Members of The Early Warning online fraud prevention scheme have just discovered a new email Scam that targets users Ebay and the payment services provider Pay Pal The user initially receives the email below;
Hi fellow ebayer
You may recall that we've either bought or purchased an item from each other via E-Bay over the
last few years, my user ID being ****** As we've communicated during the past through ebay and PayPal, I thought you might be interested in this 'cash generation' opportunity I've decided to try.
Please do not delete this until you've at least spent a few moments to read fully.
This e-mail is going round paypal and ebay users and believe it or not, it seems to be working.
Yes, it is a pyramid selling/multi-layer marketing process, but with a downside risk of only £3.00
and large potential gains, and given it is 'internal' to this community, it seems to me to be worth a try. I figured if I make money it would be fantastic, but if I don't it's only a £3 loss, and I've probably got more chance of money on here than the lottery! Now although you don't know me personally, you will know me as a reputable E-Bayer and hopefully good to do business with, so please do not delete this before reading it in full - it is not a scam and it is not junk mail. Please note from my eBay feedback; I currently have a Feedback score of 55 or more, with 100% satisfaction. I’m happy to carry on using ebay/paypal, and have been a member for nearly 2 years. I'm a genuine seller/buyer on ebay and PayPal and a genuine person, simply hoping to earn a little bit of extra cash.
I passed on this opportunity the first time I saw it, but this time after some of my friends told me 'IT WORKS' I didn't hesitate.
You, like me, have no doubt had a similar idea presented to you before, but not in connection
with 86 million Paypal accounts. Paypal have also admitted that this is legal and trading
standards are not aware of any problem. I'm also trustworthy of the integrity of the ebay user
who mailed this to me originally, having sold several items to him last year.
It is very simple. All it involves is a one off initial payment of £3.00 and approximately 30 minutes of your time. These are some of the e-mails and proof that I came across which finally made me decide that I wanted to try this.
"What an amazing plan. I followed the instructions just 3 weeks ago, and although I haven't made
10 grand yet, I am already up to £6,135. Am absolutely gob smacked" - Alan Humphries,
Leicester
"Well what can I say? I sent out 40 e-mails like the plan said then just forgot about the whole
thing. To be honest, I didn't really think anything would come of it, but I checked my Paypal
account a week later and there was over £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 Paypal account. Within 3
weeks my account balance has ballooned to £7,449. At first I thought there had been some kind
of error!" - Richard Barrie, Cirencester
"I was very sceptical when I first read this e-mail, nearly deleted it but then I thought about it &
decided to give it a go! Some people spend more than £3 per week on the lottery, so what's a
one-off payment of £3 going to matter?!! I've got my fingers crossed that I'll have some extra
spending money in my paypal account very soon!!
The problem with these type of schemes is that usually they run out of people to pass on to - but
with over 86 million users and more joining PayPal every day, how likely is that? The other big
point is that they usually require high investment - this doesn't. It's only £3, and, as I am only
sending this to people I have dealt with, I think it's a top idea.
If you are eager like I am by this stage, then please read the instructions outlined below. It is
really easy to do - then you can just sit back and wait for those payments to go into your paypal
account.
INSTRUCTIONS:
The first thing you need to do is send a £3.00 payment from your Paypal account to the FIRST
email address in the list below, along with a note saying "PLEASE ADD ME TO YOUR LIST".
You will also have to select a subject; Service or Goods Other should be fine. Instructions on how
to send a payment are under "SEND MONEY" at the Paypal site, which we all know. It is very
easy.
The current list is:
1 ***@***
2 ***@***
3 ***@***
4 ***@***
5 ***@***
Copy and paste this page (and make any necessary changes). Remove the email address that
you have paid from the number 1 spot, and move all the others up a space, and insert your own
email address in the number 5 spot. Then send the page to as many people as you can, but to
keep it within the community, a good way is to send it to all the people in your paypal history.
To download a full history of activity to include e-mail addresses from PayPal, do as follows:
• Access your PayPal account and click the 'History' tab
• Under 'Reporting Tools', click on the Download My History link
• Click the Customise Download Fields link and remove all ticks in all visible boxes (this
shrinks your report to the minimum) and Save
• Under 'File Types For Download', drop down to select 'Comma delimited - All Activity'
• Download your history. It will take a few minutes for PayPal to prepare, then you'll have
the option to Save As. Save the file which you can then open in any standard
spreadsheet package. If you can't see the email addresses, then upgrade your account
to 'premier' status, it takes about five seconds to do!
• For privacy of other users, I've blind copied (use the Bcc: option in Outlook) all e-mail
addresses that way others don't get everyone else's e-mail address.
If you are still not sure, and I don't blame you, I read this through 3 times before deciding it was
worth it, then here is how it works.
When you send out your email, your email address will initially be at No 5 on the list. That is the
best position that you can be in if you want to earn serious money. The response rate for this
program is much higher than any typical email marketing campaign for a number of
reasons, which are explained later on.
As long as you send out your emails to people whom are likely to be interested in this program,
then on average you can expect a response of around 25%. But let's be extremely conservative
and assume that the average response rate is 12.5%! If you send out 40 emails, you can expect
at least 5 of those people to do exactly what you did (12.5% of 40 = 5 people). By the time your
email address will have moved up to No 4 in the list, this list will 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 to participate (12.5% of 200 = 25
people) so you are now reaching around 1000 people (25 people x 40 emails = 1000) and you
are now at No 3 on the list.
Out of those 1000 people, you can expect at least 125 of them to participate (12.5% of 1000 =
125 people) so you are now reaching around 5000 people (125 people x 40 emails = 5000) and
you are now at No 2 on the list.
Out of those 5000 people, you can expect at least 625 of them to participate (12.5% of 5000 =
625 people) so you are now reaching around 25000 people (625 people x 40 emails = 25000)
and you are now at No 1 on the list.
Out of 25000 people, you can expect at least 3125 of them to participate (12.5% of 25000 = 3125
people) so since you are at the No 1 spot you can expect to receive around about £9,375 (3125
people x £3.00 = £9,375)
So when your name hit's the No 1 spot, it will be YOUR turn to collect the money.
Over the course of 30 days, this money will be sent to you by a few thousand people just like
yourself, who are willing to invest £3.00 and 30 minutes of their time to receive around £10,000 or
more in cash.
The first payments will arrive within a few days and then they should continue at the rate of about
100 payments per day for about 30 days (obviously this will depend on how quickly you act and
how quickly people take you up on this offer and then pass it on).
After that time, the volume of payments begins to taper off as your email is removed from the No
1 position. That's all you need to do! There will be around £10,000 in £3.00 payments waiting for
you in your Paypal account within the next few weeks. £10,000 for just 30 minutes work! This is
real money that you can spend on anything you wish! Just deposit it to your own bank account or
spend it back on ebay directly from your 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 40 people you send your
email to will do absolutely nothing except delete your email. However, if you follow the plan
correctly and send your emails only to people who are likely to want to participate, you can expect
a typical response-rate of around 25%. Hence, the 12.5% example is only given as a worst-casescenario;
but you know how these things are - either way, it seems like a good return on
investment for just £3!!!
Additionally, the above example assumes that each participant will only send out 40 emails.
Imagine what would happen if each participant sent out 1,000 emails instead of just 40!
Anyway, unlike many other MLM programs, this 5-LEVEL PROGRAM costs you only £3.00 which
is much more realistic and provides much, much faster results. Only the first person on the list
gets your £3.00 gift, but everyone in the list will rise to that Number 1 position as thousands of
emails are being sent out. No cheating can occur (don't be fooled by claims that this system can
be cheated) as Paypal only allows one account per person. Because it is so easy, the response
rate is VERY HIGH and VERY FAST(Internet>email>FAST), and you will start seeing dramatic
results in less than one week!
If only ONE recipient pay's me their £3.00 investment, I've incurred absolutely no loss whatsoever
!!
Thank you for reading this, and good luck in your ventures.
With best wishes and kind Regards
Early Warning has confirmed that this is a Scam and Ebay and Pay Pal users are
warned not to fall for this email equivalent of a chain letter.
“I am worried as to where all this money ends up, maybe in the hands of criminal gangs
“commented Andrew Goodwill MD of Anti fraud company Early Warning UK Ltd.
Further information can be obtained by calling Andrew Goodwill @ Early warning UK Ltd
On 0870 874 4999, or by emailing admin@early-warning.org.uk
Posted
on : Thu, 09 Feb 2006 09:12 GMT | General News
By : Andrew Goodwill
|
