Wednesday, May 7, 2008

Cash Gifting Review - Scam Or Legal?

Gift giving is prevalent in any culture. So what makes Cash Gifting different and what are some considerations that you should know?

What Is It?

The information age has brought on the idea of Cash Gifting online. It is literally what it sounds like. One person sends a "cash gift" to another person, and so on and so forth.

Rather than having a legitimate product to sell and distribute, Cash Gifting programs eliminate the product entirely and just exchange the money. They claim that this is the whole reason that someone gets involved with internet marketing in the first place. They are looking to make a substantial online income and aren't as interested in the products that they are promoting. What they are really after is the money. That is a rather broad assumption I believe.

Is It Legal?

The Cash Gifting programs claim that they follow the stringent laws designed by the IRS to protect consumers. However, when you are exchanging money with people, what if something goes wrong? The likelihood of running into problems with litigation is increased dramatically when you do not have a tangible product.

One thing that is very concerning is the fact that whenever you go to a Cash Gifter's website, you will never see anyone's faces. This is concerning for the fact that with a typical website, you want to brand yourself. You accomplish this goal by including pictures of yourself with audio or video messages welcoming people to your site. The fact that you do not show your face on a Cash Gifting site, leads me and most anyone to believe that there is something to hide. Possibly that there is even something illegal about the process.

What Should You Know?

Cash Gifting is just like any other online business. The way that marketers become successful is by driving large amounts of traffic to their websites. This can be done online or offline, with advertising dollars or without. The highly successful Cash Gifters will be those that are proficient at marketing.

In conclusion, whether or not Cash Gifting is a scam or legal is up to you. There are definitely some red flags that go up in my mind, but it is up to you to make your decision for yourself. There are some people who have done very well with this business model. However, it seems rather risky to me.

If you're interested in earning a Substantial Online Income, visit Brian's Big Ticket To Wealth website.

About the Author: Brian McCoy is a six figure earner and one of the top income earners in the home business industry. Brian works with entrepreneurs around the world. He devotes the time, energy, and effort into his team and works with them to ensure their success.

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