This is a pyramid scheme and it is illegal in the United States . They may tell you that a child will miss out on free books if you don't participate, or they may threaten you with bad luck or harm if you ignore the offer, or they could include details of false success stories that may make you feel like you don't want to be left out.The book exchange is similar to other suspicious gift-exchange programs, such as the Secret Sister Gift Exchange and Secret Wine Bottle Exchange.It shares characteristics of chain letters and pyramid schemes.Pyramid schemes ask you to invest a certain amount of money or to buy a gift in order to join a club. Its probably not a big deal if people do it but its always better to be informed .Fill in your details below or click an icon to log in:Enter your email address to follow this blog and receive notifications of new posts by email.WELCOME TO CRYSTAL'S SITE(ORIGINALLY COUNTRY LIVING),CRYSTAL AND DAISY MAE'S PHOTO-BLOGGING SITE,Follow Perfectly Tolerable on WordPress.com. That would work so much better haha especially since you aren’t paying to send something to everyone!Yep, oldest scam in the book. Its just when you have an item of monetary value! those who joined later than others — are given false hope and are much less likely to benefit. Editor, writer, blogger, wife and mother. ,Yeah I doubt I would get the same results today…..we live in a different world now……know what I mean? Just remember:I did this once back in the 90’s only it was with dishtowels……I ended up with seventeen of them!,Nice! Images by Andyborodaty/iStock; pialhovik/iStock.Screenshots by Thea Thompson; Lila Carpenter. “All you have to do is buy your favorite book and send it to a stranger.” If you saw this note and dismissed it as suspicious or scammy-looking, you’re not alone. Rafi Letzter. When you comment “in” you will be sent instructions along the line of:It sounds great doesn’t it? When user A messages user B (the account on which A would have seen the original note about the exchange—stay with me here!) Here are some articles with more information so you don’t have to take my word for it: Snopes. It’s a very nostalgic kind of thing,” Zumas said. Hint: They're the suckers who enrich those who joined before them.Many people who start such pyramid schemes also find ways to "game" the system, such as by creating false names they seed throughout the list to multiply their chances of winning money or gifts.Other untrustworthy people who join later may add their name to the top of the list, instead of the bottom, thereby continually pushing the names of those who play by the rules further to the bottom.And there are other people who won't follow the instructions correctly and won't bother to send the book — or the money or other gift — as instructed in their invitation, thereby causing a break in the chain.Yes — say both federal and state governments.The U.S. “Your address is involved, but it’s person-to-person. You can cancel anytime.Slate is published by The Slate Group, a Graham Holdings Company.Slate relies on advertising to support our journalism. Trending. One could theoretically get more than 36 books—or one could end up with none. She was still working on choosing which book she would mail out when we spoke.Thompson was even willing to lay down some cash to join in on the exchange—she didn’t want to give away her copy of.The mystery of not knowing what, if anything, they would get back may be what drove some people to try the exchange in the first place, especially as contrasted with a social media landscape where endless detail means barely anything is a mystery.“There’s that excitement of getting a physical object in the mail, which is becoming more and more rare in our world. I was like, ‘How are you going to send out all these books to all these people that are participating?’ ”,But then she decided to participate because, well, free books! Under Indiana Code 24-5-0.5, called the Deceptive Consumer Sales Act, a person duped by such a scheme can sue a defendant in civil court for damages, if his or her loss exceeds $500. But if I get 36 books, I’d be happy so I’m not going to complain,” said Thompson.The number of books a participant gets would seem to be dependent on how many of his or her followers respond and then how many of their followers respond, and of course how many of them end up following through on mailing books. Katie Gregory.
“I want to send a book that could possibly mean something to someone,” Latney said. By level 10, about 97 percent of the people who participate will not get their free books.But because of the high number of new recruits needed to keep a pyramid scheme going, they often collapse after only three or four rounds. ).The thought of being down a book wasn’t enough to deter the participants I spoke to. okay, so the reason this isn't a pyramid scheme is because there isn't one kid asshole at the top that's collecting mad books. I haven’t seen this but will let everyone know. Most pyramid schemes grow exponentially and only benefit the first few groups of people to join the offer.For instance, for a scheme that requires six new recruits per member, by the time the pyramid reaches level 10, it would require 10,077,696 people to keep going, according to thatsnonsense.com, which debunks internet hoaxes. But who needs 17 dish towels?!?! The book exchange is another internet fad making the rounds.It almost sounds too good to be true for parents: You buy one book, send the offer to six of your friends and your child will soon receive dozens of books in return.However, because it's likely a pyramid scheme, the 36 book exchange you probably heard about on Facebook is one offer you should refuse.You'll receive a letter in the mail or a social media invite asking you to buy one book, send it on to a stranger on a list you receive via mail or email, then add your name to the bottom of the list, and, lastly, send the invitation letter on to six friends or acquaintances.The letter promises that if you follow the directions, you will receive 36 free books within two weeks.Some people have reported receiving free books from the book exchange — although 36 books is a stretch.But beware: Many of these pyramid schemes act like chain letters that play on your emotions.
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