For every user that comes to teacheron.com, we make on an average, $5 in one month. Acquisition cost for each user is $1 or less. I am looking for intelligent investors who can give $100 or more. We invest this money in advertising on google ads and Facebook ads to get more users. By investing in teacheron.com, you will get $200 for every $100 invested in 2 months. We are a well reputed and working from last 6 years.
I can extend the above lie indefinitely and make it more credible with each line. But that's not what this post is about. It's about knowing what's out there and how to stay away from it.
Common features of Ponzi Schemes designed to scam you are:
Now, consider the case of socialtrade.biz which has various plans to scam you. It hasn't blown out yet but will very soon. If you already paid them, don't pay them anymore. It's probably already too late to take a refund.
When I searched "Social Trade scam", I found many links which discuss the validity of the company and its founders. For me, none of that matters. All that matters is that they claim to get paid by facebook and google even though both these companies don't pay anybody to click on the ads.
Let's review social trade on our checklist
Now, if you share this post, you will be entered in to a lottery to win $50,000, a trip to Vegas or an iPad. Seriously!! Tweet