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  1. #1
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    Starting at 12 AM Eastern Standard Time tonight, ANYONE, 18 years or older, anywhere in the world can get a real bank account and a real debit card and the opportunity to earn money simply by telling others about this service.

    Read all about it:
    http://www.mastermcom.net/cash.html

    Hey even Americans can join. We are aren't discriminatory.

  2. #2
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    Fred
    I have to ask.
    If your schemes are so great, why do the websites look like they cost $10 to build.

  3. #3
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    Because $10 works...why spend a zillion on fluff.

  4. #4
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    Haiko - how can Fred's post be considered anything but SPAM?

  5. #5
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    Haven't we been through this before, Dignan?

    I believe that Haiko has stated several times that active members can post affiliate links. Fred is NOT the only one that does it. Haiko can correct me if I'm wrong, but I don't think he has an issue with members posting affiliate links (which is very different from drive-by spammers).

    Of course, that shouldn't prevent anyone from pointing out the high-sleaze factor of the programs Fred generally promotes.

  6. #6
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    Yo, Ceddy baby...you promote BeFree and Linkshare...,there aren't two more sleazy programs on the net.

    So I wouldn't start calling the kettle black when you are in the same pot.

    You are entitled to your opinion as to the sleaze factor...but dear Saint Ceddy considering, I have made over $300,000 in money for my affiliates and email members that they actually got paid and even more for MLM members, - so you should basically simply go soak your head in the Snare slime pool.

  7. #7
    ABW Founder Haiko de Poel, Jr.'s Avatar
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    <BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Cedric:
    Haven't we been through this before, Dignan?

    I believe that Haiko has stated several times that active members can post affiliate links. Fred is NOT the only one that does it. Haiko can correct me if I'm wrong, but I don't think he has an issue with members posting affiliate links (which is very different from drive-by spammers).

    Of course, that shouldn't prevent anyone from pointing out the high-sleaze factor of the programs Fred generally promotes.
    <HR></BLOCKQUOTE>


    All,

    Cedric is 100% correct!

    We allow affiliate links to offering help one another, some take advantage of it and they justly get slammed for it, we police ourselves.

    Haiko

  8. #8
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    Wow! For $25 a month I can get a debit card!!! SIGN ME UP!!! WHO IS GOING DOWNLINE FROM ME!!?!?!

    So besides the bank accout in a nontaxhaven country (read it, it is not a tax haven), what do you get for your $25 a month? Please Fred, tell me. I am excited.

    If anyone is interested, here is what this is really selling past the pyrmaid scheme. An investment scam. It is simple. The owner of cashevolution picks some penny stock, buys a ton. Then mentions it as the investment choice for that month (that is what you paid for), the investment goes up because 10 fools on the list bought the investment, the owner dumps the stock and cashes in. Repeat monthly. That is why it is monthly, it is a pump and dump scheme, a real investment group would look to something more than having to buy a new stock monthly.

    Your money is not guaranteed, your investment is illegally handled by them (according to new zealand law where this is located.)

    The ownership is tracked via a database. Each member that invests will get percentage/shares of the investment which will in turn be owned by CE with a broker.

    You have no recourse to your money, including your downline money until they say it is okay to give you your money. They have no notice on banking fees besides being reasonable for an offshore bank.

    This is s scam and it is currently being looked at by the New Zealand SEC. So throw money down the toilet all you want, just don't be surprised.

    By the way the guy who runs this scam previously ran a worm farm scam. A little closer to the **** he is.

    Chet

  9. #9
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    lol, Prof, you DO have a sense of humour. I didn't know.

  10. #10
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    worm farm? sounds interesting..
    how much does that one cost?

  11. #11
    ABW Founder Haiko de Poel, Jr.'s Avatar
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    Fred,

    I was going to join, for a few reasons [img]/infopop/emoticons/icon_wink.gif[/img], but I see total and blatant fraud on this one.

    I can set up an offshore bank (in minutes) and take the $300 per annum/ user and cook it, maybe even in these times make some $ to float but it just seams like a bloody fraud to me. The pyramid is just that.

    Haiko

  12. #12
    ABW Veteran Student Heyder's Avatar
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    <IMG src=http://www.abestweb.com/ubb/icons/icon5.gif>

    [ 05-16-2002: Message edited by: Heyder ]

  13. #13
    ABW Veteran Student Heyder's Avatar
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    Sorry couldn't resist

  14. #14
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    Heyder...why did you take that out. I was wondering if it would increase my wifes bust size, grow hair, remove the flab around my belly, and increase my (not typed for good taste)

    [ 05-16-2002: Message edited by: TH Media ]

  15. #15
    ABW Veteran Student Heyder's Avatar
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    Tom, Your wife is a nice looking lady already. I hope she slaps you a good one for that. [img]/infopop/emoticons/icon_wink.gif[/img]

  16. #16
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    Haiko,

    Here's the deal - The $25 part is simply to add a way for members to earn money and the downloadable course is the real product.

    The debitcard is also a product. And in case anyone wants to know debitcards are not FREE anywhere - either the bank pays for them or you do.

    The bank and the debitcard company make money
    on the account fees and the transactions - it's no different than if you pimp credit cards, you get a piece of the annual fee and the bank makes all the a rest only the split is not monthly or funneled down a few levels.

    You can call Loyal Bank and talk to them.

    For Americans it's a deal for lots of folks who cannot get a bank account...it's even a bigger deal for people where banking costs are exhorbitant and god couldn't get a credit card or debitcard.

    I know this - people will get a real debitcard and a real bank account and hosting for a real web business. If they work it they may make money, if not they may lose.


    Will it become General Motors or GE or Citibank - who knows. But for $25 and a few hours effort to post a presale page and link
    what do you have to lose. It's the same thing as picking any merchant - you may win and you may lose.

    It's a killer set-up, in my opinion. But it is definitely out of the box from the way the things are normally done.

    You have heard of the guy who started the micro loan bank in Bangladesh that turned into a billion bank - well this is the same thing. For $25 you get to play in the global economy - you may lose or you may win - but you can get in the game now. Millions of people are left out in the non network world.

    Hell, I can buy an offshore bank in 24 hours.
    Big deal...But licensing in St Vincents is not what you would call EASY.

    And what's wrong with being a worm farmer - I know one who makes over $500k per year.

    I am 99.99% sure it is not a scam. If I were desinging a similar program, I do it just about the same way - and if I owned a bank, I be doing the exact same thing. Because, it's how things will be done in the future.

    So give it a try - and see. If it does work you win and you can bet if it does win, I will be down in St Vincents hitting up the bank for some VC.

    Also, suppose it does fail down the road - so what. Maybe a few people who would never have had the opportunity to make $1,500 a month in their life actually get paid what amounts for them to 5 years worth of wages for a month or 2. And win or lose on the MLM part the debitcard is real and you can use it just like the one you could get from Pay Pal - only you need a CC and an American bank account to get one.

    So give it a shot - see what happens.

  17. #17
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    Heyder [img]/infopop/emoticons/icon_biggrin.gif[/img] [img]/infopop/emoticons/icon_biggrin.gif[/img] Good thing she only stops in here occasionally, and hopefully this thread will be a little further down when she gets in.

    Fred, explain something to me. Why would a company require somebody to pay them to sell their products, especially since you compare it to affiliate marketing? How about you give me $500 to sell our webhosting (hell, I'd take $50). Or, how about you spot me the $25.00 to join this program?

  18. #18
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    Yo Chez,

    I see you know all about how the Merril Lynchs and Solomon-Smith Barney et al work.

    Could the CE people do what you say - sure.
    But then your broker or mutual fund does it every day, so what's the big deal.

    Why do you think it costs $500k for a seat on the NY Stock Exchange. Because it's a license to steal money - and whenever they get too greedy they get whacked - it's called a Bear Market.

    So you all keep looking at the bad stuff - and hey isn't the SEC investigating Microsoft. Gee, it must really mean something to be investigated. Duh - the SEC investigates EVERY public company - it's de rigeur.

    So I think it's good that CE is being investigated, if indeed they are and not just your made up fantasy, by the NZ regulators.

    You all keep looking for fraud in everything.
    There would be potential fraud in giving you a debitcard - so may be we should ban you from the program.

    Face it...you are just jealous that there are some people on the planet who are successful while you have to put out 'will work for food' signs to survive.

  19. #19
    2005 Linkshare Golden Link Award Winner  ecomcity's Avatar
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    Fred your inventive to say the least but you spend too much time reading and analyzing those e-mails you pay others to read. My advice would be to sweeten the pot a little. Offer all new members 25.00 worth of worms to cover initial investment so both your new friends and the old one are both happy. I was trying to set up a ex-wife lottery deal, but found out everyone wanted to donate one to the cause but no one wanted to buy a ticket on the off chance they'd win her back..

    Ended up that some divorce attorney took exception to this lottery and wanted to sue me for demeaning his practice even after I offered him some free tickets. Some Arab from Nigeria hear about it and wanted to put 15 million into my bank account to finance the project if I could send him some sample ex-wives.

    [ 05-16-2002: Message edited by: EcomCity.com ]

  20. #20
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    Good question TH.

    One because when someone pays out money it means more than when it's FREE, so there is more at stake and the business owner will more than likely get more effort put in than if it were FREE.

    Hey, I gave away a FREE opportunity and got some 250,000 people to join. And a good portion actually made and received REAL money.

    But it was a big mistake - I should have charged them to join. I wouldn't have had to waste a zillion hours of my time and the person we paid to keep deleting the cheaters and scammers since they wouldn't have been a problem if they were forced to pay to be in.

    I would have had cash in hand to pay everyone ALL the time and not be at the mercy of the scum at Snare and BeScrewed and the deadbeat merchants for payment.

    And sure, I probably would have only gotten
    25% of those who joined for FREE, but with every check those that got a check would have gotten at least one new guy to join. And it would have been a cash cow for all.

    Instead of my having to dick around for hours and hours with legal people to try to make it right.

    Two, because it cost businesses money to keep the books, set up the accounts and such before anyone ever makes a sale - and if it's FREE there is an automatic loss if people do not sell anything.

    If the person is not an 'employee' you can't make them do anything. But if they have invested real cash, chances are they will at least give put some effort in it.

    Take Isagenix - $146 to play in the game and refer 2 people. Well, if you can't make at least 2 sales you shouldn't join. But if you got in FREE, you would still need to make 2 sales and the companies time and my time would be wasted and since no money changed hands everyone would lose.

    I have a deal with the car dealer I bought my car from...I get $100 for every car that is sold to someone I refer.

    I had to buy the car to get the deal - but then if I refer one sale it's $100 more than I would have had.

    When I was 15, I worked at a precursor to McDonald's and Ray Kroc used to show up in his wrinkled suit and broken down car to sell us stuff.

    One day he showed up and said he bought some place in San Berdo called Mcdonald's and he was going to sell franchises and we could buy one for $12,000.

    Well for sure I didn't have $12k but he asked me to see if my Dad would bite. Well to make along story short - no McDonald's franchise for us.

    But those who had $12k and were willing to bust their butt made out bigtime. And I am certain that Ray would have never gotten anywhere giving away franchises.

  21. #21
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    Mike, you build good websites.

    Can you build me a good one. I'll pay you when I get around to it sometime before I die, maybe.

    And I'll tell all kinds of people you do great work. Give them the same deal, okay.

    Your lottery failure was your fault - you should have posted - NO SAMPLES as part of the TOS.

    Lifes an investment - pay now or pay later, either way you are going to pay.

    What matters is what you get back but due to cicumstances beyond my control you will not get back the time or the lost opportunity and there are bumps along the way.

  22. #22
    Full Member garystarling's Avatar
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    Extract from page 1 of Fred's website:

    "But even more important is the 'What's in it for me' factor. Hundreds of millions of people around the world CANNOT get a bank account and/or a Bank Debit Card. Now they can for just $25 and $25 per month or have it all be FREE if they just refer 3 other people"

    Extract from signing up page

    "Note that we currently accept Visa, Mastercard, Amex, and E-Bullion as payment."

    Is it easier in America to get a credit card before getting a Debit Card and Bank account? I always thought it was the other way around.

    So question if I don't have a bank account and therefore no credit cards how do I join in the first place??

  23. #23
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    Send money

  24. #24
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    Haiko, my concern is that - and you would know this better than me - there are a lot of newbies who peruse this board and never make a post. They see an "Elite Member" of your forum, called the "Professor", post many exciting opportunites! Why not join, right? It sounds so good! Well, little do they know that the so-called professor is actually a deadbeat merchant, who constantly pushes pyramid schemes.

    This is your forum. You make the rules. I have no problem with that. If Fred's spam is allowed, I won't complain about him spamming anymore. But in my opinion, allowing any one of your members to promote pyramid schemes reflects poorly on that member AND you - especially when that member is a merchant who has already skipped out on paying many of his affiliates.

  25. #25
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    I honestly agree 100% with the last post. It's easy for us to have some fun with these posts, but a newbie visiting ABW looking to get into 'the biz' might fall for one of these 'opportunities', possibly even in the belief that they are somehow endorsed by abestweb.

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