Wednesday, October 26, 2011

Real Internet Business or Scam?

Recently found few websites promoting a new type of Internet business which can help you to generate fantastic income, makes you earn up to RM500 per day. Of course the only response from me to this is "WOW". This type of business looks fishy to me and let me post-mortem it.

First, the site owner (or called as the “SPONSOR”) will ask you to invest RM50 (paying into his / her bank account) so that allow you to use his / her name as well as bank account for transaction. The question here is why need to use SPONSOR bank account for transaction? If SPONSOR run away, who can guarantee? Assume SPONSOR not runaway with your RM50. If do, RM50 just a small amount to you but big amount if he / she manages to convince 1,000 investors (=RM50,000).


As an investor, your role just send at least one email a day which can make you earn RM50 day and if you send 10 then can earn RM500 a day. My question again, what kind of email to be sent can cost RM50? Even big advertiser also not willing to pay for RM50 per email sent in their email marketing campaign (typically may charge not more RM2.00 per email). Asking to send phishing email? Phising is a way of attempting to acquire information such as usernames, passwords and credit card details by masquerading as a trustworthy entity in an electronic communication. This is considered as cyber crime, please take note! I always trust nothing is FREE in the world.

If this can make you become millionaire, why the SPONSOR need to share this and why not he / she just do it and make $ for themselves? This model seem like money game run on member get member scheme. I suspect the business model run as follow:

Once you paid RM50 to the SPONSOR, you will become the SPONSOR and started to get people to pay you RM50 to join this program that’s why you can earn RM50 per email invitation. The more people that you invited to join you and pay you the RM50, the more you earn. This how it work!

Either is legal or illegal, halal or non-halal, the decision is on you…

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