Facebook is quite becoming a playground for scam activities these days. A lot of illegal schemes seem to thrive on the platform. A resurging one, Secret Sister has sprung up again on Facebook. This is a gift exchange pyramid scheme.
It promises participants that they will receive 36 gifts in exchange for just one gift they give out. Obviously, this sounds too good to be true. And yes, it is!
This is not just a suspicious, it is actually an illegal pyramid scheme.
It is said to have started circulating in 2015 and it has resurged in few weeks before the holiday season.
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Secret Sister circulates via Facebook posts, asking six people to join. When people join, they get a list and a message to follow some instructions.
First, send a gift worth about ₵50 ($10) to the “secret sister #1”. That is the first name on the list given.
Second, move the person second on the list to first on the list. This is usually the person who made the post people are responding to.
Third, you put your own name in second place.
Fourth, you then repost and recruit six more people to do the same thing.
If the participation is 100%, the poster gets 36 gifts, as people under them will also recruit 6 more people. This is where it gets murky. It’s a pyramid scheme!
It’s only reliant on a constant influx of new members to pay old members. This means the latest people have to lose out when people are not joining anymore.
As such, it’s really doesn’t make sense to join.
We kindly recommend that you stay off any schemes like this one. They are mostly unregulated by any authority and thus, very risky.
We advise that you report any of such activities to the appropriate authorities.