Is income4free.org a scam or not!
Money for nothing is something we would all like to get a piece of, isnt it? We are no different at Scam Detectives HQ so when we got an email inviting us to join Income 4 Free we were, quite frankly, intrigued.Income 4 Free claim to have a need for 100,000 members to receive a weekly income of $20 (about 13 pounds) into a specially created and managed account. Thats $2,000,000 (about 1.3m pounds) per week to be paid out to their members for doing, well, absolutely nothing. Its free to join and theres no risk and no chance that you will ever be asked to put any money of your own into the scheme. You will also earn interest at the rate of 5% a week on the balance of your account.
How does it work?
The (very badly designed) website explains the concept. Spelling errors are verbatim
First it sounds impossible, but if you know how it works, this concept will lighten up your mind.
Our part is to connect as many people as possible to investors that are registered with us.
The investors need to split their money into many, many accounts to brokers all over the world, into almost all different trading categories.
If those investors work without you, their profits will be 5-10% lower then what they could earn with your help.
So they rather can gift the money to a lot of individuals and earn more, instead of investing it into just a few accounts in their own name.
You will hold an account at a specific broker and our team will manage it for you. You do not have to do anything. We do all the work for you.
The only difference is, that you never have to pay anything into that account and you are never responsible for any losses that may occurre in your account. You also will not hold any risk, like many other people do not.
You will get 50% of the gain our team will generate with your account witch is credited with the money of our investors community.
About the website
The public Whois database contains details of the people behind every website address registered. Income4Free.org have chosen to hide these details by using a whois privacy service. However, the Whois data has been changed 14 times since the domain was registered on 28th April 2010.
The use of whois privacy, combined with a total lack of contact details on the website suggests that the owners of the site really don?t want you to know who they are?.
So whats the scam?
In all honesty, I havent quite figured it out yet. It could be a money-laundering scam, with proceeds of crime being distributed around the world into different accounts. It could be an elaborate phishing scam, harvesting bank details when you come to withdraw your money. They are offering commissions when you refer your friends to the scheme, which also suggests some sort of pyramid scam. Without joining up and trying it out, I simply cant be sure, but I am sure that I dont want to do that as I could end up being implicated in a crime.?
One thing is for certain. Free money for doing absolutely nothing doesnt make sense and seems too good to be true. And as we keep telling you at Scam Detectives, If it seems too good to be true, it probably is!
Our recommendation? Keep well clear!
The Above is all thanks to the good guys at Scam Detectives.
This is from me.
I have seen this company promoted all over Apsense, Revpages, Ads, Blogs, you name it. It has been scattered all over the show. I left a comment on one of the revpages stating my concerns, and the owner mailed me, trying to convince me otherwise. I mailed him back, asking him for payment details, i am still waiting for a reply. So i thought, lets waste some time and go check out this great opportunity to make money for sitting on your ass and do nothing.?
First of all, the website looks CRAP. No real effort went into its design, which was a red flag for me already.
Secondly, upon reg. they use Liberty Reserve, i have no problem with that, but personally i will never make use of their services. I stopped in my tracks, and as the guys at Scam Detectives did, i did a whois search.
Here is the results.
Domain Name:INCOME4FREE.ORG
Created On:28-Apr-2010 18:00:53 UTC
Last Updated On:07-May-2010 08:08:16 UTC
Expiration Date:28-Apr-2011 18:00:53 UTC
Sponsoring Registrarirecti Internet Solutions Pvt. Ltd. d/b/a PublicDomainRegistry.com (R27-LROR)
Status:CLIENT TRANSFER PROHIBITED
Status:TRANSFER PROHIBITED
Registrant IDP-SP-001
Registrant Nameomain Admin
Registrant OrganizationrivacyProtect.org
Registrant Street1.O. Box 97
Registrant Street2:Note - All Postal Mails Rejected, visit Privacyprotect.org
Registrant Street3:
Registrant City:Moergestel
Registrant State/Province:
Registrant Postal Code:5066 ZH
Registrant Country:NL
Registrant Phone:+45.36946676 +45.36946676
Registrant Phone Ext.:
Registrant FAX:
Registrant FAX Ext.:
Registrant Email:
Admin IDP-SP-001
Admin Nameomain Admin
Admin OrganizationrivacyProtect.org
Admin Street1.O. Box 97
Admin Street2:Note - All Postal Mails Rejected, visit Privacyprotect.org
Admin Street3:
Admin City:Moergestel
Admin State/Province:
Admin Postal Code:5066 ZH
Admin Country:NL
Admin Phone:+45.36946676 +45.36946676
Admin Phone Ext.:
Admin FAX:
Admin FAX Ext.:
Admin Email:
Tech IDP-SP-001
Tech Nameomain Admin
Tech OrganizationrivacyProtect.org
Tech Street1.O. Box 97
Tech Street2:Note - All Postal Mails Rejected, visit Privacyprotect.org
Tech Street3:
Tech City:Moergestel
Tech State/Province:
Tech Postal Code:5066 ZH
Tech Country:NL
Tech Phone:+45.36946676 +45.36946676
Tech Phone Ext.:
Tech FAX:
Tech FAX Ext.:
Tech Email:
Name Server:NS121.NVHSERVER.COM
Name Server:NS122.NVHSERVER.COM
DNSSEC:Unsigned
Why hide your identity, if you have nothing to hide. I wanted to engage in an email conversation with the owners, so that i can do an in depth track on their ip. but i realy dont have time for that now.
So everybody that reads this can make up their own mind, leave your comments.
Personally, i dont indulge myself with programs like this, i have already wasted an hour of my time.
Go read Marks post about another fishy program. ?Here.
Comments (73)
Sumani Suria
5
Affiliate Marketer
It was difficult nowadays to know which are scams or not for even the scams also mentioned the same ! maybe most them are just the same !
Ona Lynne Nass
2
Thank you Dawie. For some time I have been googling sites that have come my way. Apsnse has helped me avoid quite a few knocks. Although one does not have to pay Income 4 Free...there are a good couple of red flags as you mentioned i.e. quality of page, spelling and a huge ? of legality. Who has $$$$ that must be moved around in 'small' amounts? .......'nough said....
Dawie Bezuidenhout
11
Systems Engineer I.T.
@Buratino, you should know my feelings about SPAMMING by now. That comment you left was very kind of you though, you should have just left out the link. Nice to have someone on the inside keeping us up to date as to what is happening there, and to know where they are planning to move the funds, that is to say if there is any funds left.
Seems to me they are starting to give you members the run around, is the warning signs becoming more clear to you or not yet.
But keep us informed, i appreciat
Cheryl Baumgartner
12
Medical Billing/Coding/Insurance
WHY? If the company is legitimate, are they now transferring these profits to another company?
Wake up and smell the scam.
Viktor(Buratino) Z.
16
School of eBusiness
On this question, or suggestion is difficult to answer and to go into someone else's kitchen I personally do not intend to. I quite pleasant to listen to the news that the income of participants will be transferred to another company
Cheryl Baumgartner
12
Medical Billing/Coding/Insurance
Things that make you go Hmmmmm....
If Income4free is so great why are you now being told to create an account somewhere else for 'ptofits' you earned through income4free? Could it be that they authorities have gotten wind of it and they are trying to stay one step ahead of law enforcement?
Seems fishy to me.
Viktor(Buratino) Z.
16
School of eBusiness
I am no one to defend. Here I only said the truth as it is
Bj aka Bill Brown
14
Hosting and Backup Service provider
@Buratino that is not a defensive reply. It is a cheap and nasty ad that I am sure Dawie will remove.
Dawie Bezuidenhout
11
Systems Engineer I.T.
Thanks Charles, i know this that some are adament it is legit, they will soon find out though.
@Buratino, very easy, Just flick the lightswitch to the ON position.
Charles Obagho
8
PET PROTECTOR
They are scams I tried them out but never got paid....at one time could not log in to my account again.
Viktor(Buratino) Z.
16
School of eBusiness
Good luck in search of a black cat in a dark room
Dawie Bezuidenhout
11
Systems Engineer I.T.
Thanks Warren, looking forward to be working alongside you.
Together we can certainly make a difference here, and maybe in the process steer some people on the right path.
Warren Day
7
Wow, another classic. Just the name of this program makes me cringe
and I take a look and all the usual people are here with facts trying to help out those who might fall for this nonsense.
and as usual, a White Knight appears to defend the program.
and he talks like Yoda, could it be ... Yes, it's Buratino
Viktor, why are you always defending these ridiculous scams?
What is your involvement?
Is this part of your crusade for humanity, freedom and the advancement of the Internet?
If s
Dawie Bezuidenhout
11
Systems Engineer I.T.
Hi Paula,
Thanks for that one, i had a quick look, exactly the same type of program, will add it to my report.
Paula van Dun
16
Retired
I found something similar that looks a lot like this one
mystockdollars .info
Dawie Bezuidenhout
11
Systems Engineer I.T.
Money laundering is the practice of disguising illegally obtained funds to make them appear legal.
In online advertising, money launderers utilize "money mules," individuals who are used to funnel money from ad networks to fraudsters.
The fraudsters behind this practice recruit people to use their personal information to register various websites with ad networks.
Once the websites are registered to display ads, click fraud perpetrators create bogus or copied content on these sites and gen
Cheryl Baumgartner
12
Medical Billing/Coding/Insurance
No I want to see SHADY investments cancelled before some innocent person ends up in jail for taking part in a money laundering scheme. There are no free rides, you do not get 'money for nothing'. If you are getting free money you are doing something for that money.
In this case the source of the money is masked. Anyone with any sense should question where the money came from and why MYSTERY 'investors' are so hot to give that money away to people they do not know. There is only one logica
Viktor(Buratino) Z.
16
School of eBusiness
@Cindy Bolley
However, advertisers pay for advertising on APS, my e-mail to send the cashlink, but I do not leave it on advertising and I have not counted on account of money and I feel that through me launder money:(((
Viktor(Buratino) Z.
16
School of eBusiness
@ Dear, ppl_cheryl63
I repeat that I do not know where are the investors' money, you and the advertisers APS and know I would, because it's not my money. And now you apparently want to cancel any investment in the world?
Dawie Bezuidenhout
11
Systems Engineer I.T.
Wecome To Cindy and Bill.
Nice to see you joined in this debate.
I frankly don't know what too say anymore. I am now a follower of your comments, i said my say and i will leave it at that.