Can people be this Gullible

I was out having a nice few drinks at the local bar last night listening to regular alco's ranting on about nothing, when one of them came out with the following story that "allegedly " happened in the Uk a while back.

A guy places a advertisment in the newspaper giving his name and addresse and saying that if you send him one pound he will tell you how to be a millionaire.

So after recieving everyones pound coins he then sends everyone a letter back saying "put an advertisment in the newspaper"

The guy supposdly made thousands and never got done for it as it wasnt classed as false advertising.

I was just wondering if anyone else heard this before and if theres any truth to it.

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