Former news site for ex-Enron employees now promises "random $8 instant payments."
NEW YORK (CNN/Money) - In the months after Enron's spectacular collapse, a Web site called The Daily Enron drew an assorted crowd -- company
employees, burned investors, and the curious -- looking for the latest news in the unfolding scandal.
Today, visitors to www.thedailyenron.com will find something drastically different. Instead of information about lost money, visitors are told how to
make money -- gobs of it.
"Make money while you sleep, with no advertising and no recruiting!" blares the homepage. How to make this dream come true? According to the site,
simply sign up for "The Daily Enron Cash Randomizer," sit back and watch the "free money" flow.
Here's how The Daily Enron is supposed to work: every new member, after paying a $4 setup fee and registering with either PayPal or StormPay,
immediately pays $8 to another "randomly" selected member. The recipient of that $8 is part of a massive rotating database.
As each new member signs up, an existing member gets that individual's $8 registration fee. The more people sign up, the more "Random $8 Instant
Payments" there are to go around.
If this much has caught your attention, I urge you to read the entire article...
You can get upgrades ranging from $2.00 and go as high as $1,000 !
Payment odds are not clear from the site description.
It's described as a "lottery of sorts" best case and at worst a "pyramid scheme".
Robert Fitzpatrick, the president of Pyramid Scheme Alert, a consumer information Web site, said The Daily Enron smells fishy. "It's operating based
on a mathematical trick, which is that there are an endless number of people behind you putting in $8 and so it's always going to grow," he said.
Sooo anyone wanna take a chance and spend $4.00 ? This ATSer will pass too...
what's really going on here any guesses ?