Is Cash Tracking System a Scam? You Better Read This!
If you were thinking about signing up for Cash Tracking System, you might want to think again. It is probably not what you think it is because the series of videos that they show you to try to get you to buy into it are very misleading and make it seem like the greatest thing since sliced bread.
So is Cash Tracking System a scam? Heck yes its a scam, and in this review I’ll go over why.
Cash Tracking System Review
- Name: Cash Tracking System, aka CTS Elite
- Website(s): cashtrackingsystem.com, financialfreedomsites.com, richatlast.com, and more
- Price: $250 + $34.95 + $25 MINIMIM
- Recommended?: Absolutely Not
What They Tell you
Obviously you were pretty suspicious of what they were telling you because you did some extra research and came across my review. And good for you, your intuition was right.. It seemed like a scam and it is.
The Cash Tracking System has a series of 7 sales videos. They are intended to butter you up a little more each step of the way and get you ready to take out your wallet and buy into it.
The main sales pitch that they throw at you is that 3% of people hold 97% of the worlds wealth. The extremely rich have it all. And they tell you that its because these rich people know something that the large majority of us do not.
And of course Cash Tracking System is going to fix this problem for you, because you are going to be able to buy into this secret system and get your hands on some of that massive fortune that the 3% is able to get.
What Cash Tracking System Actually Is
This program is nothing more than a cash gifting scheme.
What happens is that members buy into this program, they pay a “cash gift” to the person who recruited them. And this is how the program stays in business. Their cash flow is totally dependent on new members buying in and giving cash gifts.
The amount of the cash gift that you have to pay to buy in depends on the level that you want to buy in at.
Isn’t This Illegal?
It is absolutely illegal in most places. But one of the reasons this scam may have been able to get away with it for so long is because it is disguised as a MLM.
They do have a product that they sell you. When you buy in you have to pay $34.95/month for hosting + $25 for a website setup. And that is in addition to the cash gift you will be giving.
Because they do provide this product some people may see it as a legitimate opportunity. But the fact of the matter is that the product they give you will only be used to recruit more people into the program and to get more cash gifts.
What You Will Be Doing to Make Money
As you can imagine, just as someone recruited you and tried to get you to pay them a cash gift and join this program, you are going to be doing the same thing.
The website they provide you with will be specifically designed to promote Cash Tracking System to other people.
Cash Tracking System Levels
The amount of a cash gift that you will have to pay depends on the level that you want to join in at. There are 4 levels, and you only can earn money from people you recruit if you are at the level they buy in at. This gives members incentive to spend more money and buy their way up to the top.
Example: If you buy in at level 1 but you recruit someone who buys in at level 2, you will not be able to get any cash gift.
The cost of the 4 levels are…
- Level 1 – $250
- Level 2 – $500
- Level 3 – $1,000
- Level 4 – $2,000
The Reality of Cash Tracking System
The reality of it all is that it will NOT be easy to make money with a program like this. I mean just think about it… how easy is it going to be to get other people to buy in and sign up for this? Even you were very hesitant and had your suspicions that it was a scam. Other people are going to have the same suspicions and avoid it as well.
And another important thing to know is that this system WILL get shut down by the government if its operated in the US. Its only a matter of time. Luckily for the owners, it hasn’t gotten large enough for them to even care about it.
The government can’t shut down every little scam that is out there. They just don’t have the resources to do so. But what I have found is that when a scam gets big enough, they will step in and shut it down.
And I have seen internet scams shut down that are much less “scammy” than this Cash Tracking System.
Final Thoughts & Advice
Programs like this are just stupid. They promise you riches but they never work out. You will end up losing your money and the small amount of time you put into it looking to get rich fast.
Making money legitimately is all about providing value. This program provides just about no value at all. Pretty much the only value it provides is a crappy website that could be bought for $20.
My advice to you is to listen to your gut feeling. Listen to that little voice inside your head that was telling you this sounded too good to be true. It sounded that way because it is too good to be true, which makes it false.
The entire programs is false. Its filled with false lies, and a bunch of misleading information just to try to get you to buy into it.
What I Recommend
If you are looking to make money online and are looking for a program that actually provides you with value, then Wealthy Affiliate is what I recommend.
Wealthy Affiliate is an online business platform that provides training, tools, support, and other resources for people to make money online in affiliate marketing, which is when you make money promoting products online. At Wealthy Affiliate you will learn how to create a website, drive traffic to that site, and ultimately make money.
It is a great place for beginners to start out and it is where I started out. There is easy to follow step by step training. And possibly the best part of it all is that they have a free membership where you can get started for free and test drive the system. I have already written a review that you can read by clicking the link below if you want to know more…