Cash Gifting – Breaking The Law?

The further I did into cash gifting, the more information I find that tells me that it's very borderline when it comes to the law. In my opinion, if it's borderline and there is a grey area, then if you promote it and get in trouble for it, you may get fined or go to jail.

One saving grace is that there are thousands, if not hundreds of thousands of people who are cash gifting online and there is no way on the planet that they are all going to go to jail. So, if you do it, then you take your chances.

It seems to me that if you actively recruit others into your cash gifting scheme then it is illegal, so be very careful which words you use: If you find or hear people using any of the terms below, they are breaking the law…

GUIDELINES & RULES

THERE ARE TO BE ABSOLUTELY ZERO INCENTIVES AND "DEALS" BEING OFFERED! YOU MAY NOT OFFER BONUSES OR ANYTHING OF MONETARY VALUE AS AN INCENTIVE FOR PEOPLE TO GIFT TO YOU! THIS IS 100% ILLEGAL AND WILL NOT BE TOLERATED!

IF YOU ARE FOUND TO BE VIOLATING THESE RULES, YOUR ACCOUNT WILL BE IMMEDIATELY SUSPENDED!

THESE ARE TERMS NOT TO USE!

#1 RULE: NEVER USE THE TERM "MAKE MONEY"
WE DO NOT "MAKE MONEY" HERE! WE RECEIVE MONEY!

Investment, Start Up Capital, Capital, ROI, Return on Investmen, Paid Earnings, Make, Profits, Dividends, Player, Down-line, Up-line, Return, Net, Paid out, Sponsor, Sign-up, Purchase, Guarantee, Took In, Paid off, Play the board, Play the house, Guarantee, Assured Buy, Sure bet, Earn, Multiply your money, Pay, Getting Paid, Recruit, Buy-in, Payout, Income

THESE ARE THE TERMS YOU CAN USE:

Gift, Give, Receive, I have gifted, I have received, Participation, Golden Rule, Invited by, Constitutional Rights, Sharing, I gave, Participant, Giving, Free association Gifter, Helping others, Right to give, Giving, Nice people, Register your gift, Associates, Fellow man, Kindness, Caring , Activity, Family, Community, Invitation

As the bearer of bad news, I want to point you to a few other articles I've found recently. (Sorry, I'm just trying to help you decide if cash gifting is for you or not I'd rather you go into to it with the full facts. When I started out my research journey, I was fully intending on participating in cash gifting. I know full well that will my Internet Marketing skills, I could make a lot of money! BUT, if I don't feel that something is right, and if I feel that I will be taking advantage of other people, then I WONT DO IT.

Further research and links

I could go on and on but I think (and truly hope) that you are getting the picture. I may not reach the people who are already indoctrinated in their belief that their gifting program is legal. The reality will come when the Attorney General in their state, or the FBI or local law enforcement agency comes knocking on their door. Hopefully, though, some of you reading this article have not yet made a fatal mistake and will really hear what I am trying to help you hear. ORGANIZED GIFTING IS ILLEGAL. Not to single out Tracy directly, there are a number of illegal gifting schemes out there right now. Here are just a small few that I am aware of (Thanks again to Tracy Austin- I really never knew the names of some of these scams!).

ESCOV- Ecosov has been operated in one form or another for over 8 years by a guy who calls himself "Q." There used to be three levels to join, but now there are only two: $6,600 & $18,500.

Number One Success System (NOSS)- NOSS is a 1UP style gifting program and has been around for over 7 years. NOSS has 3 levels of participation: $500, $1,500 and $3,500.

Spirit of Wealth (SOW Today)- This website looks suspiciously like the NOSS website. SOW is over seven years old and has over 40,000 members in over 16 countries. Like NOSS, SOW also 3 levels of participation: $500, $1,500 and $3,500.

The Overnight Cash System (TOCS)- As an internet-based cash gifting activity, TOCS is the "baby" of online cash gifting programs since it’s only been around with it’s new structure since January of 2008. It uses a 1Up style structure like the others and has 5 levels $500, $1,000, $2,500, $5,000, and $10,000.

Cash Arrives 365- Cash Arrives 365 is a 1UP gifting programs and has also been around for about 7 years. CA365 also has 3 levels of participation: $500, $1,500 and $3,500.

http://www.articlesbase.com/online-business-articles/ponzis-and-pyramid-schemes-433210.html

This page is dedicated to Stopping Pyramid Scams, Gifting Clubs, Gifting Scams, demonstrating that Gifting programs can put people in jail, State Attorney Generals jail and fine people, Pyramid scams never work, District Attorneys prosocut Pyramid gifting scams.  MLM Wathch Dog Rod Cook,  MLM Consultant, MLM Consulting, pyramid schemes, pyramid gifting schemes…

http://www.mlmwatchdog.com/Resources_Gifting.html

http://www.mlmwatchdog.com/RC_Gifting.html

Cash2Infinity is not an investment club. Cash2Infinity has nothing to purchase and offers nothing for sale. The sole purpose of Cash2Infinity is to aid charitable minded individuals in meeting and associating with others of similar beliefs. When receiving gifts within this activity, neither Cash2Infinity or participants in Cash2Infinity owe anything to anyone who has made such a gift. Participants give freely of themselves and expect nothing in return. By participating in Cash2Infinity and giving a gift to one or more of its participants, the donor of such a gift has chosen to extinguish all rights to the gift and cannot rightfully expect or depend on Cash2Infinity or its participants for any type of monetary compensation. If you are coming here in your employment capacity we demand that you exit this site upon reading this invitation to leave. Your motivation must be charity, you have to have acquired the password by personal invitation, and you must be genuinely interested in helping others.

http://www.mlmwatchdog.com/RC_Gifting2.html

If you have any views about my research or any stories to tell me, please post a comment at the bottom of this article. I'm interested to hear from both sides of the story. If you are a cash gifter, how do you get around the law? Why are you taking part if it's very borderline on being legal?