Name: Golden Wealth Society
Owner: Steve Pantano
Type of Business: “Advertising & Marketing”
Overall Rating: SCAM!
There are so many opinions that surround businesses like this, so I thought I’d put my two cents in so that you know what your’e really getting yourself into. Once you’ve finished this review, you will be able to make a better decision as to whether or not you should join Golden Wealth Society.
So many people compare this to the Achieve Community, which was ran by a couple of scammers that tried to take people’s money, before she got picked up at an airport trying to run.
Just like everyone else, I have my opinion as well as evidence to know exactly what this scam is all about, so please try to think for yourself and not use what other people or myself tell you.
I am not involved with Golden Wealth Society, but I do know how things are done here, so please pay attention, before you become another statistic.
What is GWS?
According to the site, it is an advertising and marketing business. You are buying advertisement packs with a chance of a “bonus”.
What it Really is
A cycler. They are so many ways to defend the program, by using advertisement, but there is no one that joins Golden Wealth Society looking to advertise.
People join to try and make some money, just like everyone and their mothers are flashing around, so that others can pay them.
Without an actual product, these guys will be completely illegal. So to get under the radar, they use “advertising” as their product.
If you see any of the advertisements on the site, you will see that they are nothing more than advertisements for other cyclers, revshares, and other programs designed the same way.
When you become a member of Golden Wealth Society, you are buying into the program for its advertising and marketing side of things. Well at least that’s what they claim.
Within this business, there is another side of things that most people don’t know about, and it is something called a cycler.
In the online world, it is a site which allows members to purchase positions and make some money once it’s your turn to cycle.
There’s a Store?
Here’s something that really threw me off. There is an actual store on the site, that sells t-shirts, mugs, and other things. It has a very simple logo of the company and that’s about it.
Personally, I didn’t try purchasing any of the products, but I do know that it redirects you to a site called zazzle.com, which is where you will be making the actual purchase for these products.
To join Golden Wealth Society, it is going to cost you $27. That entitles you to the e-books offered in the site, which is actually better than other cyclers, that have nothing to offer.
The only form of payment will be through debit/credit cards, which is not a good thing. With there being so many payment processors like Paypal these days, there isn’t much reason as to why they don’t take any other forms of payment.
What to Watch out for
You may be really confused and due to people saying different things about the company, you can say they are not a scam. Let me tell you exactly what you will hear (from its members of course) before throw your hard earned money into another cycler.
New Members Pay Old Members
This is exactly how the program works. Nothing more. Nothing less. But, “there are no guarantees”. I can not stand that line!
All they’re trying to tell you is that if someone joins after you (actually a bunch of someones) then there is a chance that you can get paid. If no one fills the amount, then you’re left with nothing. But you do have ad packs? lol!
“Im in profit”
I can’t stand it when people throw this line out there. Have you ever heard the saying “The early bird gets the worm”? That is exactly what we have going on here.
Get in early and you’ll be saying the same thing. Get in late and you’ll be on the other side of the fence calling the company a scam. That’s exactly what happens here.
Once again, the people that got in early, will be the ones saying this. I saw on a FB group that the owner kept saying nothing but “there are no guarantees that you will receive a “bonus”.
All he’s saying here is that if you miss the cycle, he is not responsible for it. But, we are an advertising company so don’t be expecting a bonus.
There are no Guarantees that you will get a “Bonus”
If anyone has tried to make you join Golden Wealth Society, it was definitely not by telling you how amazing their advertising program is, because it’s not.
They tell you that you can make money with it if you invest, but you will have to wait. I don’t care what anyone says, making money is the prime objective here.
Just because they are being honest, does not mean that they are running a legitimate program. Every cycler out there “is paying”. Now will everyone get paid? Absolutely not, and that is where they throw in the “there are no guarantees” card.
They Don’t Accept Paypal
There is a reason why GWS only accepts credit and debit cards and you definitely need to know why. If there’s one thing you need to know, it would have to be this.
Paypal is a very trusted payment processor and I don’t care what anyone tells you, but they are the absolute best way to pay for goods or services online.
Golden Wealth Society doesn’t take Paypal, simply because Paypal doesn’t approve anything that seems to be a cycler because of the thousands of complaints that they will get because they didn’t get paid.
Paypal also has a strict customer satisfaction policy that even if you don’t get paid through a cycler, they will refund you the money, no questions asked. No Paypal? No can do!
Name: Golden Wealth Society
Type of Business: Shady
Overall Rating: SCAM!
Scam disguised with advertisements. Avoid at all costs!
Before I promote any cycler so that I can cycle out (get paid) I would rather try to get you to join my latest and greatest MLM, even if I don’t like them.
People will do crazy things for money and I’m about tired of it. I almost lost $2,000 to some kid that tried to run a cycler, but thanks to Paypal, I was able to get my money back.
That is the same exact reason Golden Wealth Society does not accept Paypal my friend, so please do know that you will not get your money back.
There are literally only a handful of legitimate ways to make money online (legally) and cyclers are not one of them.
You need to put in the work and you need to learn how money is made online. There is no get rich overnight program out there and you will not do it with Golden Wealth Society.
I think I have covered the most important parts of this “business”, so please do proceed with caution and at your own risk.
Have any experience with Golden Wealth Society? Please do share below. And no we don’t want to hear that “they’re paying” or they’re honest either. Thanks for reading this review and good luck!
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