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Providers of pramid schemes encourage the use of the PayPal legitimately on-line payments system to commit their illicit activity. PayPal does this despite explicitly forbidding the use of its system for this type of activity. The consumer receives e-mails with subjects such as "Fast easy money with PayPal" and "How to beat and high fuel prices".
They will be asked to open a PayPalccount. Sending $5 from your PayPalccount to the first e-mail in the e-mail and then sending an e-mail to the fifth individual in the group. Next, delete the first e-mail and insert your e-mail below.
Then you are obliged to e-mail at least 20 other persons. It' s said your e-mail will get to the top by the thousand when your name reaches the top. A number of emails try to give justification to the schema by saying it was published in Oprah and the Wall Street Journal.
Privileged pyramidal schemata are against the law. West Australians can expect a fine of "up to $220,000 as an individuals or $1,100,000 as a corporation for participation in or promotion of a pyramidal schema. The PayPal does not allow you to use its services for illicit activity. Part of this is also the transmission or receipt of payment for PIN systems.
They work by attracting individuals to earn money instead of offering a legit good or services. Theoretically, the more recruited you are, the more money you will earn. It is a fact that most human beings loose money because they cannot hire enough of them. Pyramids that begin with only twenty humans already need 3.2 million humans after four planes to be supported.
Don't lose your money and possible law enforcement by interfering in a psyramid system.