Mon, 15 Dec 1997

Beware of what scam

As a reader of The Jakarta Post, I have noticed that Mr. Bill Guerin's letters have frequently appeared in the "Your Letters" column. At times, the contents gave me cause to become amazed at the poor logic presented.

In his letter Beware of the old scam he has done it again. It is very obvious he does not really know what he was writing about. Yes, Future Strategies offers a money making scheme that works. Just ask all these fortunate people who decided to participate and patiently waited to reach the top position. That bank account in Kelapa Gading must have belonged to a fortunate person at the top position of the pyramid who should by now be in a financially comfortable position.

Yes, they first spent US$120 (not $80) but within a week or so were safely reimbursed by three clever (not silly) other people.

So, in fact, they did not have to invest a single dollar at all. A great way to get rich? Yes, Mr. Guerin, a great way indeed. Devastating for anyone in Indonesia investing in it? Not at all. Obviously only those who can come up with $120 for a week or so will take part. How does Mr. Guerin know that the number of people likely to pay $120 (not $80) for this kind of certificate is extremely low? Based on which of his surveys?

No, this is not a scam Mr. Guerin. Furthermore, to compare the introduction of this scheme with flooding Indonesia with pornography goes beyond my comprehension. It is such an absurd statement. We don't need the scam you so often present through this newspaper.

Name and address

Jakarta