Cash Gem Scam – If You Really Want To Make Cash Money Online !!!
If you want to avoid embarrassing yourself in public, gain real trust from your social media followers and earn good cash money online in years to come, CashGem is the exact kind of site that you should stay away from.
CashGem Website
- Product Name: CashGem
- Website URL: cashgem.co
- Type: Data harvesting scam
- Owner: "CashGem, PTY" (fake company)
- Launched: April 2020
Price: Free
What Is CashGem ?
"CashGem" claims to be the #1 "Cashing Network", pays out a lot of money to users for barely doing any job :- $30 cash bonus just for sign-up
- $100 Promote via a TikTok and Snapchat
- $50 Promote via a youtube Video
- $50 Promote via Facebook Video
- $50 Promote Via Referral Facebook
- $50 Promote Via Instagram
- $45 each time you complete a "task" in Cash Wall.
- $15 for every friend you invite.
It falsely offers a large amount of money just to get you to do some fake "tasks" set out by illegal advertising agents. Your CashGem account balance may increase very quickly, but it will never let you cash a single cent out of it.
None of the tasks listed in the Cash Wall is really a task. They're all fake reward giveaways. ($100 McDonald's gift card! $1,000 prepaid Visa card! etc.) To complete a task each time, you are required to give out your personal information detail (full name, email address, street address, phone number, date of birth, etc.) all of which will be sold to third-party spammers.
How "cashgem" works :
It promises to paying $15 each time you refer friends to CashGem, so you'll end up encouraging as many people to sign-up. You could earn many of dollars just by referral inviting , but to become eligible to cash it out, you have to complete "tasks" from the CashGem's Cash-Wall feature. And the Cash Wall is where your personal identity will be stolen!None of the tasks listed in the Cash Wall is really a task. They're all fake reward giveaways. ($100 McDonald's gift card! $1,000 prepaid Visa card! etc.) To complete a task each time, you are required to give out your personal information detail (full name, email address, street address, phone number, date of birth, etc.) all of which will be sold to third-party spammers.
Withdraw Via Paypal
If you're ready to withdraw, you can request a payment cash out to CashGem with a click of a button menu which will simply be ignored.Contact support doesn't really exist is a waste of time. Occasionally they would respond to say the payment clearance system is down, therefore it may take X weeks for you to receive your money. It's just an excuse to avoid you temporarily. Soon your access to CashGem will be blocked, and the site will vanish. That'll be the end of it, and you will never receive any money.
It Pretends To Be Legit Now you know how CashGem deceit you just to sell your personal information to spammers. But if you still feel it's hard to believe, that's because the scammer has made the entire website as legitimate as they could. I'll show you how the information is falsely made up in a little while, but here are a couple of tricks to try to convince users.
Firstly, it's a "preferred payment method". When you log in for the first time, you'll be asked to enter the payment information - how you want to get paid. The choice between PayPal, CashApp, Venmo, Bitcoin, or by check. Just to make it look like they're ready to process payment at any time.
And secondly, it's the "Fraud Policy" page (https://cashgem.co/fraud-policy). It tells you what you're not allowed to do, such as;
Of course, they're all stock photo models. These "vice presidents" don't exist...
- Repeatedly clicking your own link
- Buying fake traffic
- Signing up under your own referral link
- Using any automation software, etc.
Fake Team Owner
Three friendly, smiley faces photo and their job titles "Vice President of Business Development", "Vice President of Marketing", and "Senior Vice President of Demand Generation and Partner"... They may give you the impression that CashGem is a well-established company, and you may have a pleasant experience on this site.Of course, they're all stock photo models. These "vice presidents" don't exist...
may be not just a scam web like CashGem but with any legitimate company - boasts "big words" but fails to explain what they actually do in plain English, never trust them. They're not being straight forward with you and they will never be. Their business is going to do very little favors to you.
CashGem Registration Site
CashGem claims that it started its "business" in 2015. Not telling the truth, because the site was only first registered in April 2020 - it's brand new.
It goes on to claim it was "invited to over 30 advertisement summits and have won awards for our high paying offers" in 2018. There is no such thing, either. If a company, a bank, or any organization, can offer rewards in high value, there should be a valid reason for it, e.g. making good profits and the result benefits the stakeholders. Without any explanation, CashGem's claim is totally fabricated.
Lastly, it claims to be partnered with "more than 300 companies to bring you the top offers on the task wall." There aren't 300. There are only a few, and they're all illegitimate spam agencies!
The Company Does Not Exist
According to the CashGem's T&C page (https://cashgem.co/terms), the site is owned by CashGem, PTY, Melbourne, Australia. Such a name never appears in the Australian company registration database. But on the other pages, it claims to be based in the Netherlands. The contact address is shown as "Willem Barentszstraat 68 Utrecht, Netherlands". So this is what you'll find if you search the address on Google Maps. As you can see, this is just a residential address - CashGem is not a company.
Testimonials - Payment Proofs
You may know by now that the testimonials are all fake - these people are obviously posing for the camera. All the photos are downloaded from royalty-image sites.Payment proofs are all cheaply made - anyone can manipulate screenshots, send fake SMS messages and create graphics like those using free software online.
There Is No Such Sponsorship CashGem claims to be sponsored by all these well-known brands such as Amazon, Pizza Hut, Norton by Symantec, etc.
That's not how a "sponsorship" works - it should work in both ways. A sponsorship campaign should show a mutual benefit between each company and CashGem. Without explaining how each company supports CashGem and what for, this is clearly fake. CashGem just placed the brand logos on the homepage, unauthorized. It's not sponsored by any of them.
CashGem Cash Wall
As I mentioned earlier, Cash Wall is where they try to steal your personal data and sell it to third-party spam agencies. Each one tries to lure you in by flashing a fake prize, but it doesn't even say "Win Fortnite for Android" "Win McDonald's gift card", giving you a false impression that you might automatically receive the item for free if you complete the task. And what you're required to do is to answer a few silly questions - not even survey questions. None of them is barely a task. If you stop and think about it for a second, it'll be clear to you that they're all there for spamming purposes.
If you give out your personal information, you'll start to receive unsolicited emails, text messages, and odd cold-calls. You'll never receive any of these items for free.
National Consumer Center
If you live in the USA, as you try one of those "tasks" in the Cash Wall, you are likely to be directed to another site "National Consumer Center" - the name of which sounds like a legitimate organization, but it's a notorious spam agency.CashGem is an affiliate to this agency and, each time you give out your personal data, National Consumer Center will pay CashGem a very small commission (approx. $1 - $1.20).
That's how CashGem makes money - that's how little it makes money! You see why CashGem wants you to invite as many friends and social followers, because if 100 people complete a "task", CashGem will make $100-$120. There is no way it can pay you $45 each time you complete a task, you see?
How would you feel if they said, they'd give you $15 cash each time you invite your friend to the shop, even if you never spend a dime on them? If they said they'd give you $45 every time you answer a few questions?
Review source: Ray Alexander
Ray Alexander - Over the 15 years He have been involved with web-design, programming and online-marketing. He work from home, services and programs in order to make cash money online. He is help you to succeed in building a profitable business online by sharing he's experiences.
