Book Exchange Pyramid Scheme Illegal

The secret sister gift exchange campaign quickly became popular a few years ago through facebook posts promising participants would receive up to 36 gifts in exchange for sending one gift.

Book exchange pyramid scheme illegal. Not only is this a pretty straightforward pyramid scheme which are extremely illegal in the united states but it s also a form of illegal gambling says the u s. Diver uncovers enormous shark tooth off the coast of venice. Pyramid schemes are illegal in canada and this gift exchange is considered a form of gambling and participants could be subject to penalties such as jail time fines or a lawsuit for mail fraud.

Participating in a gift exchange like this could get you in hot water for mail fraud. If you receive an invitation to join a pyramid scheme disguised as a gift exchange on social media report it. Basically if you were recruited by someone you d buy a book and send it to the person who recruited the person.

Many of these pyramid schemes act like chain letters that play on your emotions. These gift exchanges while they look like innocent fun are really pyramid schemes and are considered illegal. A secret santa esque gift exchange has.

Last week we wrote about a pyramid scheme called the kids book exchange that claimed participants could receive 36 books just for buying 1 book and sending it to a person on top of a list and recruiting 6 other people to do the same. Each holiday season the scheme pops back up. This is a pyramid scheme and it is illegal in the united states.

Not only do you run the risk of not getting books you run the risk of getting into legal trouble. Social media gift exchange is an illegal pyramid scheme. Share 0 tweet 0.

These gift exchanges are really pyramid schemes and are illegal. These gift exchanges while they look like innocent fun are really pyramid schemes and are considered illegal. Here are some articles with more information so you don t have to take my word for it.