Social Cash Robot Review: $49 Ponzi investment shares
There is no information on the Social Cash Robot indicating who owns or runs the business.
The Social Cash Robot website domain (“socialcashrobot.com”) was registered on February 26th 2016, however the domain registration is set to private.
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 Social Cash Robot Product Line
Social Cash Robot has no retailable products or services, with affiliates only able to market Social Cash Robot affiliate membership itself.
Once signed up affiliates can invest in $49 shares, which qualifies them to earn commissions via the Social Cash Robot compensation plan.
Bundled with Social Cash Robot share investment is access to “valuable downloadable products”.
The Social Cash Robot Compensation Plan
The Social Cash Robot compensation plan sees affiliates purchase $49 shares, with commissions paid when subsequently recruited affiliates do the same.
As long as new funds continue to be invested in shares, there is no limit to the ROI paid out on each share.
Referral commissions are paid out when Social Cash Robot affiliates recruit new affiliates who invest in shares.
These commissions are paid out via a two-level deep unilevel compensation structure.
On level 1 (personally recruited affiliates), Social Cash Robot pays out a 10% referral commission on any funds invested.
On level 2 (affiliates recruited by personally recruited affiliates), a 5% referral commission is paid out.
Joining Social Cash Robot
Affiliate membership with Social Cash Robot is tied to the purchase of at least one $49 share.
Any additional shares purchased will increase this minimum cost.
Social Cash Robot is a straight-forward Ponzi scheme.
Affiliates invest $49 for a position, which earns them a passive ROI as new positions are invested in by other affiliates.
Tying all of this together is access to a download library, which could be substituted for anything. The ROIs are why affiliates are investing in Social Cash Robot shares.
Shares are the bread and butter of the Social Cash Robot system!
Each share will cost you just $49 each and this will guarantee you a lifetime of passive income.
There is no limit to how much profit these shares can earn you. The more shares that you have, the more passive income you will earn!
Furthermore, the use of newly invested funds to pay off existing investors is evident in Social Cash Robot’s “no refunds” refund policy:
You WILL NOT receive a refund under any circumstances.
No external funds enter the system, with all ROIs sourced from affiliate investment. This key characteristic defines Social Cash Robot as a Ponzi scheme.
As with all such schemes, once newly invested funds run dry, so too will ROI payouts made to Social Cash Robot affiliates.
This will manifest itself by daily ROIs paid out on shares dropping, before ceasing altogether.
At that point the anonymous Social Cash Robot admin does a runner with what’s left, leaving the majority of investors out of pocket.