Have You Heard of This Paypal Thing?

Updated on January 10, 2008
J.N. asks from Westerville, OH
9 answers

I won't go into the details of how it works, but has anyone on here tried or heard of a 'pay it forward' type of quick money scheme? You "donate" $5 to two seperate people on an email list of 5 addresses, add yours to the list and you send off a message. Then supposedly you get thousands of dollars back into your paypal account from others 'donating' back to you. Supposedly it's been on 20/20 and Oprah, but I don't watch those shows. Am I in the dark on this one?

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So What Happened?

Thanks for everyone who responded. I wasn't about to try it out, but I was surprised that I had never heard of it until now. Your links to sites to find out the truth on scams helped a lot - I had never seen those before either (maybe I'm living in a black hole haha). This scam is posted on www.truthorfiction.com.
For those that were interested in my 4 home businesses, I hope that I was able to answer all of your questions. Take care ladies and thanks again!!

More Answers

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4.

answers from Toledo on

It's a scam! Run!

$5 may not sound like a big investment - but once you send your $5 to this place these people have all of your paypal info and can wipe out the bank account that is tied to your paypal account.

Don't do it!

1 mom found this helpful
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L.H.

answers from Cleveland on

Hi J.,
I haven't heard of it but sometimes if you go to www.snopes.com it will let you know about things like that and if they are true or not. I'm not sure if it just deals with "myths" or "urban legends" just on the internet or elsewhere as well. I go there when I get certain types of emails. Especially if they are emails about computer viruses.
L.

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S.C.

answers from Lexington on

I would NOT do this as it sounds like a big scam.

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T.P.

answers from Canton on

It's a scam, I'd advise you not to do it.

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M.P.

answers from Cleveland on

I have to agree w/ all the other moms who posted...sounds like a scam to me...

two helpful websites to check emails/forwards that you receive:

www.truthorfiction.com
www.snopes.com

good luck

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A.K.

answers from Columbus on

I had someone tell me about this...and being the gullable person I can sometimes be, I did it. Do not do it. It is a scam. They will send you an email that tells you how to word your emails to the other people you are supposed to trick into send you the money. I ended up just deleting the email and forgetting about it. Don't waste your time or money.

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K.N.

answers from Cleveland on

i've never gotten the email but i have gotten letters in the mail, basically it is legal only because you are basically seeling this piece of paper, they get your name from mailing companies along with a list of other names and then they want you to order your own list add your name to the bottom of thier paper and mail it out to a bunch of ppl, the more ppl you mail it to the more money you make, or so it goes, i've considered it but well yeah it seems really fishy but i haven't seen it on tv or in email form.

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A.K.

answers from Lima on

I don't think it's legit! I did this awhile back and I got nothing deposited into my account. Just sent someone my $5 and didn't get anything in return

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B.R.

answers from Columbus on

J.,

This is a pyramid scheme, and they are illegal.

They don't work. Run away as fast as you can!If it's been on Oprah, it's because it was a con game. Don't associate Paypal, a legitimate purchasing service, with the pyramid scheme.

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