PART THREE
My sister is a sucker for these schemes. She is always replying to the Get Rich Quick adds in papers etc.
Anyway, she ultimately fell for a real belter and lost a fair bit of cash.
The guys scam was brilliantly simple. He had adds in some horse-racing journals and a few tabloids, advertising his scheme that had made him rich, send a SAE for details... she sent off and got the info pack back, which was very glossy and full of photos of some guy posing next to a Ferrari, a Yacht, a big Mansion etc...the real millionaire dream.
He reckoned he had worked out a mathematical system to predict the winner of horse races! and now that his system had made him rich, he was willing to share the knowledge with those who subscribed to his scheme.
My sister signed up.
Signing up involved setting up a direct debit to pay the guy £100 per week. In return, you got a telephone number to call each day where you could listen to his recording telling you which race and which horse his system had picked as the most likely to win.
Off you went to the bookies to place your bet...
Thing is, his miraculous system just picked the favourite at various races each day, so you put your money on and maybe won a bit back, but the winnings were never startling.
The real winnings were being made by the guy raking in £100 per week for doing sod-all.
Just think about that for a minute - say if 100 people signed up...this should be an easilly achievable number nationwide, thats £10,000 a week rolling in to the guys account....10k a WEEK, thats half a million a year...nice work if you can get it.
(dave likes cheese, Thu 31 Jul 2008, 23:03, 5 replies)

Is that the Colin Davey method?
/Curious
( Bats, Thu 31 Jul 2008, 23:36, closed)

Er...
There's a fatal flaw that should have alarm bells ringing.

If you cancelled your subscription, you still have the phone number.

Unless it had some clever touchpad password thing on it?
(SillyMoo, Fri 1 Aug 2008, 10:34, closed)

But...
If you believe that paying £100 a week to listen to a recording of the 'winner' of horse races taken from a mathematical model will net you some cash...

Would you work that out?
(Quantum Sheep was going to type something clever here...but...oh, Fri 1 Aug 2008, 11:15, closed)

password
aye there was some kind of pass code to listen to the recording, which was changed once a week iirc, and sent to the subscribers by post in his newsletter. You might net a few days of free "advice" after cancelling, but its hardly a big worry to the guy.
(dave likes cheese, Fri 1 Aug 2008, 17:36, closed)

colin davey
I had to google colin davey - the method sounds the same, but his tip subscription is a "bargain" £16 per week. I assume the one my sister went for was a copycat deal.
(dave likes cheese, Fri 1 Aug 2008, 17:40, closed)