Your Net Profits Review – Big Money Or Waste Of Time?
Today in this Your Net Profits review I’m going to take a look to find out if you can make money with this platform or if it’s a waste of time.
There’s the latest cryptocurrency MLM that is promising a 15% per hour return on investment.
I decided to take a look and chances are someone probably may have approached you about this investment opportunity.
No doubt you’ve landed on this blog post to make sure Your Net Profits are legit and something you can make money from.
The good news is I’m going to walk you through the company products and compensation plan. So you make the right decision to join or not.
Your Net Profits Review: Update October 2020
At the time of my updating this blog post, the URL for Your Net Profits – www.yournetprofits.com – isn’t working.
When that happens, that’s a sure sign that the SCAM owner of the website has taken it down and moved on to greener pastures.
“Greener pastures” means starting another SCAM cryptocurrency MLM and scamming unsuspecting, gullible people all over again.
This is what scammers do.
They create a so-called “business opportunity” with a ridiculously large return on investment and just wait for lazy people to take the bait.
I say “lazy” because 99% of the time the people who fall for these scams are looking for fast money/quick profits without any work on their part.
The scammers know this and they profit from it!
It works like a charm every time – until the Federal Trade Commission catches up with them.
Your Net Profits Review – No Information On The Owner – Red Flag #1
When you first land on their website, there is no information on who runs or owns it.
There is no CEO, President, CFO, Founders or Co-Founders, CMO, CTO or any Leadership Council.
Since I couldn’t find the owner, I decided to take a look at the date the domain was registered.
Your Net Profits domain was privately registered on July 17th, 2020, which is very recent.
The address of Your Net Profits is some PO box numbers in Panama.
This Panama address is probably fake because I couldn’t find anything in relation to a business operating here.
It’s obvious that Your Net Profits clearly has no transparency, however, they want you to invest money into the business.
Please understand this: When you see a so-called “online opportunity” similar to Your Net Profits that promises you income without any work on your part, with a ridiculous Return On Investment (ROI), these shady characters are trying to avoid the authorities.
They want to avoid the authorities just long enough to get a HUGE payday from YOUR wallet!
If the authorities ever catch up with them and proceed to shut down their illegal enterprise, there’s no one to go after.
To further prove that these dishonest owners want to remain secret, read this ridiculous statement in the FAQ section of the website
“In order for our company to be able to provide you with this incredible opportunity to make money online, we have made a conscious decision to remain anonymous. This is to protect both our company’s employee’s as well as keep your deposits protected.“
No Retail Products To Offer: Red Flag #2
What makes network marketing different from a pyramid scheme is the availability of retail products to the general public.
In order to keep the Federal Trade Commission off your back, you have to have more retail activity as opposed to affiliates selling to other affiliates.
Regarding Your Net Profits, what you have is actual affiliates just promoting to other affiliates.
When it comes to your net profits, there are no retail products or services for sale; all you can promote is their affiliate membership.
Therefore, what we have here is a good old-fashioned Ponzi scheme, which is why the owner or owners won’t come forward.
Your Net Profits is similar to other scam cryptocurrency websites such as:
The Compensation Plan Is Not Realistic: Red Flag #3
Let’s look at the compensation plan. This is why people are interested in Your Net Profits in the first place. So let’s dig in here. Uh, so
Your Net Profits affiliates invest in cryptocurrency on a promise that they will get a return of 0.15% per hour.
How on earth can you promise a return of 0.15% every hour?
With Your Net Profits, there are no actual investment packages that you need to purchase or minimum buy-ins.
The way this works is referral commissions are paid as a percentage of your personally sponsored downline members’ payments into Your Net Profits.
- Level one pays 10%
- 8% on Level 2
- Level three pays 2%
Although joining Your Net Profits is free, to take advantage of the so-called “investment opportunity” making 0.1, 5% ROI, you must invest some kind of cryptocurrency into the company with no minimum set amount.
Your Net Profit – Is It A Scam?
Here is the “story” the hidden owners want you to believe:
They apparently run an established network of diverse advertising media websites that have allowed them to produce income from a multitude of “traffic sources.”
I took a little closer look at all this, and I couldn’t find any proof, this ad platform they’re talking about
The only income actually seen in the company is new affiliate investments. There are zero retail products sold to those on the outside who have not signed up.
When the main source of revenue is from new recruit sign-up fees, look out!
The way this platform claims to make money for its members is truly ridiculous.
Basically, they’re saying you make a simple deposit using cryptocurrency into the system.
The system then takes that deposit and pays your percentage of income every 60 minutes.
However, I’m supposed to trust this “opportunity” when I don’t even know who the owners are!
If I want to join a business where I have to invest my hard-earned money, I sure a heck want to know who runs it.
The reason why they’re anonymous is that they know they’re running a Ponzi scheme and they don’t want to be associated with it.
Do you think they’re going to come out and admit: “Okay, it was us. We screwed you over real good. We took your money and we ran away.”
When you have a Ponzi scheme, typically companies last from 90 days up to a year.
The Ponzi schemes that are really raking in the big bucks sometimes last longer than a year.
They’re going to do everything possible to make money, and then screw as many people along the way.
There Is A Better Way
A different route, the more legit route, is to learn how to build a business from scratch.
Building your own online business will keep you far removed from defiled online scammers.
As a matter of fact, what I strongly suggest is that you stop relying on the pyramid schemes of unknown cryptocurrency scammers and build your own online business.
The moment you come to understand that you’re going to have to participate in your own financial rescue, the sooner you can start making real progress toward financial freedom.
Frankly, the reason why people fall for these scams is because they want to dump money into a so-called “investment” and expect to make money online with very little work on their part.
As a matter of fact, people are downright lazy and want other people to do the work that they themselves need to do.
This is the reason why online scammers not only thrive but multiply year after year with no end in sight.
You’ve got to get it into your own head that YOU are going to have to participate in your own financial rescue.
Once you really understand that, you can begin to move forward in learning how to make money online the correct way.
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