Scams
There are a lots of scams online.
Most of the time you will not know that you have been scammed until it’s too late.
Some scams are obvious and easy to spot, still they are very popular and ordinary
people promote these scams to their friends, family and anyone else they can show
their ad to online. Some even pay money to advertise to advertise scams.
Income4free
Income4free is one of the more obvious scams that are popular today.
You are supposed to get $20 free in your income4free account every week.
You are also supposed to get 5% interest weekly.
Although you can see these $20 in your account and you can see that you get 5% please remember: this is not real money, just numbers. Umfortunately these numbers is enough to get many people exited and eager to tell others how they too can get free money.
How does it hurt to be a member of Income4free?
This is a common statemement made by members, based on the notion that income4free is free.
1. You give your emailadress away. If you have ever been spammed you should know that this is an excellent way to get peoples email. If you verify your email by clicking on a link you are even more valueable. People make money online selling other peoples emailadresses. Verified emails are worth more.
2. You give away other personal information. Any information can be abused and sold in ways you can’t even imagine.
3. You waste your time and get your hopes up. Any time you spend on logging in, looking at stats, reading emails etc or anything related to the website or the content is a waste of your time. You could spend the time on something else. Getting your hopes up and getting it crushed is a totally different story.
4. You could give away your bank details. You would be amazed of what people are willing to give away when they think they are getting paid. The best scams pays you once to get you in deeper and get even more from you because you trust them. You would be running around saying: I got paid. Next thing you know you’re really getting hurt.
5. You could get involved in money laundering. Interesting concept where people use you to move money. Does it really hurt to withdraw money from that account and depositing it there? I get paid so it must be legit.
6. You might get tempted to spend your own funds. Either because you want your funds to grow faster or because they tell you something that gives you a reason to consider using your own funds. There is a deposit button in there for a reason. I know the reason and so should you.
Please don’t wait a year to understand that Income4free is a scam.
How does it hurt to promote income4free?
1. You expose others to the scam. You might be cunning enough to know that you shouldn’t spend anything. You might even tell the ones you sponsor that they shouldn’t spend anything. At some point it will be out of your control and Income4free will be presented to someone that believes everything he reads on the site and thinks it’s safe to use his money. This will be because of you.
Have you ever experienced that people you tell not to do something doesn’t listen to you? Even if they trust/love you? It will happen here too. Greed and hope will do that to people.
Please stop being responsible for other peoples misery today. The next person this hurts can be someone you love.
I understand why you find Income4free exciting
I have done enough of these things myself to know the feeling.
You should know that none of the ones I did survived, and I am truly sorry to anyone I have ever involved in a scam.
Please learn from my mistake instead of making your own. Mine is free for you..
You are probably aware of the biggest scam known this decade and the person behind it, Bernard Lawrence Madoff, also known as Bernie Madoff. He plead guilty to all charges march 12. 2009. He operated with much lower interest than Income4free and people had to spend their own money. If he couldn’t pull it off with his experience,a former American stock broker, investment adviser, non-executive chairman of the NASDAQ stock market, why should Income4free succeed?
Here’s something interesting you should know in case you actually get paid before Income4free shuts down and dissappears: There’s something called a Clawback procedure.
Under New York state law, court trustees can seek recovery of withdrawals for up to six years, an effort known as a clawback procedure. The legal theory behind the effort is that the withdrawals were paid from a financial scam, so should be returned and proportionately redistributed to all victimized investors.
Similar clawback procedures in other financial scams have proved successful.
I don’t think New York is the only place on earth with this kind of procedure, so this means that the worst case scenario would be that you got paid. Told a lot of people that you were paid, because you could prove it. They then trusted you and the proof, and invested their money. They then lost everything and you got hunted down and was forced to pay back everything above your own investment.
With the We will pay you in a year, which I am sure they thought was genious when they set it up, I don’t really think they will pay anyone to trigger the I got paid frenzy. They might do it for sponsors, but I have no intentions of finding out. Neither should you!
Feel free to comment.
PS. Everything you read above concerning Income4free is true for forex4free and any other setup that promises you more than double the interest rate you would get in the best bank in your country if you had 10 millon dollars to invest. Seriously. You might earn some money yourself from a so called HYIP, but it’s always at someone elses expence. Don’t be the direct cause of someone elses financial misfortune.
Thank You Roger, I was actually involved and promoting this I contacted customer support yesterday, about where my 20$ was since, I had been in the system a week now.
They still have not contacted me. I would also be weary of any software to riches copy writing, and systems that promise to pay you for nothing. I am finding more and more of these are not legit. There is one company I am still looking into I found on http://www.Amazon.Com , but not sure if it is a scam how would you tell?