I’ve been using and reviewing online money-making systems since 2007.
And the vast majority of products that I’ve tested have turned out to be utter crap.
It’s now got to the point where I can usually tell if a product’s going to be worth the money or not simply by looking at the sales page.
And whilst I do stumble upon the odd ‘gem’ that’s simply been marketed in a ‘scammy’ fashion.
I’m nearly always proved correct in my assumptions upon testing.
Here are my top 9 ‘red flags’.
That will help you avoid a huge percentage of common online ‘get-rich-quick’ scams.
Phase 1: Hooking You In
The scammer’s initial task is to get you interested in their offer and make you trust them.
It’s certainly true that many of the old-style ‘phishing’ scams can simply be avoided by never clicking on an email that you don’t recognise.
However, scammers have gotten quite creative in their attempts to lure you in.
Here are three common ‘entry-point’ tactics.
1: The Fake News Portal
I see this nearly every day.
The scammer sets up a Facebook page and then starts boosting posts that will appear on peoples’ newsfeeds.
The stories typically feature a celebrity and how they ‘made money’ with a little-known strategy.
Here’s one that I keep seeing over and over again featuring Gordon Ramsay:
Of course, none of the claims are true.
And the featured celebrity has nothing to do with the advert.
The aim here is to use ‘knowledge gaps’ and clickbait titles to get you to click through.
And if you do.
You’ll arrive at a ‘shell website’:
Whilst the ‘story’ will appear relevant to the ad that you just clicked.
No part of what you’ll read will be true.
The entirely fabricated copy will mention how the celebrity used a bitcoin, forex, or financial trading software package to make money.
You’ll also probably see a list of made up testimonials down the right-hand side of the page.
And even fake Facebook comments at the end of the post:
And if you click ANY link on the page.
You’ll be redirected to the scammer’s website where you’ll see more fake news and testimonials persuading you to join up.
Here’s the classic ‘Bitcoin Money’ website that’s the target domain from the Gordon Ramsay article:
Do NOT enter any information into the forms.
Just leave the site.
I’m also starting to see online casinos and their affiliates use this ‘fake news funnel’ to get people to join up.
2: Unsolicited Social Media Messages
Most of us are savvy enough to spot the more obvious ‘cash-grabs’.
Where a stranger will add you on Facebook and start asking for your bank details or for you to send them money.
But scammers who peddle get-rich-quick products may spend time trying to build rapport with you via social media for an extended period of time before subtly mentioning their offer.
This can be quite common if you’re a member of a lot of groups.
Because it allows the scammer to leverage a mutual point of interest.
For example, I’m a member of a lot of betting and ‘make money online’ Facebook groups.
And I’ll often get PMs from shady characters trying
Or how to get ‘instant PayPal money’.
Also, if you’re a member of any online money-making groups where posts aren’t regulated.
You can assume that 99.99% of these types of ‘opportunities’ are scams:
3: Unrealistic Claims
Once the point of contact has been made.
You’ll be presented with an offer.
This usually comes in the form of a sales page, ‘letter’, video, or simply via email/PM.
The classic sign of a ‘get-rich-quick’ scam is that it simply sounds too good to be true.
Typical elements include:
- A headline that promises unrealistic earnings in a short time-frame;
- Little or no effort required;
- Exploits a hidden ‘trick’ or ‘loophole’;
- Uses a ‘done-for-you’ system or automated software.
Here’s a classic example from the Profit Formula:
Phase 2: Taking Your Money
Once you’ve been presented with the offer.
The scammer will use a whole range of tactics to get you to ‘convert’ and hand over your money.
Now, it’s worth noting that some of the techniques they leverage are also used by entities and companies that have a legitimate product or service to sell.
The difference is that the scammer will ‘over-promise’ with
And then ‘under-deliver’ on the actual content (or not at all!).
So, whilst the points below don’t automatically qualify an offer as a scam.
They can be potential red flags.
1: The Sob Story
This is the scammer’s primary strategy for breaking down your guard.
Because by telling a story that mirrors your own pain-points back to you.
You start to become open to idea of a solution.
For example, in the ‘make money online niche’.
The scammer may say how they lost their job, home, family, or their savings.
And had nowhere to turn.
But then this ‘one product/secret/thing’ turned everything around for them.
And now their new life is 100x better than their old life.
And by relating these points back to you, it triggers a level of pain that is capable of overriding your logical reasoning and push aside any
Thus making you more suggestable to their product.
And prime you to hand over your cash.
2: Fake Social Proof
Once you’re emotionally engaged with the offer.
The next step is to ‘knock out’ your limiting beliefs about the product.
And the most effective way to do that is by leveraging ‘social proof’.
Because if you see that other people are getting results with the system.
‘Then it must work’.
I quite often discover sales pages that are 100% fake.
- The testimonials are made up;
- The sales video uses actors that you can find on Fiverr;
- The name and likeness of the system’s creator is false.
For example, ‘Jim Morgan’ is supposedly the creator of Wood Profits:
But this image is actually taken from iStock.
The take-home message here is that you shouldn’t assume that everything you see on a sales page is true.
Because everything down to those ‘just purchased’ and ‘profit’ notifications can be faked:
3: Pressure Tactics
This is the scammer’s secret weapon for closing the sale.
Because once you’ve been introduced to the ‘solution’ to your burning problem.
The ‘threat’ of having it taken away is often enough to get you to take action and part with your cash.
Common examples include:
- ‘Only 3 copies left!’
- ‘Sale ends tonight’.
- ‘Just 5 spaces remain’.
You may even see a countdown timer with a ‘warning’ message that the offer is about to expire:
In many cases, this ‘scarcity’ is made up.
There are unlimited copies, space, places, or whatever available.
The aim here is to panic you into buying.
NEVER feel pressured into taking action.
If you think that the offer is too good to be true.
Don’t get involved.
Phase 3: Letting You Down
So, what happens if you actually hand over your money to one of these get-rich-quick-schemes?
Well, having signed up to many as part of my job as a ‘reviewer’.
I can tell you that it’s usually not pretty.
Here’s a snapshot of just some of the horrors that await you on the ‘other side’.
1: The ‘Pay to Play’ Pyramid Model
Do you know what an illegal pyramid scheme is?
It’s where the business model is primarily focused on recruitment.
Rather than the selling of tangible products and services.
As explained in this video:
Many get-rich-quick scams are based on some derivative of this pyramid model.
One of the most common is that of ‘paying to play’.
Where you hand over money to your ‘sponsor’ (the person who recruited you) in order to purchase the right to recruit others into the scheme.
This payment usually unlocks ‘training’ materials that are focused around using strategies to recruit others into the same programme.
Quite often, it’s this ‘perceived’ value that covers up the ‘back-end’ pyramid structure.
And may allow the programme to go on operating for years.
Often, the scheme will have different ‘levels’ to it.
Where you’re only allowed to receive commissions for levels that you have paid for yourself.
For example, the Six Figure Empire has a $1,000, $3,000, and $5,000 commission structure.
Which means that you’d have to spend $9,000 in total to ensure that you can claim the maximum amount of commission
Typically by stating that you will not receive commissions for people that you recruit who join at a level ‘higher’ than your own.
One of the biggest clues to the fact that the system is based on a pyramid scheme is that of ‘cash-gifting’.
Where payments are taken and given directly via new recruits and their sponsors.
Even if the scheme is able to avoid being closed down by the FTC.
It will eventually collapse when new members stop joining and the revenue stops coming in.
The Bottom Line?
If the only way to make money with the system is by recruiting others into the scheme to do the same.
Then it’s based on the pyramid model.
And you should get out before the whole thing comes crashing down.
As it did for MOBE.
2: PLR Content
This is super-common.
I’ve lost count of the number of programmes that I’ve reviewed where the system turns out to be just a bunch of PLR content thrown together.
PLR stands for ‘Public Label Rights’.
You’re legally allowed to buy PLR material, edit it, and then resell it for a profit.
In many cases, you’re even allowed to put your name on it and say that it’s yours.
But as you can imagine, the quality of this content is typically quite low.
This makes it incredibly unlikely that you’ll be able to achieve the results quoted on the initial sales page/video.
However, the presence of this ‘thin’ value often saves the system from qualifying as a ‘true’ scam.
Thus allowing the creator of the system to stay out of trouble.
Which explains why there seems to be a never-ending stream of these low-quality PLR-based ‘get-rich-quick’ products.
3: No Refunds
Many platforms like ClickBank enforce a 60-day money-back guarantee.
Which means that you can [usually] get your money back if you end up purchasing one of these naff PLR products.
However, if you’ve ended up in an independent cash-gifting scheme.
You haven’t got a hope of being reimbursed.
Because like I said earlier.
Money is typically passed directly between members using PayPal, Skrill, or Stripe.
So one you’ve sent that money.
You’ll never get it back.
Conclusion: Keep Your Guard Up
Sadly, the vast majority of online money-making opportunities are either a scam or under-deliver on their claims.
And whilst most of us consider ourselves to be far too ‘smart’ to fall for such get-rich-quick schemes.
It’s surprisingly easy to get suckered in.
Especially if the scam originates from Facebook or a social media platform where your guard might be lower.
The bottom line?
If something seems too good to be true.
It probably is.
Does ANYTHING Work?
Over the years, I’ve unearthed some strategies and products that are capable of making money online.
But the number of them can be written on the back of a napkin.
Interestingly though, many of them can be learned for FREE.
And I’ve listed some of them here in this FREE email course.
So, if you’re sick of get-rich-quick-scams.
And just want to do what works.
But without risking a stack of money in the process.
Click the button below and enter your email on the next page.
And I’ll show you how to get started.