gary, we'll have disagree here. This usage of e-gold can only add bad PR to
the e-gold name. e-gold should take action to prevent the use of their system
by these scams, and this is a scam no matter what your definition of ethics
happens to be. I hope your defensive statements are not based on your personal
involvement in something like this.
gary wrote:
> 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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