Description of chain letters, why people think they can work, why they can't work. Extensive links.
http://www.cs.rutgers.edu/~watrous/chain-letters.html
Postal Service judicial decision that debunks the claim that sending a "report" in exchange for cash makes a chain letter legal.
http://www.usps.com/judicial/1978deci/6-72.htm
Describes how chain letter participants rarely, if ever, profit from them: Chain letters are carefully crafted business letters asking for contributions.
http://www.flash.net/~bob001/chainletter.htm
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