1978 Chain Letter Scam | Fight Back! Classics
Watch Fight Back!
•June 20th, 2025
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In 1978, a chain letter known as "The Circle of Gold" swept through the U.S., falsely promising participants a $100,000 payoff. David Horowitz broke the story and investigated it on David Horowitz Consumer Buyline. In this episode, he interviews California Deputy Attorney General Herschel Elkins—one of the key architects of the state’s landmark Lemon Law—to break down the scam and explain how the scheme violated both state and federal laws. #news #nostalgia #retro
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