GetMyAds Review: $50 investments & a boatload of suss
Upon initial inspection, GetMyAds doesn’t pass the sniff test.
The GetMyAds website domain was anonymously registered on the 4th of December 2015, with the opportunity officially launching earlier this year.
According to the GetMyAds website, Frank Hanson is the CEO and Founder of the company.
Hanson lists his location as the US Virgin Islands on his Facebook profile, which is presumably where GetMyAds is being run out of.
Hanson’s GetMyAdsAs corporate bio is little more than a marketing spiel, but his Facebook profile does provide some actual information.
Frank Hanson is the CEO and founder of ‘GetMyAds’ Online Business, a multi-million business enterprise who was crafted from scratch by this very young visionary-entrepreneur.
This 33-year old budding entrepreneur transformed a meager borrowed capital into a corporate wonder with global reach.
This business prodigy, named Morgan Lewis, was just an unassuming business savvy individual who got what it takes to make a big splash in the ‘uncharted waters’ of the online ads business.
No one have had an inkling that this son of a Venezuelan vagabond and an ordinary factory worker would soon become one of the most sought-after business wizard in the ads business particularly in the online world.
A school drop-out at a tender young age of eight years old only, he worked his way to survival by joining the ranks of beggars in downtown Los Angeles.
Notwithstanding his mendicancy, he worked as a part-time assistant to a famed computer graphic artist in downtown LA.
He burned the midnight oil until he became an expert in such field under the guidance of such tech-wizard.
Soon it became evident that his talents have surpassed the expectations of his mentor. Their amazing tandem of talents and self-determination brought them to a computer talents exhibition show where it showcased the best talents in the business.
Their exhibit caught the eye of a visionary billionaire who soon funded their proposed enterprise with just a meager capital to jump-start their fledgling business and transformed it into what it is today, one of the giants in the highly-competitive online ads industry.
Really? Since the GetMyAds domain was registered two months ago, the company is now “a giant” in the online ad industry?
On their website, GetMyAds claim to have paid out 14 million dollars in commissions.
Again, really? This thing isn’t even two months old yet…
In case you missed it, Hanson’s Facebook bio appears to have been originally written for someone called “Morgan Lewis”.
As per Google cache’s records dating back to January 16th, here’s how the original “Frank Hanson” GetMyAds bio looked:
So who’s Morgan Lewis? No idea. His name doesn’t appear in conjunction with GetMyAds outside of Hanson’s suspicious bio.
Furthermore, Hanson’s Facebook profile itself looks pretty suss. Upon initial perusal it looks above-board. A few thousands friends, relatively regular postings containing motivational messages MLM marketers like to spam and multiple profile photos.
The thing that stuck out to me though was all but two friends on Hanson’s account were only added this year. That’s 2,269 friends in less than 60 days, whereas prior to 2016 Hanson’s account was dead.
I’m not saying Hanson’s Facebook account is outright fake, but that’s pretty indicative of someone trying to make an otherwise dormant account look active.
It could also just be related to the launch of GetMyAds, but that begs the question of what Hanson’s history in MLM was prior to 2016.
Between the fudged Morgan Lewis bio, claims of millions of dollars in commissions paid and being an advertising giant despite having only launched last month, nothing so far related to GetMyAds adds up.
One possibility is that all of this might just be a cover for a Euro scam, with Alexa currently estimating that 42% of all traffic to the GetMyAds domain originates out of Germany.
The European-looking stock photo models on the GetMyAds website would appear to somewhat support this.
Oh, and did I mention the corporate address provided on the GetMyAds website belongs to “Linaro Holdings Limited”, based out of Seychelles?
Yeah, and the GetMyAds Terms and Conditions cite Philippine law:
This Agreement shall be governed by and construed in accordance with the laws of the Republic of the Philippines.
Evidently I’m not the only one who figures all of this is pretty bogus. Burren Blog took a closer look at the GetMyAds website and discovered the company initially offered up a Norwegian corporate address.
They’re of the opinion that GetMyAds is a “fraudulent scam” being run by Martin Schranz & Thomas Wos.
While not conclusive, I have to say that makes far more sense than some guy from the US Virgin Islands nobody’s ever heard of.
As always, if an 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 GetMyAds Product Line
GetMyAds has no retailable products or services, with affiliates only able to market GetMyAds affiliate membership itself.
The GetMyAds Compensation Plan
The GetMyAds compensation plan sees affiliates invest $50 in “tokens”. Token investment is made on the implication of an eventual greater than 100% ROI.
GetMyAds don’t specifiy the exact ROI paid out on each $50 token investment, but do state ‘it has always been approximately 1% or more per day‘.
A $6 Referral commissions is paid out on investments made by recruited affiliates, paid out down two levels of recruitment (unilevel).
GetMyAds also mention a “Mentor Bonus” in their compensation plan. This appears to be a cash bonus based on how much an affiliate and their recruits have invested, however specific bonus payouts are not disclosed.
Joining GetMyAds
Affiliate membership with GetMyAds is free, however affiliates must invest at least $50 to participate in the offered MLM opportunity.
Conclusion
On their website, GetMyAds are pretty blase about their operation of a Ponzi scheme.
40% of the value of a token goes into our PayBack pool where every customer will benefit from.
The PayBack Pool is dynamic but since we’ve founded GetMyAds it has always been approximately 1% or more per day that we have paid for every Token.
The size of the Pool depends on the amount of Tokens we’ve sold recently.
tokens = affiliate investment
payback pool = ROI fund
“tokens sold recently” = new affiliate investment.
As per their own words, GetMyAds take 40% of all newly invested funds and use it to payoff existing investors. ROIs paid out are “1% or more per day”, subject to the rate of new investment into the scheme.
This makes GetMyAds a Ponzi scheme. And that’s on top of all the nonsense pertaining to who is running GetMyAds and from where.
A Ponzi scheme collapses once newly invested funds run out, with GetMyAds being no different. Mathematically most investors are guaranteed to lose funds in a Ponzi scheme, with the GetMyAdz admin walking away with the majority of funds invested.
Sans referral commissions, guess where the remaining 60% of invested funds winds up…
Did you know that Martin and his business partners (namely Ronnie and Stefan) are currently being actively investigated by the FTC?
More subpenas are currently being issued and the lawyers of other partners have been notified.
THIS IST A CRIMINAL SCAM A FRAUD COMPANY –WARNING
i find impossible to find any information on top earners in the company… I can’t find any information on this site.
it seems to be to “automated” to be handled by any real person. All of the top achievers in the company are names that I can not even prononce or say.
recent email staes they are sorry for it taking longer then the 14 DAYS they already have to complete your payment, sorry about the 12% fee they charge if you use credit card to purchase tokens, and that they will have to reduce the number of withdrawal requests to just 2 per month.
Some indications of things to come????
I have 250-Token I have been trying to get a $500.00 wire transfer for 2-month and they let the 14-days expire and then they cancel my wire and I hath to start all over again that not good.
Who do we talk two. To file a complaint.
Seeing as you’ve got no idea who is actually running GetMyAds, probably the person who recruited you.
If they’ve ditched you then you’re probably out of luck.
PS. The $500 doesn’t exist, that’s why they won’t let you withdraw.
Simon Stepsys has jumped ship from TAP to this pile of crap, getting reports of his emails to his list coming through today
Yes..looks like all the team from My Advertising Pays are moving over to GetMyAds…OMG! Another Big scam in the making…
Please please no one invest in getmyads because 1 token last four days I was make .2 cent..
Frst few months is good but now they started cheating with GetMyAds.
Please no one buy anything from GetMyAds.
Site has been blocked for 3 days. What is going on ? Is Getmyads in trouble? Thank you.
My account has been frozen for the last 3 days… and GMA’s support closed my support ticket as solved !!!
hello…. I’ve bought 5 token….. in February 2017.
I wanted to go on my account but they don’t recognize my mail… and password for access…. so I can’t do anything…. stange!
hello again….I got in touch with the responsble…big Mantor of my region in Riviera and Valais…. He told me that Getmyads closed its doors…. so nothing to do for our money….just lost!
he said he gave the advise to his partners and people like me who believed in what he proposed to take off their money in time…. but I never received such message and neither did my friends…. so I may think he had much money made with people like us and he knew exactly when withdrowing his money !!!!!
actually he proposed me another kind of placement in France telling me tha it has nothing to do with GMA system…. I told him I have other good things to do with my little saved money!!!!
I CAN’T BELIEVE IN THESE SORT OF THINGS…. I’VE LOST 250 DOLLARS…. THAT’S ENOUGH TO TEACH ME THE LESSON!!!!!!
TRY NOT TO BELIEVE IN THESE THINGS!
BEST REGARDS. GILBERTE
This is a scam website DO NOT join this scheme. I have joined this and I cannot even login to my account anymore.
Their contact email address does not work as well. It is a complete scam website. Stay away.
I don’t know if Martin Schranz really was involved in this project, but if so, it maybe was the last time he spent his time with projects like this.
According to this press release he agreed to a permanant ban of promoting and selling these kind of systems: ftc.gov/news-events/press-releases/2018/06/defendants-settle-allegations-they-deceived-consumers-through-get
Martin Schranz from Dornbirn (Austria) is a typical serial cheater, whose criminal activities I observe since 2002. Now Schranz has finally been prosecuted:
NOLINK://share-your-photo.com/1d1aa17540
NOLINK://www.ftc.gov/system/files/documents/cases/money_mobile_proposed_order_schranz_defendants.pdf
Atm Mr Schranz is living in Arbon on lake Constance in Switzerland and enjoying the money he has stolen from you!
Here is his FB Account for you to leave him some nice messages:
facebook.com/lexxeurope
The criminal career of Martin Schranz in a summary in a German blog:
cafe4eck.blogspot.com/2014/07/martin-schranz-das-ponzi-chamaleon.html