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Thursday, March 27, 2008

10-Cash: A Newly discovered Scam Site

10-cash-mailIt's already 2008, and this is supposed to be a wake up call for scammers, but what the heck, scammers still stick to the old ways. Hello... people are getting smarter nowadays, and if you think you could easily trick them with flashy antics, guess again!

One of the sites that sticked to the old school scam formula is 10-Cash. A newly discovered PTR Scam site that offers $10 per email, $200 sign-up bonus, and pays at $1000 (as if they own the bank). On further review, they also offer advertising packages at a price similarly offered by well-known scam sites, plus, they also affiliate themselves with the said sites. So, what does this mean?

Scam Formula used by this site

It's the same scam formula used by scammers over these past few years. High payout + Low cost advertising. As you can see, no true PTC/PTR site could survive these kind of offer. Just imagine, a site paying $10 for each PTR mail. An advertiser may advertise for 60,000+ visits for only $40 dollars, but since each ad is worth $10, completing the package could cost the site a whooping $60,000 lost for member payments. So, using simple mathematics, you could conclude that the site is gaining a $40 versus a $60,000 lost, $60,000 - $40, you get a $59,960 lost for the site base on one advertiser alone. So, once again, ask yourself, how does this site survives? Only one way - to scam people.

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