I created a dozen web properties and used fiverr (link pyramids) to boost these properties. They all had a couple links to the site. One was "keyword phrase" and the other was "www.mykeywordphrase.com"
Then, I think I got greedy. I used the same gig (panda/penguin safe--they said) and got around 150 backlinks to my homepage with 4 different keywords (including "click here" and "learn more"). Still seems cautions and safe to me.
Searchenginegenie says my site is at 121 for "keyword phrase" without the quotes (2,900 monthly searches). When I search manually, it's nowhere to be found in all 1,000 places. It's been gone for 3 days now, but searchenginegenie says it's there.
Is it working out a new position, or has it been penalized because of the backlinks? It still ranks for "my keword phrase" but nobody will ever search that term, and I built no backlinks using that term.
I'm in the process of creating a new, similar site but I will not use fiverr to backlink to the money site at all. I think I've learned my lesson.