Name: The Monthly Payouts
Owner: Unknown
Website: www.themonthlypayouts.com
Price: Free
Overall Rating: SCAM!
I just got an email about themonthlypayouts.com and I immediately stopped what I was doing just to do this review, before people start thinking that they could actually make money with this.
If you figured that this was something too good to be true then pat yourself on the back and good job for doing your research and finding my review.
This wont’ take much time for me to pick apart this scam, so read this to the end so you can see exactly how this site will get what they want from you, even if you don’t know it.
What is “The Monthly Payouts”?
First of all, what kind of name is that? I mean, the whole site is already filled with poor grammar, but they had to mess up the domain name too?
Anyways, this is a website claiming to pay you for doing simple tasks that you are probably already doing. There is no indication as to who owns this site, but this is something you can expect from sites like this.
Want to Make $500 Daily?
If you didn’t think this was too good to be true, you might want to learn how to avoid scams online. Making money online is more than possible, but it is not going to be done by completing some little tasks.
You can become a Virtual Assistant and do these tasks, but you will definitely not make $500 on any given day. But, these guys think they have the way.
I really don’t get how you can trust a site that uses this type of grammar! If you still don’t believe me, keep reading and you will see how everything works.
The Products
There is none. All they tell you is that if you want to make money, then you need to get other people to join Themonthlypayouts.com.
Just by doing that you can earn $5 for every single person you personally refer to the site. But wait, there’s more.
The 3 Tire Earning
If that person you brought in gets someone to signup under them, you can make $2. And if that person gets someone to signup under them, you can make $1 from their referrals.
If you want to take part in their 3 tire (not tier) earning all you have to do is recruit people. $5 for every person you bring to the site, without spending a penny? I can literally have thousands of people to join this and make thousands of dollars.
It is not going to happen like that my friend, so let’s get back down to earth and realize that this is something that is not going to happen.
But it Shows on My Account That I Have Money
Of course it does. Now the big problem that some of you are probably forgetting is that they still need to pay you.
Then they have a 300$ (they mean $300) minimum withdrawal amount, which is actually really clever if you ask me. All this does is allows you to recruit more people so that you can reach that $300 mark.
Now here’s the catch. Good luck trying to get paid with this scam.
The Price
This is probably the one thing they didn’t lie about, but that doesn’t mean it’s a good thing. You will not have to fork out a single penny here, so there is no way I can call this a scam right?
To the owners of this scheme, your information is very valuable and if you’re not careful, you can fall victim to something called identity theft.
How They Get You
When you signup to this site, you will also need to give your Paypal email address in order to get paid. For some of you, you probably jumped right into this step because you were so excited to make money.
Sorry to be a party pooper, but you might have made a mistake.
You see, when you create your account, you need to create a username along with a password. Then you give them your Paypal address so that you can get paid right?
Well, these two go hand in hand. Once you give them this information, the scammers will try to match your information hoping that you used the same password as you did with your actual Paypal account.
Confused? Sorry about that, but here’s what you need to understand. DO NOT give them any information and make sure your passwords are different from every other site you are a member of and not just this one.
Learning how to avoid scams is a big part of making money online, so get educated before you start giving money away rather than making it.
At a Glance
Name: The Monthly Payouts
Owner: Unknown
Website: www.themonthlypayouts.com
Price: Free
Overall Rating: SCAM!
Do avoid this if you can. If you have given any information to this site, go in and undo whatever you just did. Please.
Final Verdict: SCAM
From the poor grammar to the insane amount they claim you’ll make, everything on this site is a recipe for how to NOT make money online.
I have fallen for this type of stuff before, but I will never fall for it again. I (just like you) figured I had nothing to lose because I wasn’t actually paying any money. I was wrong.
These guys will try everything they can to get into your Paypal account, so please be careful with the type of information you share on the web.
Stick with the good ole saying and you should be good to go.
“if t seems too good to be true, then it most likely is”
I can promise you that there is no shortcut to making a lot of money online. Everything that claims you will be rich is only out to take your money.
If you want to make money online, you will need to put in the work, just like you would if you were to run a regular business. Checkout my #1 recommendation and you will see how I created mine!
Thanks for reading my review of the Monthly Payouts and please do share this so that others can be aware of this type of stuff floating around the net. Thanks!
– John
A Work at Home Jobs