Whether or not this is a "scam" depends on your definition of "scam".
It is a pyramid and that is actually pretty well explained on the web
site, anyone entering these programs who doesn't know how they work
needs to stay off their computers. It is just a form of gambling, for
you to win, someone else must lose and that's how gambling works.
I don't see why e-gold needs to be "protected" from these programs,
e-gold is just a payment service and should stay out of account holder's
business. There is more than enough of that BS going on with banks
these days. Besides, if e-gold got "protected" from all of these sorts
of programs, they would lose at least 75% of their business, if not
more.
----- Original Message -----
From: <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Sent: Friday, October 13, 2000 2:36 AM
Subject: [e-gold-list] Warning on scam using e-gold
> It appears that someone is once again using e-gold for a 'gifting'
> club scam. This is disquised as a loan program, but without any hope
> of refund. This surfaced at the Scam Free Club website and I am
> reporting it here in hopes that someone at e-gold might take action.
> This is the URL:
>
> http://www.FastEgold.bizland.com/
>
> We have to stop things like this to protect the name of e-gold!
>
> David Brooks
> TWP Marketing
> [EMAIL PROTECTED]
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