- September 10, 2008 at 6:55 am #262669
I believe in cash gifting and reciprocating my money through this way. Can someone tell me where I could find similar communities online? All suggestions are welcome.
- September 10, 2008 at 8:51 am #398347
Well, I don’t know of any “Decent” communities for cash-gifting because it’s considered to be an asshat pyramid scheme.
Generally speaking, 1 scammer pretends to be part of some bit wonderful “cash-gifting” network and encourages Victims to send money as a gift to join the network.
Then, once the Victim sends the gift- the victim is told to ask other people for gifts. When the victim rightly complains that they didn’t receive what was promised, the scammer tells them that they gave the money as a gift and too damn bad, which is why they make you sign a form indicating that you expect Nothing in Return, because that’s what you will get.
There are other ways this scheme is used, for instance, pooling the “money/gifts” and then a “random” drawing is held, but all in all, these are just ponzi schemes and the only person that gets anything is the scammer at the top promoting it.
A great rule of thumb, if it sounds too good to be true, it is.
- November 15, 2008 at 6:28 am #403588
wow that a trick people do when they play online game too
saw too many of them
good things it was online currency
- March 5, 2010 at 10:52 am #427797
There are many cash gifting communities online. If you do a Google search you will find as many as you want. But before investing conduct proper research about the company and then invest.
- March 5, 2010 at 11:52 am #427798
I also agree that you should do a google search, simply type in “Cash Gifting” and the fact that the top 25 sites that pop up are “scheme related” or “scheme warning” should tell you something.
Here are the names of a few well known Cash Gifting SCHEMES to avoid:
* SOW (Spirit of Wealth)
* TOCS (The Overnight Cash System)
* Abundant Living System (ALS)
Please note there are thousands of Cash Gifting schemes available on the web. We do not now, nor will we ever allow the promotion of such schemes on this site. We do not endorse any type of Cash Gifting Scheme, as they are illegal in every state. Please be wary of fly-by-night sites that claim that cash gifting is legal or that they know of a way to skirt the IRS. Here are a number of listings from folks thinking they would skirt the law & lost everything they had:
Here’s an Updated link to the Federal Trade Commission’s stance on the subject:
- June 16, 2013 at 11:59 pm #440063
cash gifting is one thing that ive never heard of..or maybe I have and don’t realize it..how does it work?
- July 7, 2013 at 5:21 pm #440380