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Is this a scam
rf900rush - 7/11/10 at 11:22 PM

myshoppinggenie

I Know some one who has be to a seminar for this.

My first impression is not good.

Is it a scam?


slingshot2000 - 7/11/10 at 11:26 PM

Could very well be a Pyramid Scheme, which is just a scam by a different name! Be very carefull with your cash, it is hard enough to come by with out loosing it !

Pyramid Sellers always used to recruit 'cannon fodder' with seminars in nice hotels and wine bars, be careful!

[Edited on 7/11/10 by slingshot2000]


Peteff - 7/11/10 at 11:47 PM

How can it be a scam, I've just looked at the website on Google and it says it's free

Anyone who tells you something is simple and painless is selling you something. Nothing in life is simple, painless and free.

I am a practising cynic and have almost perfected it.


MikeRJ - 8/11/10 at 01:19 AM

It's a type of Pyramid scam invented by a convicted criminal. You pay a load of money up front and then get incentives to recruit other people to do this. You also get to distribute a "free" application that on the face of it is a search engine for prices of goods on the internet, but almost certainly does more than this in practice (e.g. email address harvesting)

[Edited on 8/11/10 by MikeRJ]


balidey - 8/11/10 at 07:55 AM

I saw this quote....

quote:

the fact that saving money has become very hip


Well 'Daddy-O' ...... to me it looks no different than if you go on Google, search for an item, hit the 'shopping' button and filter cheapest items first, thats what the 'genie' does. They claim to give you a commision if you buy from them, but it looks too suspect to me. I personally wouldn't touch it with a barge pole.


jossey - 8/11/10 at 09:25 AM

it was mentioned gadgetshow.

they had to make an apology due to stating its crap.

the owner provided evidence it pays out.

although its easier to win the lottery than get the 50 people spending to get your money back.

dave j


Daddylonglegs - 8/11/10 at 12:32 PM

RUN AWAY!


MikeRJ - 8/11/10 at 01:03 PM

quote:
Originally posted by jossey
it was mentioned gadgetshow.

they had to make an apology due to stating its crap.

the owner provided evidence it pays out.


Pyramid schemes can pay rather well to those on top of the list, doesn't make it a viable business model unless you are one of those people though!