Financial scams, pyramid schemes, and investing fraud scammers are everywhere. I was browsing the Top Direct Selling Companies in the World Poll and was shocked to see a company listed in the top 3 that immediately caught my eye. The top 10 MLM companies in the world included “My Advertising Pays” as one of its top-ranked businesses? I had never heard of this company before, so I went and researched it. It looks like you buy advertising and earn money when you view other people’s advertisement. This smells scammy just like JustBeenPaid, Profitclicking and AdClickExpress.
Wow! You mean I get paid just for viewing ads?! Where’s the product? Where’s the definition of a true network marketing company where a tangible product needs to exchange hands?
The webmaster promoting My Advertising Pays inadvertently on his website says: my advertising pays isn’t legitimate MLM, but if it isn’t network marketing then why the heck is it in the top 3 on Business for Home? Businessforhome dot org is a hugely respected authority on network marketing, yet, how in the heck did they let this one slip by? Did they buy their way onto the Top 10 list?
In the Beginning, there was JustBeenPaid. There was an advertising site called JustBeenPaid. It paid the same way, through risky ecurrency providers like LibertyReserve. These companies operate offshore and it’s no different with My Advertising Pays. Then, Profitclicking. . . Can’t even find a good image of their site anymore. . . I admit, during my first year trying to make money online, I fell for Profitclicking. I had to convert my hard earned cash into electronic currency by sending a money order to a ecurrency provider named LibertyReserve.
Later I found out that people lost millions with LibertyReserve. I lost only $2,000 luckily. There was some legal loophole where Libery Reserve allowed merchants to validate their own transactions using customers money whenever they wanted. I couldn’t stop this and they drained my balance. $2,000. That was a lot of money for someone making $11 an hour!
Profitclicking paid maybe 1 out of 100 members to keep their ratings on Alexa just above 2.5 stars. I don’t believe Alexa has a rating system anymore, or maybe that was for paid members. Then came the Ad Click Xpress scam. Another advertising site, actually it’s just a morphing of Profitclicking, which was JustBeenPaid. These advertising sites keep sprouting up like the plague and when they enter the MLM mainstream, like being in the top 3 on Business For Home, that just creates a problem for the entire network marketing industry. We just recovered from the FTC investigating Vemma MLM company as a pyramid scheme.
Viewing ads and getting paid is a joke. Doesn’t it just sound like a click fraud scam to milk advertisers out of their PPC budget? The biggest problem is getting your money out. Most of these companies go through two or more payment processors, because legitimate companies like Visa, Mastercard, and PayPal won’t touch these companies. These Fake Companies need to stop, so please comment on social media about what you think and what company you think is legitimate online. Buyer beware and stay vigilant on these new financial scams. Your money is better used elsewhere…
Go for the gold instead. Whether you think the economy as we know it will collapse in the foreseeable future, or you’re just looking for a hedge against low interest rates, the top precious metal to invest in gold offers you this protection and more. Even if you think your portfolio is already diversified enough, with stocks, bonds, real estate, and more, gold can still make a valuable addition to your portfolio. Its unique qualities & ability to hedge against both equities & fixed income securities offer an extra layer of diversification & protection, especially for the most extreme cases. Don’t wait until the economic system collapses. Get some gold now and ensure that you’re financially protected in case anything ever happens.
To effectively grow assets, it is critical for an asset manager to understand the difference between raising awareness and raising assets. The tactics used for each objective are very different whether it’s for a valuable MLM company or precious metals. The sooner you see them as separate activities, the better off you will be with gold or other assets.
Avoid the scammy “get rich quick sitting on the couch” schemes and invest in top legal MLM companies or gold instead! These are much smarter investments.
Read our blog posts to maximize your money and minimize mistakes:
– Which Network Marketing Business Is Best
– How To Start An Online Business