Make Money Fast: One of the widest-spread scams ever | Behind the hacks

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1 year ago

📱Discover the intriguing story of Make Money Fast scam. 🕵️ 🚀 Improve your online protection with a few clicks 📱👈 🔥 Get the exclusive YouTube offer: https://content.nordvpn.com/3M0mNcG 🔥 *** Make Money Fast is probably the oldest chain letter scam. Is it the biggest scam of all time? Who started it? This video will provide an in-depth explanation of the scam that paved the way for the arrival of different Ponzi schemes. Contents of the video: 00:00 Intro 00:09 Make Money Fast scam explained 00:34 Different versions of Make Money Fast scam 01:36 Dave Rhodes and the magnitude of the scam *** Make Money Fast – these three keywords describe one of the widest-spread online scams in the world. How did it all start? Buckle up — we’re going back to the ’80s. The first chain letter scam emerged at a time when people were just getting used to the internet and didn’t know what online scams were. The email read: “Dear friends, My name is Dave Rhodes. In September 1988, my car was repossessed, and the bill collectors were hounding me like you wouldn't believe. This January 1989, my family and I went on a ten-day cruise to the tropics.” Instantly dragging readers into a “rags-to-riches” narrative, the story then revealed advice on how to gain massive wealth. All you had to do was mail one dollar to the first five people on the received list of names, then add your name, address, and zip code in the number 10 position to the bottom of it, cross out the first name, and then forward the email. Someone following these steps would supposedly in turn receive one-dollar bills from random people across the US and earn more than 50,000 dollars monthly. The plot thickens from here onwards. The message from Dave Rhodes spread across email and bulletin board systems in no time. The promise of easy money attracted thousands. Unfortunately, it was all a hoax. It’s highly likely that people just sent money to scammers. Time passed, and the Make Money Fast letter circulated around the globe. New versions of the text appeared. Some were scams similar to the original. Others, however, were parodies. “Make Money Fast” turned into “Get Arrested Fast.” Dave Rhodes became Rave Rhodes or Pave Roades. But who was Dave Rhodes? No one will ever know. Some people claimed he was a student at Columbia Union College. Yet nobody had confirmed it. Most likely, Dave Rhodes was a random name that hid the identity of a fraudster. The magnitude of the Make Money Fast scam paved the way for the arrival of new Ponzi schemes and pyramid marketing techniques. They use promises of false profit to attract new prey. It’s hard to tell how many victims have sent money to fraudsters in the hope of becoming rich. Yet you should never forget – if the offer is too good to be true, it’s probably a scam. No matter if it’s Dave Rhodes or your friend writing to you. *** 📌OUR SOCIAL MEDIA 📱 🔵FACEBOOK: https://www.facebook.com/NordVPN/ 🔵INSTAGRAM: https://www.instagram.com/nordvpn/ 🔵TIKTOK: https://www.tiktok.com/@nordvpn 🔵TWITTER: https://twitter.com/NordVPN #Behindthehacks #MakeMoneyFast #Scam

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