Thanks for sharing. I appreciate it. At least you’re one of the few people that are involved in these schemes to be honest enough to reveal the truth about your experiences with it. Ultimately no matter how various companies try to dress this opportunity up with bells and whistles it’s not a real home business opportunity. It’s just another version of the good old pyramid or ponzi scam.

If folks are going to invest money, you want to do it with a legitimate business opportunity like avon or something credible. You all know my constant recommendation is http://www.GoWealthyAffiliate.com

In any event, thanks for sharing. I hope that you move on to more legitimate opportunities, as there are many you can invest in that provide the proper support and training and actually offer a real product.

Don’t worry about the typos. I make them all the time on this blog. Probably have a few in my response to you. You might want to check out our scam video:
http://www.workathomenoscams.com/scams so you can avoid anymore of this nonsense.

Take care.

Eddy

The website/program you are referring to is the “TheCashLeveragingSystem.com” AKA: TCLS…and I have been enrolled for 4 months now. Initial startup cost is $25.00 ($5 to 5 different people) plus you need to purchase a domain name the correlates to the program…that contains your cloaked referral id so you get proper credit for the sign-ups and all the people brought in under you and their downline.

You also need to sign-up for a (free) ALERTPAY PRO account to handle the funds tranfers because PAYPAL prohites MLM’s. You do not need hosting for your domain which is good…just a domain that forwards to the cloaked referral site and then the system basically sell itself. The cloaked site is exactly the same as the one you intially signed-up from with your embedded ID. Very easy and user friendly set-up….but….unless you are ready to spend a LOT of money on advertising….forget it!! You MUST get a minimum of 10 people in your first level downline for this sytem to be even slightly profitable! There are also ways to scam and join without paying. The admin’s say they are working on a fix, howver, it is STILL happeneing to everyone and nobody is getting gifts, but they are showing up in your downline count! The forum that they have has lately been FLOODED with negatice comments, and people are dropping like flies!

Think about it..do you know how many people you would have to get signed up under you to make any kind of profit at all?? I wasted hundreds of hours doing free advertising, email blasting and Adword campaigns and to date, I have made $15.00 and invested over $1,500.00..!! That’s right…if you take a moment and do the math after the fog settles from seeing $75,000.00 from $25.00..in less than 5 weeks..you will see it’s basically impossible to even break even! Then, after 6 months you must re-join and start all over again!! From the begining….I got 3 signups in 4 months…2 more and I have to leave…so how does it sound.? By the way…Alertpay charges $.50 for every $5 gift you receive…I have a sneaky suspicion that the owners of Alertpay may have a hand in TCLS..?? If you would like to know more about please feel free to contact me!!

Eddy

Thanks for your kind words.
Does this cash leveraging system work pretty much like a cash gifting opportunity? If it does, then pass on it. I know sometimes these people like to put variations on things to differentiate themselves but if the basis is still similar it should be avoided.

If you’re willing to invest money in an opportunity your better off investing in your training to get careers that are available like medical transcription:
http://www.workathomenoscams.com/typing or becoming an affiliate: http://www.workathomenoscams.com/aff or job site like http://www.GoHomeJobStop.com to get pre-screened job leads without dealing with ads.

Or just invest in another home business opportunity that has been around for a while with a proven record, avon etc.

So that would be my advice.

Hope it helps.

Eddy

I have been using your blog as a resource for the past few days and I want to thank you for your diligence and fantastic info. With that being said, I was sent info on a cash leveraging system and have been researching that. It claims a $25 start up. And according to my research on other forums, you can only be enrolled for 6 months and then you have to start over. What are your thoughts?

I think most people will trust the feds that say cash gifting is a scam over you any day buddy.
My advice to you is to get involved in a real home business that won’t end up getting you in trouble in the long run.

These things all end in the same way.

Eddy