Showing posts with label scheme. Show all posts
Showing posts with label scheme. Show all posts

Wednesday, 27 May 2009

gdigoldrush.ws - A pyramid scheme scam

Don't be fooled by the promises on offer from GDI, unless you are at the top of the pyramid you are unlikely to make big bucks. Here's the lowdown on what happens:

There is no product for sale, the product is a website for $10 a month, they throw in some free advertising credits which are likely accumulated by spending a fair amount in the first place to get their site known. There's one guy at the top, who is paid $10 every time somebody signs up to GDI, he then pays the referral a small comission - say 10%.

Now, chances are people go out of their way to try to earn money with this scheme by giving it a brilliant testimony and trying to recruit by e-mail, forums, e-zines and the like all whilst filling the pockets of the person who gives you the measly comission. This type of scam has been around for ages and the interest you are likely to gather selling GDI schemes is likely to be waning today. Not surprisingly, I recommend you to invest your money elsewhere.

Monday, 30 March 2009

MyIncentiveWebsite.com - Not Quite A Scam

In my current search through google ads to alert you of what is a genuine earning opportunity and what isn't - I came across www.myincentivewebsite.com - a site which claims that you can start earning today and that you could earn up to $313,000.

The alert signs are there - the promises of high returns with little effort should be a warning sign, followed by a spiel which is so long that you forget that he's gone from "giving it away" to charging $22 dollars. The reason it's not exactly a scam though is that there are in theory potential profits to be made from it and the owner of the website tells you exactly what you are buying. This is where you need to engage your brain and work out that if he's selling so many money earning websites which are identical - you'll need decent experience in Search Engine Optimisation to get any actual traffic and even then the figures you will earn through it will be nothing in comparison to what the website suggested.

Personally, I'd steer clear of it but there are some small money earning possibilities there in theory.

 
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