Automatic Mobile Cash Review: AppMarketCash Ponzi reboot
There is no information on the Automatic Mobile Cash website indicating who owns or runs the business.
The Automatic Mobile Cash website was registered on the 13th of January 2015, however the domain registration is set to private.
Further research reveals emails sent out to affiliates are signed by Joseph Martin, who claims to be the admin of the company.
Martin signs off on the emails as “Admin of Automatic Mobile Cash” and provided an address in Ottawa, Canada.
I wasn’t able to track down an MLM history for Martin. Combined with the Automatic Mobile Cash private domain registration and lack of information pertaining to Martin on the company website, I’m going to flag Joseph Martin as potentially being a non-existent person.
Supporting this are reports from affiliates showing the email address “firstname.lastname@example.org” appearing on Automatic Mobile Cash receipts:
You’ve got cash!
iDomain Media (email@example.com) just sent you money through Payza.
Date: January 30, 2015 3:54:23 AM
Amount Sent: $10.00 USD
Sender Name: iDomain Media
Sender Email: firstname.lastname@example.org
Reference Number: (removed)
Message: Automatic Mobile Cash Payout Dont Forget To Tell Your Friends and Thanks For Being a Part Of Our Incredible Community!
Thanks for choosing Payza,
Further research reveals this email address was used to register the domain “appmarketprofits”.
The domain registration for AppMarketProfits lists the same iDomain Media email address, with the name “Thomas Richards” appearing as the owner.
In addition to the name attached to the iDomain Media email address being completely different, so too is the address. The AppMarketingProfits domain registration contains an address in the US state of New York.
As per the AppMarketProfits website,
Collect $250 Every 24 Hours In Totally Passive Income Starting NOW!
AppMarketProfits launched in early 2014 and promised investors ROIs of up to 1000% on investments ranging from $49 to $500.
The scheme appears to have collapsed shortly after launch, although the AppMarketProfits website remains online.
A complaint published in May 2014 by AppMarketProfits investor Ron Williams reads as follows:
I joined App Market Profits a few months ago for $49.95 and purchased a position to earn commissions with this mobile app software company.
What they do is is buty (sic) and sell mobile apps.
They are supposed to pay commissions depending on how many positions you have purchased.
They owe me $500 so far and refuse to pay.
This website needs to be shut down!
The owner refuses to answer support tickets and pay commissions owed!
Whoever is running these schemes, it would appear we have serial scammers attempting to relaunch a previously failed scheme under the new name Automatic Mobile Cash.
As always, if a MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
The Automatic Mobile Cash Product Line
Automatic Mobile Cash has no retailable products or services, with affiliates only able to market affiliate membership to the opportunity itself.
The Automatic Mobile Cash Compensation Plan
The Automatic Mobile Cash compensation plan sees affiliates invest in $25 “network packages”.
Attached to these $25 network packages are advertised promises of a ROI:
One day, you may earn $10 dollars from one day from one package but the next, you earn $3 Dollars from the same package etc and so forth.
Your network package does not expire nor is there any limits on how much you can earn.
Referral commissions are paid on all $25 affiliate investments. Automatic Mobile Cash pay 10% on investments made by personally recruited affiliates, and 5% on levels 2 and 3.
Joining Automatic Mobile Cash
Affiliate membership with Automatic Mobile Cash is free, with free affiliates able to collect referral commissions.
If an affiliate wishes to participate in the Automatic Mobile Cash network package investment scheme though, a minimum $25 investment is required.
Get $300 Per Day In Automatic Income In 60 Seconds From Now…
YES! That’s right….in just 60 seconds from now you can be on your way to $300 per day in effortless automatic income!
That means you barely have to lift a finger to receive 100% automatic payments every single day using our incredibly powerful and extensive mobile app sharing network!
Under the guise of a non-existent mobile app business, Automatic Mobile Cash operate what is otherwise an easily identifiable Ponzi scheme.
Affiliates sign up with the scheme and invest $25 on the promise of open-ended ROIs, subject to how much new affiliate money is invested each day.
That’s pretty much all that’s happening here, but for good measure here’s Automatic Mobile Cash’s smoke and mirrors explanation:
We offer Network Packages for as little as $25 to get started, once you have a network package, you’ll receive totally passive income from our unique mobile app distribution network.
Everytime an app that we develop or one of our partner’s develops, you’ll receive a payment from each sale.
We currently sell thousands of mobile applications each and every day so this will add up very fast!
And here’s the Ponzi smoke and mirrors:
Where can I find more information about the app’s that you develop and sell for us?
Due to the competitive nature of App Development, we cannot disclose this information.
In the same FAQ the above information is presented, Automatic Mobile Cash amusingly drop the pseudo-compliance garbage on one particular question:
Can I Reinvest My Earnings?
Reinvesting can be done by visiting the Get Network Packages page and scrolling down to the very bottom of the page. There will be a form there for you to use to reinvest.
There it is, straight from the horse’s mouth.
There is no app business, this is just straight up Ponzi investment.
What the admin(s) of AppMarketProfits have been up to since last year I can’t say, but a year after launching that they’ve decided to reboot the same scam with a different name.
As with AppMarketProfits, once new affiliate investment slows down the scheme will begin reducing the daily ROI paid out to affiliates.
At some point the admin(s) will decide it’s not worth their time and do a runner with what’s left (and what they’ve managed to siphon off the top.
$25 a position might not sound like much, but remember there’s no limit to how many investment positions an affiliate can hold. As the ROIs paid out by Automatic Mobile Cash are open-ended, so too is the amount an affiliate can invest in the scheme.
As per an email sent out to Automatic Mobile Cash affiliates when they join the company,
You’ll NEED to make a network package purchase to start receiving income…. you can test us out with as little as $25 if you wish but we highly recommend you get as many Network Packages as you can afford because you won’t make $300 daily unless you commit to it!
And that’s where the danger lies. People dumping hundreds and thousands of dollars into the scheme, only to lose it all when the inevitable Ponzi collapse hits.
As per Ron William’s experience with AppMarketProfits, don’t expect this to be a long drawn-out saga either when the daily ROIs start to drop.
Once the money runs out, the admin of Automatic Mobile Cash will cut and run. Quick and dirty as they come.
Your right on the money here, when the recruiting stops in a few weeks this will die so quick.
Without a monthly auto ship and a legitimate product you can kiss this good bye soon.
Thank you for the info. Very much appreciated.
Thank you for your information. Hopefully, people will find this before finding AMC.
Recruiting can stop right now, but it wont effect the program. Since you don’t need active recruits in order to earn at all.
Since some people in AMC recruit as many as 20-50 people but none of them buy a pack. I’d think the program wouldve collapsed by now when I take into account a lotta new people signed up as AMC members but none of them are active in the program.
many people getting money out of this system….so how come that your story tells the oposite?????
ORLY? And where do you think the ROI money comes from then?
Yeah, you keep telling yourself that chief… gotta love the crap Ponzi pimps come up with.
Whether people are getting paid or not is neither here nor there. The review does not address that.
The problem is how people are getting paid, that being stealing funds from new investors, who steal from investors who join after them etc.
It’s a Ponzi scheme through and through, hiding behind “but I got paid!” doesn’t change that.
You’re basing your example on a *few* people you knew… Right?
How do you know they’re telling the truth, or even if they are representative samples?
It will probably end up like most other programs organized by the same group of people?
Here’s four of them:
This scam is just another scam in a long line of scams from this group. I would guess they have launched at least 50-100 over the last few years.
I joined but something just didn’t feel right. That’s why I receive emails from BehindMLM as every single company I’ve wondered about, BehindMLM ended up giving a 100% right answer.
When people start getting vague, even someone like me can see something’s amiss.
I’ve tried to warn people as anything I hate is a Ponzi scheme but some people have so much money they’re willing to take a chance on anything.
I purchased a couple of network packages with AMC and I’ve already withdrawn over 80% of my initial investment, which is definitely limiting my risk because I’d only be playing with profit after I’ve recouped my entire initial investment.
HOWEVER, this review is right on the money, and once the money runs out for this program, payouts WILL stop.
As such, be realistic and treat this program for what it is (a PONZI); invest NO MORE than what you are willing to lose; withdraw your initial investment ASAP; then just re-invest or withdraw your profit (play money at this point) as you feel comfortable. That’s how this game is played…
I’ve exchanged emails with a few of the people pushing this and no one can tell me a name of any of the apps they have created….hmmmmmm
So, do you really think that, without a source of income this business, evidently connected to another scammer, will continue to provide income?
Unless this is a money printing operation, no.
Do you really think a company wanting money to invest in apps would not mention their greatest successes? That is asinine. They would be flaunting it on every page.
Instead, this company has sign up info on the main page, just like every other scamming low-life business.
If you like taking a crap on your friends and other contacts, by all means, go for this. Otherwise, have some decency and be at least civil with the rest of us.
well, you are a pro!
but the thing is, ‘ponzi schemes’ are not games, they are illegal fraud.
not only fraud, ‘ponzi schemes’ are ‘felony fraud’. does ‘felony fraud’ sound like an innocent game like ‘hop scotch’ to you?
I have a story for all of you who want to debate Oz on whether AMC is a Ponzi or not …
I was a member of the Achieve Community back when it was all hunky dory. Although I never commented on Oz’s reviews of TAC, I shrugged them off assuming “Yeah … he’s full of it. TAC works man. People are getting paid.” I’m a man and i’ll admit when i’m wrong & I was wrong & Oz was right!
So if AMC’s paying now, get your money out of it and walk away, because you’re just as guilty taking new investors money as the founders are for creating it.
Although I lost money completely in Achieve, I gained a new found awareness about these “too good to be true” paying programs and the long term damage it does to people.
The other thing I wanted to add … the owner of AMC is in Canada. That alone in itself, is enough for me to run like the wind in the opposite direction.
Just for clarification, my last comment has nothing against Canadians in general, but i’d be willing to bet Sylvain Trembley’s associated with this bunch.
I do know for a fact he created several aliases after the collapse of his Online Incomes Club matrix cycler. Ask some of those folks if they got their money back from him.
Posing as a mild mannered hard working Canadian hoping to better the lives of other people. LOL … Kristi Johnson & Troy’s Barnes’ stories to a T!
YEH YOU ARE RIGHT.
SMELL of a rat has started coming out of this AMC thing. They hide behind a screen of smoke. Nobody is accessible if you have a grievance.
I started with 2 pkgs. earning was fantastic and in less than a month i raised my postions to 19 and now the well seems to be drying up.
where i was earning $10 to 12 in 24 hours with less than 10 pkgs, now 1 am earning $3 to 4 per 24 hours with 19 pkgs.
I bought 2 pkgs with amc. I started getting paid then it slowed and now it’s been 4 days with no payouts.
One day they actually took money away. It wasn’t much. But I should have known better.
My hubby has bought way more pkgs and hasn’t made anything in 3 days. They ARE a scam! You can’t get any answers.
Yup. It’s a ponzi allright just a very bad one. These people don’t even know how to run a good ponzi!
You have got to be kidding! I’ve being doing business online for several years. The number of Scams coming out of Canada pale in comparison to those coming out of the US.
All one has to do is look around at the number of sites showing scantly clad women wrapped in the american flag, sprawled on fancy sports cars in front of multi-million dollar mansions being showered in american dollar bills.
The Canadian laws are far stricter than those in the US for these types of programs. I doubt also if, Joe Martin (if that’s his real name) is from Canada.
Before making an assumption like you did, get your facts in order. 🙂
What….Canada is more sticter?? um yah NO….not trues..
guys recognize ponzi’s when you see them…cum on. now.