Geostring - an intelligent scam?
By vjenterprise
@vjenterprise (83)
India
March 15, 2010 2:41pm CST
Friends,
Was reviewing carefully on geostring, it seems to be that its a big scam, the only option they provide for payout is send a cheque to your address, also they designate a unique person as their sponserer who pays all the money.
Still things are not clear to me, but I had investigated the site with anti-geostring hard and could conclude that they are spamming and is clear scam.
Do you think for everysign up you can be paid 10$ is this something realistic.If so experience and stable platform like mylot, neobux pays correct and calculated which is reasonable.
You can throw light on this based on your experience with geostring.
4 people like this
6 responses
@mysdianait (66009)
• Italy
15 Mar 10
I don't believe it to be a scam but I do think that while people continue to fall for anything, others will take advantage of them. It is not Geostring that is doing anything wrong and I do believe that they will pay - if anyone ever reaches their ludicrously high minimum
Oh they are not paying $10 for every referral. That's only 1 penny
There is a similar topic here:
http://www.mylot.com/w/discussions/2275071.aspx
1 person likes this
@vjenterprise (83)
• India
16 Mar 10
All that I know is none has received so called cheque from them so far as far as i know.So all is fuzzy out there.
@mysdianait (66009)
• Italy
16 Mar 10
It will be a long time before we see any payment prrofs
because the minimum for payout is $100!
@topffer (42156)
• France
15 Mar 10
The affiliate program works like a typical pyramid scheme (is it serious to fix a 10 level referrals limit ?), forbidden in USA... and the legal agreement is governed by the laws of USA ! So they are not so intelligent.
They can't use anything else than a check to pay you, because payment processors are not accepting pyramid schemes.
A pyramid scheme is not a scam, it's a fraud, a sort of swindle.
@workingmom50 (3091)
• United States
15 Mar 10
This has been an ongoing issue since I started earning online 10 plus years ago. This is true that many take advantage of this in order to only pay for direct. But the older sites added disclaimers to their sites so that they could remain in business.
@youless (112561)
• Guangzhou, China
16 Mar 10
I don't know whether this is a scam or not. I joined it yesterday since I wanted to finish a task in Mylot. But I am not planning to work for this website because I have doubts to it whether it is a scam or not. I don't want my hard work will be in vain. Unless someone tells me that he/she really gets paid from this website, and then I will be active to it. Otherwise I will just leave it alone.
I love China
@tonyllenium (6252)
• Italy
3 Jun 10
yes geostring is a strange site! a friend tried to convict me join it but in reality the process is absurd!!
It is true that you will be credited 10$ just to sign up but this is nothing considering the payout is 100$!!
Plus you will discover that for every ref you bring on the system they will pay you 0.01.So 1 cent per ref are you joking?
In fact this site totally forget to be clear about program and reward even on the faq or how the system work section!!Surely if they will clearly write that you should refer so much people just to reach 1 single payout nobody will join it!!
in addition this is a pure pyramid scheme so i think now is illegal for this i guess they can only pay you by a fantomatic check and not enable other systems because they probably can't access to them!!
@Ramesh8248 (39)
• India
23 Feb 11
Yes This is scam. When you payout to this site it does not pay you back. There are always any reason why not they pay us? So don't join this site.