Have you ever opened your mail to find a three-page letter that began with a hard-luck story about a man that had his car repossesed and had scores of creditors making his life miserable until he participated in a ‘capital accumulation program’ that raised over $800,000 in cash in only 90 days? Well, more than one of these letters has hit my mailbox over the years, and in the past, I had always filed them in the ’round file’. Last week I got another one. I actually read the entire letter all the way through this time. I thought, why not give it a try?
Let me make this perfectly clear, I do NOT expect to make any money from this scheme… I have searched the web and have yet to find a story of anyone making a lot of money from a letter like this that sounds credible. But instead of just throwing rocks at it and declaring that this is a scam, why not invest a relatively small amount of money in this experiment and report what happens on the world wide web to all that are interested? I will be THRILLED to get my original investment back. I admit that I have bought lottery tickets before, so have tens of millions of others. Who knows, maybe I will make tens of dollars in this ‘capital appreciation program’ (BIG GRIN)…
The letter makes some pretty incredible claims. The man that starts off in the letter (the aforementioned hard-luck story) says his name is Dick Hollman. He followed the instructions of this letter exactly, and in less than 90 days, he claims to have received over $800,000 in cash in his mailbox. You may read the letter in the next post…
I did a little math and figured that it would cost $328.00 and a little bit of time to conduct this experiment… I decided to give it a try. This blog is intended to be a journal of sorts following what happens when following this ‘capital accumulation program’.
Here are my expenses so far:
$82.00 – Postage
$42.00 – Copies
$10.00 – Envelopes
$32.00 – Mailing List
$162.00 – Mailbox rental (6 months)
So, a mere $328.00 investment and a couple of hours stuffing envelopes. And I can expect $800,000 in about 90 days? I always heard that if it sounds too good to be true, it probably is… This definitely fits in that category. I will show the letter in my next post so you may read it for yourself. I decided that $328.00 is a small enough sum to go ahead and try this experiment. Even if our friend Dick Hollman exaggerated by a magnitude of 100 times, I would consider $8,000 an excellent return on a $328.00 investment… ;-
I rented a mailbox because I did not want to use my home address for this letter, or to make it too easy for people to Google me and call me at home. That is also one reason that I decided to do this blog, if people look hard enough, they may find this blog and read about how this turns out. It seems apparent to me that most of the people on the list of seven names use their home address. If I had done that, I would have cut my expenses in half.
I mailed 200 of the letters in today’s mail. I will come back to post each time there is something of interest to report. It should be interesting… FINGERS CROSSED!