Could there be a resurgence of the ad pack Ponzi scheme in 2020?
Posted: Oct 26, 2020
There is more opportunity than ever to make money online but with that also comes people that are trying to take advantage of the people looking for these opportunities.
On my website, I spend a lot of time uncovering scams and give a look at what it takes to create a successful online business but lately, I have been seeing a trend that is very disturbing.
The resurgence of the ad pack Ponzi scheme.
What is an Adpack?
Is a package of advertisements you buy from a website. You can use these ads to promote your products on the website or websites it’s affiliated with.
The advertisements often come in the form of banners, videos, pictures people can click on.
On most websites that I have seen offering these ad packs, they’re somewhere between $10 — $40.
This sounds like a normal PTC advertisement but can easily be turned into a Ponzi scheme.
What is a Ponzi Scheme?
A Ponzi scheme is a form of fraud where someone convinces people to invest money in a non-existent opportunity promising returns and pays back the investors with the money from other people that invest in the fake opportunity.
The scheme is named after Charles Ponzi who scammed a remarkable amount of people in the 1920’s out of their money with this method.
In the last few months, a lot of websites are offering ad packs that claim to get you clicks but at the same time encourage you to click on ads on their websites at the same time they ask their investors to keep buying packs and wait till they "mature".
You might’ve encountered websites that run a Ponzi scheme without even knowing. This is why it’s important to be able to spot the red flags.
A great explanation about how to spot red flags is done in this product review that works with Ad packs to make money.
What can you do to not get scammed by an Ad Pack Ponzi scheme?
- Learn about the general red flags that come with Ad Pack Ponzi schemes. When you’re looking for new opportunities online you’ll come across a lot of innovative ways to earn money that’s why it’s important to know what typical red flags are.
- Ask yourself if you truly know the ins and outs of how you and the website earn money.
This can be a huge help in uncovering schemes. If it doesn’t make sense and the website owner can’t give you an adequate explanation than stay away from it.
3. Read website reviews and user-testimonials
Google the website and find out what others have to say about the ad pack opportunity. If it turns out to be a scam I’m sure at least one person will have posted a review or testimonial on a website.
Is there a resurgence of the ad pack Ponzi schemes?
Hard to tell.
I run into these websites because I pro-actively look for them to expose them but nevertheless It’s advised to learn how to spot these Ponzi schemes so you won’t become a victim of them.
Rogier is a podcaster, digital marketer, and the founder of Real Digital Success an initiative that wants to show people what it really takes to create a business online.