That must be the biggest pile of mathematical / economical BS I have ever seen.
On a different note, I would love to be in the vicinity if he goes shopping for groceries:
"I am going to the supermarket to get groceries worth $100, but I don't have the money at the moment. Please buy my brand new Ferrari for $100?"
Bad news, dude. It's an '82 Fiat - he can't read

There's also a bunch of new Paypal scams floating around. They're not going away, which means the originators must be making something off them. I plead to the general public - STOP BEING STUPID.
Thank you. I've done enough good in the world for this lifetime.