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Review: The Overnight Cash System by Simon Johansson
Biz Opp guru Nick Laight is NOT a fan of the latest wave of ‘cash gifting’ schemes like The Overnight Cash System.
“Let me make my position on this crystal clear” wrote Nick, “these opps are cynical, unethical and doomed to failure.”
I’ve had a lot of emails recently, enquiring about cash gifting, which is why I thought I’d dig out Nick’s article and report his findings to you. He’s the undisputed expert when it comes to UK business opportunities. He used to work for The Guild of Wealth, then Agora International and in 2003 started Canonbury Publishing with his wife from his kitchen table.
As Nick points out, cash gifting schemes like The Overnight Cash System make a virtue of not having any products or service.
This transforms it from a multi-level-marketing process into something that resembles a pyramid scheme.
These systems are usually dodgier than a dodgem dodging another dodgem. As long as new recruits come in and pay money to those at the top, all is well. But when the influx of new recruits dries up, collapse is swift and brutal.
Okay,if you’re lucky enough to get in at the top, you’ll make some cash at the expense of others.
If you’re too late (and by the time the likes of you and me see these things, the fat cats have already drunk ALL the milk) then you simply throw money away.
The guy behind the Overnight Cash System is Simon Johansson. Nick reports that he’s been flitting from scheme to scheme over the past years, and should be avoided.
Here are the schemes you should watch out for:
New Millennium, Armchair Tycoon, Mega Wealthy, Free Land and Property, and the Prosperity Automated System (PAS).
Give all of these a wide berth.
Posted by Sophie
on November 21, 2010. Filed under Home Business Opportunities,Reviews.
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