1.news.erols.com!howland.erols.net!newsfeed.internetmci.com!in3.uu.net!198.80.1.4!interaccess!usenet
From: Tim <t...@suncom.net>
Newsgroups: alt.ascii-art,alt.binaries.clip-art
Subject: $$$ MATH OF CHAIN MAIL SCAM $$$
Date: Thu, 28 Nov 1996 08:16:23 -0800
Organization: Cardin Corp.
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alt.binaries.clip-art:68749

Article & Math by: Patrick Lasu 

For all Chainletter- Pyramid- and other Ponzi Schemes.

Take a minute to read this.  There seems to be an abundance of money 
making schemes going on via Internet.  Some of the schemes are
probably 
older than the promoters.  This is an informative letter to tell you
the 
truth about these get-rich-quick-schemes.  Please read on, there will
be 
Q's and A's after the facts.

"Mail a dollar to 5 people on a list, delete the first name and put 
yours on the bottom.  Then post it to 200 different Newsgroups."
Sounds 
like a good deal; however, if everybody gets 5 people to mail $5, it 
doesn't take long to run out of fools and Newsgroups (fool = anybody
who 
invests in this, not you I hope).  Here is a breakdown of the numbers,

read from left to right:

Potential
Level:          No. of People:          Newsgroups:
Earnings:
  1                     5       x200 =      1,000               $    5
  2                    25       x200 =      5,000               $   25
  3                   125       x200 =     25,000               $  125
  4                   625                Sorry, no                etc.
  5                 3,125                   more                No
Need
  6                15,625                Newsgroups                to
  7                78,125
Continue
  8               390,625
  9             1,953,125
 10             9,765,625
 11            48,828,125
 12           244,140,625
 13         1,220,703,125
 14         6,103,515,625
 15  Sorry, no more people on earth

The numbers speak for themselves.  If you were lucky and got in as
soon 
as it started, you could theoretically make $15,625.  Now, that is if 
you were lucky.

                ***   Q's and A's   ***

Q: "I know of someone who made money, isn't that proof that it's 
working?"

A: Yes, you can make money; however, you have to get in as soon as 
possible, what are the chances of that?  The other option is to start 
your own chain with 5 fictitious names and addresses, or get together 
with 4 other people and split the money you receive from the fools.


Q: "How much money can you make from this if you start your own
chain?"

A: Quite a bundle.  The nature of how its working makes it a great
money 
maker if you start one.  Here is how it works:

As soon as it's posted, hundreds, maybe even thousands (NOT 5) of
fools 
will start to send in money for the first level, delete the top name
and 
put their name on the bottom.  After a while, the first 5 people will
be 
out (or yourself with 5 false names), laughing all the way to the
bank, 
while the fools who are left are trying to catch up.  If the next few 
fools down the line were lucky, they might get some money from the 
spillover effect.  Sooner or later (actually fairly quickly), the
chain 
dies naturally, leaving the majority of the fools with no money.


Q: "Are there any proofs of this?"

A: Plenty, ask anybody who came in last.  There are hundreds of 
thousands.  Another way to prove it is through statistics and the bell

curve.  As soon as the chain starts, 97% of the fools that make up the

"belly" of the curve will answer the scheme.  You want more proof,
then 
use logic:  Look at the breakdown of the numbers on the top of this 
letter.

Q: "How come so many people are into these scams?"

A: Greed.  The people who start it up are smart but greedy.  Those who

fall for it are greedy fools.
/------------------\
|  Stephen Matta   |   _/"_   <-- Bob the Penguin
|------------------|    \/
|ste...@erols.com|    ..
\------------------/

bb wrote:

I will be forwarding a copy of this to the United States Post Office and
to the IRS.  Have fun, I know they will.  David.

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