Legal Question in Investment Law in Arkansas
Paypal Plan
I am sure that you have heard of the $6 investment that will reward you thousands of dollars either through Paypal or old fashioned mail. If you have heard of this, what are the legal facts of this situation? Legal or illegal? What kind of trouble would one be getting into by participating?
1 Answer from Attorneys
Re: Paypal Plan
Well legally speaking all you've got to lose is 6$ which could be hard to trace not to mention it's too low an amount to even mention in court!
Unless you turn it into a habit of paying 6$ everytime there's an offer of this kind or provide any kind of credit card details if you're paying online.
It might be also advisable to read the legal statement or disclaimer that they publish on their web page, just to be sure that you're not committing yourself to any further expenses that might arise unexpectedly!