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 “email@example.com” appearing on Automatic Mobile Cash receipts:
You’ve got cash!
iDomain Media (firstname.lastname@example.org) 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: email@example.com
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.