Serious Question. Is this a scam?

jasonl70 · 03-18-2009, 10:15 PM

Quote:

Originally Posted by earlkohn

Here's my arguement.... if it's illegal, how has it survived all these years? The IRS clearly has the authority to shut these programs down if they wanted to but they haven't. I don't know where to go with that one Rob!

-Earl

you seem to be digging up every old thread with the word 'scam' in it.

The FTC has clearly stated that cash gifting is illegal. period. And these pyramid schemes are always being busted. The thing is, the authorites don't mind spending a year or longer investigating (after taking a while to even learn of it's existance), giving people the illusion that they are in the clear.

There are always new illegal pyramid schemes popping up. Scams do not disappear, as there's always a new scammer to take over.

cncbuss · 03-18-2009, 10:19 PM

I say, if there isn't a product or service attached to it, any online business isn't very honest.

Tony Vercetti · 03-18-2009, 11:01 PM

Well, they are nothing more than a classic pyramid scheme.
It is true that some gifting programs have been operating for years without getting busted, but this is usually because the program owners are actually based in a jurisdiction outside the US in which such a type of activity is legal.

Whatever the legal implications of this are, you are running a high chance of losing money. For example, in order for you to get $5k, you need to recruit 5 people to send you $1k each. Then those people need to get 5 more to give them $1k, etc and it goes on and on. Problem is, no matter what kind of "system" is applied to it, sooner or later, the program will run out of new prospects and will collapse, leaving many members at a loss.

Whats strange is that Adwords seem to allow ads for this type of stuff even though it is illegal in many places. Just look up "cash gifting" on Google, and you will see all the ads.

richmannow · 03-18-2009, 11:18 PM

you need to have an open mind to everything and untill you actually look at what whomever is offering there is no way to give an opinion, Mike Dillard says there is no such thing as a scam if you can learn from it.

rich

03-18-2009, 11:34 PM

You'll have to make your own decision as to whether you'll do something that's illegal. Nobody here can define your morality for you.

However IMO you should forget about any and all of these silly "easy money" systems and just figure out what you can offer that people will gladly pay you for.

It's not that hard to come up with the small amount of money being promised by these gifting clubs. You might be surprised by what people are interested in buying from you.

For instance: I get $5 payments just about everyday for a report on how to quit caffeine. This doesn't amount to a big fat load of cash at the end of the month but it's passive cash flow, it's legal and the people buying the information get something that's very useful to them.

I'm sure you can come up with an even better idea if you spend a few days brain storming it.

RB · 03-18-2009, 11:59 PM

check out dog islands post, third from the top. Look through the link and then ask yourself - why isn't everyone doing it...?
Peace

Anomaly1974 · 03-19-2009, 01:36 AM

Illegal and not worth getting involved with ... ever!

Just my two cents

CASH4KUSH · 03-19-2009, 01:43 AM

pyramid scheme BEWARE OF GIFTING SITES if it sounds to good to be true it usually is. Affiliate marketing is where it's at and where it always will be these fly by night operations come and go all the time i'm sure when the economy is back MLM's will find there way back into peoples minds all over again too

aardanyul · 03-19-2009, 02:25 AM

yeah mate stay away..

Eric Lorence · 03-19-2009, 05:37 AM

Quote:

Originally Posted by earlkohn

Here's my arguement.... if it's illegal, how has it survived all these years? The IRS clearly has the authority to shut these programs down if they wanted to but they haven't. I don't know where to go with that one Rob!

-Earl

Well, I guess the same way bank robbery, drug dealing, Ponzi schemes, and all kinds of scams have survived.

'Cuz there's always somebody looking to get money for nothing...

webABCs · 03-19-2009, 04:59 PM

Run...don't walk away from these sites. It's illegal.

Michael Oksa · 03-19-2009, 05:37 PM

Quote:

Originally Posted by earlkohn

Here's my arguement.... if it's illegal, how has it survived all these years? The IRS clearly has the authority to shut these programs down if they wanted to but they haven't. I don't know where to go with that one Rob!

-Earl

Here's my question...if murder, rape, stealing, perjury, larceny, shoplifting, auto theft, manslaughter and extortion are illegal - how have THEY survived all these years? The FBI clearly has the authority to shut these programs down if they wanted to but they haven't. I don't know where to go with that one Earl!

-Michael

spires · 03-19-2009, 05:44 PM

Stay clear mate.
If it sounds to good to be true. It normally is.

Robert_Rand · 03-19-2009, 07:32 PM

It's a scam - unless you want my address

03-18-2009, 10:19 PM	#52
cncbuss Active Warrior Join Date: Dec 2008 Location: Just west of Montreal Posts: 44 Thanks: 2 Thanked 3 Times in 3 Posts Social Networking Contact Info	Re: Serious Question. Is this a scam? I say, if there isn't a product or service attached to it, any online business isn't very honest.

03-18-2009, 11:01 PM	#53
Tony Vercetti HyperActive Warrior War Room Member Join Date: Mar 2009 Posts: 117 Thanks: 9 Thanked 12 Times in 10 Posts	Re: Serious Question. Is this a scam? Well, they are nothing more than a classic pyramid scheme. It is true that some gifting programs have been operating for years without getting busted, but this is usually because the program owners are actually based in a jurisdiction outside the US in which such a type of activity is legal. Whatever the legal implications of this are, you are running a high chance of losing money. For example, in order for you to get $5k, you need to recruit 5 people to send you $1k each. Then those people need to get 5 more to give them $1k, etc and it goes on and on. Problem is, no matter what kind of "system" is applied to it, sooner or later, the program will run out of new prospects and will collapse, leaving many members at a loss. Whats strange is that Adwords seem to allow ads for this type of stuff even though it is illegal in many places. Just look up "cash gifting" on Google, and you will see all the ads.

03-18-2009, 11:18 PM	#54
richmannow Warrior Member War Room Member Join Date: Dec 2008 Location: longwood Fla Posts: 29 Thanks: 3 Thanked 0 Times in 0 Posts Social Networking	Re: Serious Question. Is this a scam? you need to have an open mind to everything and untill you actually look at what whomever is offering there is no way to give an opinion, Mike Dillard says there is no such thing as a scam if you can learn from it. rich

03-18-2009, 11:34 PM	#55
Tim Whiston Guest Posts: n/a	Re: Serious Question. Is this a scam? You'll have to make your own decision as to whether you'll do something that's illegal. Nobody here can define your morality for you. However IMO you should forget about any and all of these silly "easy money" systems and just figure out what you can offer that people will gladly pay you for. It's not that hard to come up with the small amount of money being promised by these gifting clubs. You might be surprised by what people are interested in buying from you. For instance: I get $5 payments just about everyday for a report on how to quit caffeine. This doesn't amount to a big fat load of cash at the end of the month but it's passive cash flow, it's legal and the people buying the information get something that's very useful to them. I'm sure you can come up with an even better idea if you spend a few days brain storming it.
Tim Whiston Guest Posts: n/a

03-18-2009, 11:59 PM	#56
RB Active Warrior War Room Member Join Date: Feb 2009 Posts: 97 Thanks: 3 Thanked 10 Times in 10 Posts	Re: Serious Question. Is this a scam? check out dog islands post, third from the top. Look through the link and then ask yourself - why isn't everyone doing it...? Peace

03-19-2009, 01:36 AM	#57
Anomaly1974 Always the Write Way! Join Date: Aug 2007 Location: American Expat in the Philippines. Posts: 1,193 Thanks: 45 Thanked 25 Times in 23 Posts Social Networking Contact Info	Re: Serious Question. Is this a scam? Illegal and not worth getting involved with ... ever! Just my two cents
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03-19-2009, 01:43 AM	#58
CASH4KUSH CASH4KUSH Join Date: Mar 2009 Location: Toronto Posts: 5 Thanks: 0 Thanked 0 Times in 0 Posts Contact Info	Re: Serious Question. Is this a scam? pyramid scheme BEWARE OF GIFTING SITES if it sounds to good to be true it usually is. Affiliate marketing is where it's at and where it always will be these fly by night operations come and go all the time i'm sure when the economy is back MLM's will find there way back into peoples minds all over again too

03-19-2009, 02:25 AM	#59
aardanyul Active Warrior Join Date: Jan 2009 Posts: 49 Thanks: 0 Thanked 3 Times in 3 Posts	Re: Serious Question. Is this a scam? yeah mate stay away..

03-19-2009, 04:59 PM	#61
webABCs Active Warrior War Room Member Join Date: Jul 2006 Location: Alexandria Virginia Posts: 47 Thanks: 0 Thanked 3 Times in 3 Posts Social Networking	Re: Serious Question. Is this a scam? Run...don't walk away from these sites. It's illegal.
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03-19-2009, 05:44 PM	#63
spires www.Secrets4Adwords.com Join Date: Mar 2009 Location: London Posts: 116 Thanks: 0 Thanked 12 Times in 9 Posts Social Networking	Re: Serious Question. Is this a scam? Stay clear mate. If it sounds to good to be true. It normally is.
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03-19-2009, 07:32 PM	#64
Robert_Rand HyperActive Warrior War Room Member Join Date: Feb 2009 Posts: 160 Thanks: 27 Thanked 21 Times in 17 Posts	Re: Serious Question. Is this a scam? It's a scam - unless you want my address