A good rule of thumb: if it seems too good to be true, it probably is!
I saw this one the other day, one of my Facebook friends had posted it and I didn’t even know it was a scam!
I read it and thought “Oh that’s cool, I wonder how that works!”
It wasn’t until later that I read an article about that same exact scam. It almost got me!
You may have seen a post about “Secret Sisters” gift exchange.
You know a gift exchange, you buy a gift for some anonymous person with the idea that you get a gift from an anonymous person in return. It’s just fun!
But they’re saying this Secret Sisters deal is actually an illegal pyramid scam.
What got me was the post said the idea is you send in a gift and in return you can get like 36 gifts, depending on how many people participateI’m like how?
So what they do is, the invite asks you to provide your name and address and personal information of a few additional friends and you add it to the list. This list is supposedly a list of everyone who is participating.
So you add all this info to the list, then you send out your own invitation to your friends so the cycle can continue.
What happens is, you’re left with buying and shipping gifts for unknown individuals, in hopes that you’ll receive the number of gifts you were promised. Unfortunately, it doesn’t happen. You’re shipping out all these gifts and getting nothing in return!
Just like any other pyramid scheme, it relies on the recruitment of individuals to keep the scam afloat.
Once people stop participating in the gift exchange, the gift supply stops as well.
And this is serious, this isn’t just some dumb thing on Facebook because participants could face jail time, fines or a lawsuit for mail fraud.
Again, if it seems too good to be true…it probably is!!