SCAMwatch is warning Australians to be on the lookout for a new chain letter scam seeking to take advantage of the current economic climate.
Reports to SCAMwatch indicate that consumers in Australia are receiving letters advising they have been chosen to be one of the first to participate in a plan designed to beat the recession. The letter claims that you can earn over $600,000.
In the letter, Beverley Martin, reputedly from the UK, says she set herself up for life when she discovered a new way to tackle the recession. She claims her plan has enabled her to bank over £750,000 in the past 12 months and allows her to make a consistent six figure income – it requires no staff and only a tiny set up capital (less than $200).
The letter contains instructions on how to implement Ms Martin's 'plan'. The recipient is asked to send $20 to the person at the top of a list of names enclosed with the letter, add their name to the bottom of the list, copy the letter and send it on to at least 200 people. The recipient is advised that to make the transaction legal in Australia they should add a particular comment when enclosing the $20 i.e. 'please accept this $20 gift'.