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.
Post Your Ad Here
Comments (73)
Cindy Bolley16
HHCTB?
Advertisers bought paid advertising in the APS and pay with a portal in any way possible, and I get to the post office cash link, clicked on it, watch advertising if the site is expanded and a viewing get 5 cents, which is reflected in the record on my account for the APS.
That part.... does that not sound like Ad Sales Daily?
Anon E.12
Internet Ninja
Nice, I think it is very important that we share this sort of information... Thanks Dawle
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
So you don't know whose money it is or where it coming from drugs, arms dealing, Racketeering etc and you are okay with that. You don't care where that money is coming from as long as you can get your hands on some "money for nothing".
Money laundering is a CRIME. The person caught laundering money knowingly or not, can find themselves sitting in a prison somewhere. It does not matter if you know for sure the money is dirty. You are still subject to arrest and being that this is interna
Viktor(Buratino) Z.16
School of eBusiness
@Cindy Bolley Which one? Please be expressed more clearly
Cindy Bolley16
HHCTB?
All I can think of when I read that is
Ads Sales Daily....
And we know what happen to them.
Cindy
Viktor(Buratino) Z.16
School of eBusiness
Sorry, but I have no one in the corner of your Guard has not yet driven, but I just do not want to argue with a bill-labels, and hunters for "witches".
You, as a former specialist on the law here give us a definition of "money laundering" and specify the finger at me, where in this scheme is the actual money laundering.
Answering your last question, lol, I can only say that investors are-solid people who have money and have decided to invest money in order to get more money. They do not have t
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
Who exactly are these 'investors'? Again where is this money coming from? If this is on the up and up, that listing of investors would be open and available for scrutiny. You have not answered that question and now you do not want to 'debate'. That is the behavior of someone who has backed themselves into a corner and cannot get out of it without revealing something that they don't want known. So what is it that YOU don't want known? That you in fact have no idea of who these mystery 'inv
Viktor(Buratino) Z.16
School of eBusiness
Investors committed indifferent to this scheme they need a stable return on their money. They give money to the professionals. Professionals are hired people to ensure the stability of the receipt of profit for investors. Do not want to debate
Bj aka Bill Brown14
Hosting and Backup Service provider
@bruatino, I did not say you are the owner. The TOS of APSense clearly states NO ILLEGAL programs are to be advertised. ERGO If you are advertising illegal programs then you better remove them because i am going after you big time for the simple reason you are ALWAYS the one defending these scams.
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
So some 'investors' are putting money into this scheme and you expect people who put nothing into it to profit. Now I know it's a money laundering scheme.
Cindy Bolley16
HHCTB?
What a thread!!!!
How did I not see this before today.
Gotta love this APSense community.
Love all the info Great Post Dawie
Cindy
Viktor(Buratino) Z.16
School of eBusiness
@bjantiques Excuse me, but I can not be a supplier of any programs I can participate in them or not.
If I were a vendor, I would not be here trying to understand something logically discussing
Viktor(Buratino) Z.16
School of eBusiness
@ppl_cheryl63 To your question try to answer. But my answer is only an effort of logical thinking on the project.
Give money to this program investors who want to make a profit on their own money. They give money to professionals, trading in the forex market and owning for this robot. By the way Forex is your least favorite HYIP, who came up with the organizers of this dangerous toy is really the purpose is not charitable, but to make a profit for themselves. So, when a robot starts to tread
Bj aka Bill Brown14
Hosting and Backup Service provider
@bruatino, I, with the help of the other admins and a couple of honest members, am going to closely inspect every program you are promoting and if as i am beginning to suspect, you are a purveyor of scams, and that they are all scams and illegal programs in the USA then you will be told to remove them or be removed yourself.
Bj
APSense Administration Team.
Cheryl Baumgartner12
Medical Billing/Coding/Insurance
@Buratino Well you finally put your foot in your mouth. According to your last post defending this scam and I'm quoting YOU:
"The owners of this project did not collect money from people, but rather the broker distributes the bonus money of investors between the project participants to ensure that they make deposits in the forex market."
So they aren't collecting money from people? Where is this 'bonus' money coming from? If they are investing money into a market they aren't investing
Dawie Bezuidenhout11
Systems Engineer I.T.
@Buratino, that is the name that popped up on whois regarding your homepage, so if the site does not belong to you all apologies goes to Michael. Why don't you then help us out by clearing up who you realy are, by completing your profile in a professional manner.
Viktor(Buratino) Z.16
School of eBusiness
@Dawie As I see Michael Krivda in this discussion did not take part.
And you have to answer for the spread of provocation on the Internet
Dawie Bezuidenhout11
Systems Engineer I.T.
@Michael Krivda -aka- Buratino. You can praise this program all you want, you are not going to convince me or any other person that can realy think for themselves.
I haven't looked back at this Blog for a while because i thought the matter was closed, only to come back today to see you are still at it, and you reverted to mudslinging tactics.
If you can't contribute some comments of value, without having to use The Lords name in vain, i think you should leave your comments for yourself.
Think
Viktor(Buratino) Z.16
School of eBusiness
However, it seems that none of the attackers on this project does not understand its terms.
The owners of this project did not collect money from people, but rather the broker distributes the bonus money of investors between the project participants to ensure that they make deposits in the forex market. Long-term deposits, interest rates are defined for the participants, making small deposits to the forex market - 5% a week until the project participants need to reinvest all the interest recei
Mark Hodgetts7
Professional writer and SEO service
Thanks Buratino - you've made me take action - I've reported the site today to the Australian Federal Police. I'm looking fowardto their reply