By now I’m pretty sure you’ve heard of the 1% – the supposedly small number of people in the world that own most of the money in the world.
Have you ever wondered what it would be like to be part of that minority of people? To have as much cash as you’ll ever need.
That’s the premise of Financial Freedom sites (AKA Cash Tracking System).
Well, sort of, they state that it’s 3% rather than 1%, but let’s not split hairs just yet.
What is Financial Freedom Sites?
The initial sales page doesn’t really tell you anything about Financial Freedom Sites barring how wonderful it is and that you can get free instant access.
This leads to a chain of web pages each showcasing a different part of the system including several videos.
It’s these pages that suddenly change from Financial Freedom Sites to Cash Tracking System.
If you manage to get through all this information it becomes clearing that Financial Freedom Sites is a recruitment pyramid scam.
The idea is that after you join you can invite other people to join the system as well, and depending upon the level and the downline, you get to keep some or all of the money that the person spent in order to join.
That’s right, it isn’t actually free!
What made me laugh was the video the FAQ titles, “Is this a pyramid?”. It states that because the structure of the system is not pyramidal in shape, then it’s not a pyramid scheme.
This is utter BS, as regardless of how it is structured, the system does not have products to sell and there is an up and downline. In fact this video stated that all the money from your recruits goes to you yet in a previous video it clearly stated that because someone isn’t at the right level money is passed up the chain.
However you look at it, Financial Freedom Sites is a type of Pyramid scam: a cash gifting scam.
Levels and Lines, Oh My!
When you make money online, it’s usually a pretty simple process: you take a product or service and sell it.
Financial Freedom Sites uses various levels that you buy into that range from a few hundred dollars to $3500 and maybe more.
If the people who you recruit buy a level higher than you, you only get a fraction of the money.
As well as that there is a complicated system which decides where your commissions go. This level of complication is unnecessary and is often seen in scams, making it sound like a really clever system when the intention is to baffle and confuse.
As well as the levels that you need to pay for, there is also a onetime fee of $25 and a monthly $39.95.
You receive nothing in return for these costs, except the privilege to try to sign up other people.
Cookie Cutter Websites
If you were to take part in Financial Freedom Sites how exactly do you get your message out there? Well, you will be provided with a website to do it!
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Not only that, but the website is premade for you.
Sadly the “website” is merely an automated page on the Financial Freedom Sites website.
No matter how many people sign up, everyone gets the same page to send new recruits to.
This means you have no way to stand out except in your initial conversation, which means you will be competing with all the other suckers, erm I mean fellow members.
Talking of the websites, I did a search on the Financial Freedom Sites site in Google and discovered page after page of premade websites.
Unfortunately I could not find a single one that was active.
All I saw was this (email and phone number obscured for privacy):
This strongly suggests that many people have tried thus system and not one of them has continued with it for any length of time.
If all these “sites” have been closed, how do you think you will fare? Probably about the same; you’ll spend your money, alienate friends and family trying to convince them to sign up and ultimately you will lose your money, time and probably respect.
Who is Behind Financial Freedom Sites?
Your answer would be as good as mine. There is no company information on their website, nor are there any terms, privacy policies or refund information.
This is highly indicative that this is a scam.
As well as that they are definitely breaking several US laws by not including basic information.
The Bottom Line
Cash Gifting, Pyramid Scheme, or dodgy MLM system. Whatever you want to label Financial Freedom Sites with there is one underlying theme: it’s a scam!
Sure you could pay your money and if you’re wily enough you could get people in and maybe even make some money, but the reality is that this system is not a long term business. It will collapse as all of these schemes eventually do and the people at the top will get rich off the hardships of others.
Avoid Financial Freedom Sites at all costs!