AdHitProfits review part 1– it’s NOT an investment opportunity

July 3, 2013 by
Filed under: Black List, Reviews 

I knew I had to do an AdHitProfits review after I received many messages about this Ponzi. Instead of posting a standard AdHitprofits review, I believe that it is much better to post the e-mails I exchanged with 2 people, totally different in the way they approach things.

I will call the first person “Mr. B”.
I know Mr. B from referring him to eToro. He is very new to investing money online.

AdHitProfits Review

Mr. B:

Hi Chara,
I have found a program which is paying out, have tried it and it works. I have already received some money in my STP account. Have a look and tell me what you think about it:

https://adhitprofits.com/?ref=mr.b.reflink

Kind regards

Me:

Hello Mr. B,

There are numerous Ponzi scheme programs like that out there and it is better to stay away. They are all scams and this means that they are not legit and they will rob you.
I’ll be using phrases from wikipedia to explain to you the situation.

A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.

Once there are no new investors, the flow of money stops, no-one gets paid and those that run the ponzi run away with their earnings (your money).

There are many types of Ponzi schemes online. The site you are in, belongs to the “profit sharing” category. If you are lucky, the program will attract enough people to put their money there and then, if the admin wants, you have a chance to get your money back.

The most popular type of Ponzi schemes is HYIP. HYIP stands for High-yield investment program. More or less, they look like this scam -> https://much-income.com
Those that run them might pay some money at those that go in first, until they get more people to give them their money. Then they disappear with the money and no-one gets paid.

Another popular type are the paid autosulfs and they scam people the same way.

Last but not least, stay away from Forex scams. At Forex scams your money is never actually placed in the market through a legitimate dealer, but simply diverted – stolen – for the personal benefit of the con artists.

eToro is a legitimate dealer and they make their money only from the small fees we pay each time we open a trade or each time we carry a trade over weekend. The money we make there come from the money somebody else lost in a trade that was in the different direction than ours. The forex market is huge and good legitimate dealers like eToro always find trades at the opposite direction to match our trades.

Similar to ponzi schemes are the pyramid schemes or Matrix schemes. A successful pyramid scheme combines a fake yet seemingly credible business with a simple-to-understand yet sophisticated-sounding money-making formula which is used for profit. The essential idea is that a “con artist” Mr. X, makes only one payment. To start earning, Mr. X has to recruit others like him who will also make one payment each. Mr. X gets paid out of receipts from those new recruits. They then go on to recruit others. As each new recruit makes a payment, Mr. X gets a cut. He is thus promised exponential benefits as the “business” expands. Such “businesses” seldom involve sales of real products or services to which a monetary value might be easily attached. However, sometimes the “payment” itself may be a non-cash valuable. To enhance credibility, most such scams are well equipped with fake referrals, testimonials, and information. The flaw is that there is no end benefit. The money simply travels up the chain. Only the originator (sometimes called the “pharaoh”) and a very few at the top levels of the pyramid make significant amounts of money. The amounts dwindle steeply down the pyramid slopes. Individuals at the bottom of the pyramid (those who subscribed to the plan, but were not able to recruit any followers themselves) end up with a deficit.

Legitimate companies with multi-level marketing (MLM) structure do not fall in this category. Successful pyramid schemes try to look like MLMs and this way they get people without experience on this matter.

About AdHitProfits my opinions is that you should not put any more money in there and try to withdraw the capital you invested ASAP. As I said above, if it still gets a lot of new people every day and the admin wants, you might have a chance to get your money back. If you are thinking about investing more money there, you should know that it would be very bad gambling and your chances of getting away with profit are very very slim.

I’ve been online and making money for over a decade and I’ve been burned many times. So I know what I’m talking about.

Best regards,
Charalampos

This should be enough for a AdHitProfits review because it covers everything that someone needs to know. Unfortunately it seems that this is not enough for some people. In part 2 of this AdHitProfits review, read the e-mails I exchanged with Ms. M
Ms. M is so sure that AdHitProfits is a legit business that she will ignore facts and common sense.

There is a link between Charles Ponzi and the AdHitProfits scam
Charles Ponzi, the instigator of scams like AdHitProfits. Here is his police mugshot from 1910.

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  • About me

    Charalampos KapetaniosMy name is Charalampos Kapetanios. I have a diploma in financial and management engineering and I have been working online from home since 2003. In this blog, you can find tips on online home businesses and especially on how you can start your own, since this is the most difficult part.
    Feel free to mail me at:
    charalampos@startingahomebusiness.ws