Wrong. See Urban Legends and Folklore:
While there is no "TREA Senior Systems League," there is a "TREA Senior Citizens League," which did not create or authorize this message. Noting that the name of the organization is being used under false pretenses, a spokesman called the message "a nuisance chain letter that is playing on the hopes of our senior citizens." The League has received over 10,000 inquiries from victims so far this year.
TREA was also involved in the notch baby scam.