₦airaland Forum

aieromon:
It will eventually collapse like a pack of cards. Its just a matter of time. The only people that will smile to the banks are the people at the top of the pyramid.

Can you give the reason and hope you read the Analysis of @WizardofOz1:

WizardofOz1:
I'm not saying it's a scam or anything but it sure looks like a well organised Ponzi Scheme.
All Ponzis pay in the beginning, a fattening up process if you will to prove their credibility.
But unlike any Ponzi I've seen, this Alutacash scheme has no reinvestment option, so it doesn't seem like they're fattening you up for anything.
But like a good Pyramid graft, they're just redistributing a percentage of what they get n keeping the rest and it sums up quite nicely for the Mastermind of this Alutacash thing.
Lets say for a start Alutacash gets eight ppl to start with (they've made 1500*8 = 12000)
Now let's say these eight ppl invite eight others each, Alutacash gets 55% of the deal which is 6600ngn while the eight participants have to split 5400ngn in eight ways (ie 675ngn each for inviting one person). That's one level.

Now what I find interesting is that Alutacash has created a way where the participants don't experience multiplicity gains which is where a participant gains some more when the person he/she invited invites some other person. From the OPs own testimony, he got 2025ngn after inviting 3ppl (which is 675ngn * 3).
Nice strategy because it keeps each level of the '"staircase" busy because it seems gains only come from direct referrals. With our subject level of eight, if it grows by one participant, Alutacash gains 6600ngn everytime while each participant gets 675ngn. Pretty good payout for the Mastermind.

What the Alutacash group gets from three levels of eight participants who invite one person each would be 12000 + 6600 + 6600 = 25200ngn.
What a participant gets after inviting one person that joined (even after that person goes on to invite others)? 675ngn.

How I see it, Alutacash gains more from level one participants (the ppl that don't come from any referral).

So it's technically not a scam because you get paid as a result of your direct referrals. Also it's technically not a scam because they're not really fattening you up for anything because there's no reinvestment scheme to gain more money (except you want to upgrade to a gold member).
All in all it's a win-win situation but more like Alutacash wins major while you win minor.
Win-win, yes?
Well, good luck to the participants.

Forgive my long epistle.
Shalom.

Good Post and analysis. I have tot same but did you read about Free Member who gain from selling any of the Products or who gain from people that bought any of the Product from their link. Free member also earn over 20% of the Product cost while paid member earn 25% of the product cost. In either way, your analysis show you have studied it to a higher extent. #Respect

hushmail:
a pyramid scheme is quite diff from selling a product. A pyramid scheme does not offer a product

Have you visited the Website? Have you tried them? Have they Failed you? have you checked if they have Products to sell?

Please Consider these things and give your judgment.

hushmail:
its a pyramid scheme

eventually d pyramid will get busted

most will lose their investments

its happening everyday, still pple get fooled to invest in it

meanwhile its against NL rule 16

For instance? i need more explanation? How about people registered free and selling the Apps and Ebooks they have there, what happens to them?

Good, goodluck

Maybe it was delayed a bit. Have you tried login again?

Natasha2:
same thing, they sent a mail for my referral link I went through the link from my mail, tried to log in but its the same thing.

If you have not verify your email, that maybe the issue.

Natasha2:
I went off and I wanted to log in but its not working, they said I'm yet to verify my email but theres no email from them to confirm my email.

Try login again or verify your Email if you have not.

ok, goodluck

Natasha2:
thanks I have activated it.

Ok, you are Good to go. You are set to start earning from anyone you referred. You see how simple and easy it is? just commit few hours of your week in it and see it as alternate income source.

Natasha2:
okies deal

This is the Epin: 0446102901636402 (worth N1500).

Am have done mine, now over to you.

Natasha2:
just got to the last part, I don't have a master card mine is to be ready in a week or two, so I'm stuck here. Perhaps I'll go back when my card is ready.

Let me Give you an Epin that you will you use to activate your account. Thats the N1500 worth of it. Give me your alutacash username,i will send you the Epin. My own username is Sammy.

After activation, we will now know if its real or Scam. if its Scam, dont pay me.

Natasha2:
hmmmmm this na my hard earned 1,500 oh, If na scam God punish you in advance but if it turns out wella, I hope it will sha, thank you in advance. Lol


So my people I am now the lab rat

Have you tried and it Failed? no i still believe they are real and working.

dridowu:
i don't have anything to explain. A scam is a scam or better still inform your family members and loved ones so that they can also benefit from aluta cash.

We learn from people, what makes it a scam? please Educate me.

dridowu:
penny wise and pound foolish. op i hope you have inform your family members so that they can also benefit from aluta cash or struggle cash

Can you explain this the way i will understand you and i believe you read my Post before commenting? Thank you

Natasha2:
They didn't ask for bank details so how am I supposed to get the money when I refer others?

its there, after signup, verify your email, then login to complete your registration. from there, you put in you bank details

signup here www.alutacash.com/sammy

Natasha2:
okies so basically its just to sign up and refer others?

Yes from my experience, i have also bought Ebook i used for my Msc Thesis from them. I believe they are real.

If you want to give it trial, make sure register under me ooo

Natasha2:
do I have to purchase anything first?

If you like, not compulsory

samflex:
when they want to scam you they call you dear, this looks and smell like a scam.
you earn by doing absolutely nothing in this Nigeria? well, I pity those who'll fall for this.

100Cents:
If I gave you N1,000 yesterday and you give me back my N1,000 today, has that money gained any value ? NO

If we continue doing it involving friends like in a family tree, someone gets cheated after many months while someone gains.

My advice for you is " Go and find a business venture and engage yourself productively "...

Be warned !

You are right, how about when you buy product from them? I think we should stop labeling everything as scam. Personally, i have deal with lot of people i dont know on the web and they have been wonderful. i have deal with careerslit.com ( henry), I have deal with grossarchive.com(Nnamdi),etc but i have not meet with these people before. So what are we saying here? When you see something, check if it can work for you, if yes , you give a trial and if no, you forget it. You have not tried and dont know their capability and you have termed it scam. I once posted a product here, a flask i am distributing via Globiemax, One adewale said its a scan, how will i tell him to pay to my account before he can get the product, i said ok and send the Flask to him. Till now, i have not heard from him. So who is a scammer?

Go back to my Post, "a friend told me about it, i studied it and gave it a trial and its working for me.They have paid me, not once or two". How come you term it a scam when you have not deal or try them. If its not your line or type of business, you leave it than saying what you dont know.

i am not hiding, see my profile n facebook. Nwokedi Samuel (Mandey)

100Cents:
If I gave you N1,000 yesterday and you give me back my N1,000 today, has that money gained any value ? NO

If we continue doing it involving friends like in a family tree, someone gets cheated after many months while someone gains.

My advice for you is " Go and find a business venture and engage yourself productively "...

Be warned !

You are right, how about when you buy product from them? I think we should stop labeling everything as scam. Personally, i have deal with lot of people i dont know on the web and they have been wonderful. i have deal with careerslit.com ( henry), I have deal with grossarchive.com(Nnamdi),etc but i have not meet with these people before. So what are we saying here? When you see something, check if it can work for you, if yes , you give a trial and if no, you forget it. You have not tried and dont know their capability and you have termed it scam. I once posted a product here, a flask i am distributing via Globiemax, One adewale said its a scan, how will i tell him to pay to my account before he can get the product, i said ok and send the Flask to him. Till now, i have not heard from him. So who is a scammer?

Go back to my Post, "a friend told me about it, i studied it and gave it a trial and its working for me.They have paid me, not once or two". How come you term it a scam when you have not deal or try them. If its not your line or type of business, you leave it than saying what you dont know.

i am not hiding, see my profile n facebook. Nwokedi Samuel (Mandey)

Natasha2:
will check it out later

it worth trying but please ,join my team ooo. www.alutacash.com/sammy thanks

adanduka:
Have you withdrawn the money from your bank account or it's just gracing the webpage?

i have done that 3 times and the money came to my Account within 24hrs.

telim:
they do not explain where they invest the money deposited by their members, but they lay more emphasis on referral commission. They depend mostly on existing members to invite others by offering a lucrative referral commission. The program will crash if their is shortage of fund coming in to the system.

i dont think so,cos the Sofwares Selling i think gives money and also big investment. i ask about about the School Management Software which is about N500,000 to get a copy of from them but as a member, they give you 20% discount.

i have not really been in their office and have not ask. like i said in my post, i was introduced by a friend, i studied it and decided to risk the N1500. Though before that, i ask my self Question like, if they are not real, why would it be possible for me to buy Ebook worth 8000 from them used in my thesis without contacting anybody. I also believe they are using the Signup fee to pay your uplines unlike in other network where you signup fee do not count. i have checked the products they have, they are basically Digital products you can access anywhere you are including including softwares and apps.

i gave its a trial, it worked and has been working...

fr3do:
How do they make money?
What would they stand to benefit from dashing you money?
What do they do with the money?

Dear i get to know about them when i wanted to get Material for my Msc thesis. I got relevant materials for my project work from them. I dont know what they do with the money but all i know they have been paying us since we joined, I do not see any scam in it. I only see it as non Product MLM basically for their customers or so.

Rayhut:
scammers

Rayhut:
scammers

Please what makes it a scam dear, can you educate us please.

telim:
these is a ponzy scheme, stay away.

But i am the one using it and testifying. What makes you think its Scam dear?

FEW WEEKS AGO, I DECIDED TO JOIN AlutaCash Concept. I initially thought its one of the Online referral Scams. After few Observation and considerations, i decided to join them With N1500 (amount i can overlook if its a Scam), i was giving alert for my Account activation. Good but not fully Convinced. I took another Step, speak with my Co-worker, he took the risky as well and i was paid N675 for referring him. Since they Only send the Money you earn to Local bank account when it gets to N1500 and Above, i decided to invite another two of my co-workers making it 3 people and my account was credited with N2025, i Applied for withdrawal, within 24hrs, my Bank Account was credited. Na so my team started growing as my office people gave it a trial and got theirs also.

AlutaCash has simple plans and easy to operate with User friendly Platform.

They have Starter plan of N1500
They have Silver Plan of N4500
They have Gold Plan of N6500

You can Upgrade to any Plan of your choice. When i started, i choose N1500, the one my mind fit carry hehehhehe but when it turns out to be a success, i have upgraded to Silver Plan of N4500 for better pay.

Why not give it a trial and signup now. Join here http://alutacash.com/sammy or Call me 08033726986.

Below is the Screenshot of my Account and earning history.

For the past 6 months, we have been Operating ONLINE BUSINESS STORE having 300+ members and with various products and having business plan to expand to all states of the Federation. We are looking for Candidates interested to recruit new online network business operators and expand their income.

There is no age and education barrier. Anyone can join who has a knowledge of English Language and able to run the business independently.

What you need:

- A computer/mobile Phone with a good internet connection;

- Passion for the internet;

- Willingness to learn a complete new job;

- Self-discipline;

- To be available at least 5 hours per week.



What we guarantees:

- Security and punctuality in your monthly payment, by Simplepay4u or directly to your bank account;

- A “scientific” strategy to follow in order to achieve your income goals;

- All the management tools you need;

- Online training, including interactive live sessions;

- Ongoing assistance from your Personal Team Coach;

- Very high profitability.

- We Assure you of Monthly income of N100,000 base on your perfromance.

If you are interested, please contact us. info@alutacash.com

Position Type: Online Network Business Operator
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Join my team let us work together. call 08033726986
Below is my Income from the Offer.
The second Image is my second earning. join my team now. its real and working.