With the coronavirus pandemic causing massive job losses all across the world, people are looking for ways to make money online. The problem is that there are so many scammers that it is difficult to decide which online money-making method would really give you returns. One online money-making scheme that has recently appeared online is CashGem.co. So, the question we need to answer is – is CashGem a scam or legit? Read our CashGem review to find out.
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What is CashGem?
CashGem claims to be the #1 cashing platform that can help you make money online. This website attracts customers by promising that you can make money no matter where you are – school, home or even at work!
CashGem says that as soon as you register with them, you will earn $30, and $15 for every person you refer to their website. According to their website, you earn money by completing certain tasks that they set for you. These tasks include installing and reviewing apps, submitting your email address, phone numbers and verifying your entries, and taking surveys. Taking a survey gets you $45, and you get paid $2 every time you click on a link.
There is no clarity on the payment methods offered by CashGem, however, when we checked some of the reviews, we found out that payments are made through PayPal and bank transfers. Whether there are other options, we do not know since we did not register with them.
Will CashGem Scam You?
After all the research we did for our CashGem review, we can safely say that yes, this website is going to scam you! There are so many red flags that indicate that this make-money online website. Read on to find out more.
Whois Information Is Hidden
Whois is a protocol that allows you to check details such who owns a domain, their contact details and when the domain was created. Many individuals with private domains hide their details to protect themselves, however, businesses that do so are highly suspicious.
Such a lack of transparency in a business usually indicates that something is not right about them, which is a warning sign that should be heeded.
New Domain Already Has Bad Reviews
According to Whois, CashGem’s website was created on 2020-04-16, which means that this domain is less than one month old. Despite the fact that this domain is brand new, Reddit has a long list of users who have posted their CashGem review. And all of them are negative, and all the users have said that this website is a scam.
The Company Lies About Its Reputation
There are so many lies that CashGem has told to attract customers. First, this company claims to have been founded in 2015, but we know from the domain information that it was set up less than a month ago.
And then, it talks about the number of affiliates it has. The company boasts that it has more than 730,000 members, and that these members have earned more than $1.58 million.
However, these numbers are just a lie since this company is less than 2 weeks old.
The company also claims that they are the #1 money-making platform and that many of the biggest Instagram social influencers work for them, which is yet another lie.
Too Good To Be True
As we mentioned earlier, CashGem promises some really unrealistic returns without you having to work much. According to this website, you can make thousands of dollars on a daily basis, which is in reality just not possible. The claims of earnings made by this online money-making website are too good to be true.
Limited Contact Options
Another huge negative that we would like to highlight in our CashGem review is that this company has only one contact option. The only way you can get in touch with them is via email, which is hugely suspicious, since those companies that deal with other people’s money provide multiple options by which you can contact them.
Another big indicator that this company is a scammer is that their corporate information is all lies. CashGem, on their About Us page, the company has put up pictures of people who are supposedly a part of their team.
However, when we carried out a Google search, we found out that these were stock photos of people who had nothing to do with CashGem.
CashGem is an out and out scammer. The company has lied or hidden its corporate information, lied about its reputation, and about how long it has been in existence. It has also made ridiculous promises about how much money it can help you make. However, from the Reddit comments, we have found out that the people who did invest their time with this company have not been paid at all!
We would recommend that you look at other options if you are looking to make money online.