A perfect scam!
By rjvb26
@rjvb26 (2518)
Philippines
November 8, 2009 4:09am CST
I already earned $2.02 dollars and i withdraw my fund! and look at the photo! zzzzzzzzzzzzzz! wew! can't say anything really, speechless. I worked for nothing.
10 responses
@o0Tora0o (355)
• United States
8 Nov 09
Looking at the screencap you've posted with this discussion, I don't think you've been scammed. I think you're misunderstanding the itemizations on your account history, because to me it looks like there is a payment of $0.52 to your PayPal account that is currently being processed by the site.
I took a quick look around the site in question, and they do have a FAQ page that links to a page that has all of the fees they charge on it: http://studentoffortune.com/cgi/fees/ The $1.50 withdrawal fee is listed there, so it's not like they didn't clearly post it on their site.
This just shows how important it is to review Terms of Service, FAQ page, and any other related pages before joining a site.
@mysdianait (66009)
• Italy
8 Nov 09
Thank you Tora!
It is too easy to call a site a scam when it is our own fault for not reading the small print
1 person likes this
@o0Tora0o (355)
• United States
8 Nov 09
Haha... I actually just did something similar myself. I joined Pinecone Research's panel a week or two ago, and they say that payments are made pretty much as soon as completed surveys post to members' accounts. I was expecting a payment by PayPal since everyone else I know who's a member has said they got paid that way... but as I found out when I reviewed the site's FAQ page, Pinecone sends checks by default.
@mysdianait (66009)
• Italy
8 Nov 09
Many sites have a withdrawal fee and they usually state it in their TOS. When this is the case it is best to earn more and then withdraw when you have earnt a higher amount then the withdrawal fee will not bite into your payout quite as much.
A site cannot be defined as 'scam' just because we are not aware of what is stated in their Terms.
@mysdianait (66009)
• Italy
8 Nov 09
A site with no payout stated would not get my attention in the first place
@o0Tora0o (355)
• United States
8 Nov 09
The fees that the site in question may not be disclosed in the Terms of Service, but if you read the FAQ page there is a link to a Fees page that explains all of the site-related fees, including the $1.50 withdrawal fee. http://studentoffortune.com/cgi/fees/
@rjvb26 (2518)
• Philippines
8 Nov 09
student of fortune.com imagine i earned $2.02 dollars and i worked hard for it cause it made me use my knowledge on psychology then after the withdrawal i was really shocked. the withdrawal fee is $1.50 and their processing fee for paypal is $.52?
$1.50 + $0.52 = $2.02 dollars and that is the amount that i've earned.
@merlinsorca (1118)
• United States
8 Nov 09
That was terrible, they made the fees the exact amount that you earned! How can that be possible that the total you have is $2.02 and the fee is $2.02?! They should give you a percent rate, not a fixed. . . number. Terrible site!
@shadow41 (2351)
• Philippines
8 Nov 09
Hey I'm sorry this happen to you. I know how you feel. That's awful. The calculations went completely nuts. Just enough payments for withdrawal and processing to left you nothing. Ahg.. Is that in their TOS? Maybe you should earn more. But you can't be sure that if you earn more they won't charge you more too. Better leave that site.
shadow41
@msfrancisco9369 (10002)
• Boston, Massachusetts
8 Nov 09
...be careful friend...be extra careful with all the sites that you are entering to. we don't want to exert so much effort for nothing!
@rg0205 (2636)
• Hong Kong
8 Nov 09
Wow, another one of the quirks of making money online. Sometimes you keep going and when you reach the minimum payout, you don't get it. I don't think it's the perfect scam though because you caught it. I don't know what site that is but it would be nice for you to warn others about it.