- Personal Finance
Wazzub Is A Scam-Money Making Scam
I recently came across an ad.
The ad was for a company that is promising to pay out thousands of dollars to members who spread the word about the site. The flyer represents the company as the next Google, and promises some extremely large returns for bringing new members to the site. However, a little research shows that this may be something else. Wazzub is advertising their MLM scam everywhere and printing that they have spent millions of dollars designing a state of the art website. The flyer say that the members will receive half of the "billions" of dollars that they will be receiving for selling their advertising space if they are signed up before a certain date. Of course, I signed up. Then I found out what I am dealing with. This company is owned by another outfit, and they are not even a business that is related to computers at all. GIT Global Investments is the company that is listed in the whois for their domain, and they are registered as a laundry and personal service provider. For some reason, I am beginning to doubt the authenticity of the folks running this site. I had the pleasure of trying to contact them once already, and got a typical response. I would suggest being extremely careful when dealing with this site, due to their conflicting information. For some reason, I find it difficult to believe that a laundry service has millions extra lying around to invest into state of the art internet technology. This site is currently in prelaunch, and I can not be certain of anything as of yet. The advertising sounds wonderful, but with the lack of credibility issue, I would likely avoid it just to be safe. There is the possibility of profit, but if it were true, there would very likely be some real money behind it already. As it stands, it looks like a couple of college kids trying to wrote a check their accounts can't cash.
I have to be fair .
Due to the fact that I have no direct proof that they will not keep their word, I will give you the details of what it is that they are offering. There is a MLM system that can go up to 5 levels deep. You supposedly get a multiplier for each person signed up in your network. There is no limit to the width of each level. So, if it is true, you can sign up 500 or more people directly, then get paid from the next 4 levels of people that sign up beneath of those people. This would be a terrific opportunity, and I signed up when I read the advertising. However, after doing some home work the other information that I gathered suggested that their may be something remiss. The business category misinformation is enough to steer me away. As badly as I would love to be a part of something that was actually like this says it is, anything that sounds to good to be true probably is.
This is hot off the press. Some one affiliated with Wazzub is now resorting to posting links with redirects to get traffic through Craig's list. As I was cruising the site yesterday, I seen an ad for $3900 a month without having to sell anything. I am interested in making money so I checked it out. Come to find out, www.lotsofcashmoney.info is a link to Wazzub. After another Whois search, this company comes back with next to no information except that it is registered to Hugh Wells of Killeen, TX. The account is apparently in some type of jeopardy because the report says that this account can not be transferred or renewed. The registration and expiration dates also match very closely with the ones noted on Wazzub's Whois report. You can look at the report for your self here.
So, the plot thickens. It looks as if craig's list has banned wazzub's advertising. I really can't conceive of why else they would be using a redirect for attaining sign ups. Most reputable companies would never want to remove their name from any link to their company. You can be the judge, I am just reporting what I find. Thank you for reading, follow me if you want to keep up on the latest.