31 CFR § 359.67
Does Fiscal Service prohibit the issuance of Series I savings bonds in a chain letter scheme?
July 31, 2023
§ 359.67 Does Fiscal Service prohibit the issuance of Series I savings bonds in a chain letter scheme?
We do not permit bonds to be issued in a chain letter or pyramid scheme. We authorize an issuing agent to refuse to issue a bond or accept a purchase order if there is reason to believe that a purchase is connected with a chain letter. The agent's decision is final.