Project Payday Scam? Yes It Is In My Opinion!
Can you make a big difference in your finances month after month by filling out Cost Per Action CPA offers through Project Payday? Cost Per Action CPA offers are a great way for a company to market themselves. Instead of just paying to have people look at an offer, a company can pay only when a potential customer completes an action like signing up for a free offer. Scammers have taken this marketing tool and turned it into a money making scam. My subscribers have requested I take a look into Project Payday. Here is what I have found.
Project Payday Scam Claims
Realistic extra income for the average Joe.
Project Payday is a “can’t fail” blueprint for making realistic extra money online.
1,000s of people across North America have used this step-by-step system to make the extra income they need, working online in their spare time.
We can’t help you “get rich”, but we CAN show you how to make enough extra cash to make a very big difference in your finances, month after month.
Here is an example of how this money making opportunity is presented:
Project Payday Scam Reality
1675 Larimer Street
Denver CO 80202 USA
Project Payday was founded in 2006. Almost no information is provided about the people that own and run this program on their website.
Monika St. John is listed as the Co-Founder of Project Payday. I do not believe Monika St. John is a real person. When you check the principle people behind Project Payday this person is not listed. Steve Little is the person that signs as the principle person behind this money making opportunity.
Another group listed as a principle for this company is the HOOKING FAMILY, LLC. Some of the other schemes they are involved with are:
PAID GAME PLAYER.COM
When you join this money making opportunity it is made clear that it is free to join and you have nothing to lose. In my opinion, this is not the reality of this money making opportunity.
“Go ahead and create your account above so you can get started right now – with NO out-of-pocket cost – before it’s too late. You truly have nothing to lose.”- Source Project Payday Signup Page
To activate your account you have to complete 1 of their CPA offers or purchase a $34.95 membership. If you complete 1 offer, you are a regular member. If you complete two offers, you are a VIP member. A VIP member starts off with a higher payment for their referrals.
Here is one of the offers that was provided at the time of this review:
You will notice that Participation and purchases are required.
The money making opportunity that Project Payday offers can be described like this:
You get paid by filling out CPA offers. If you fail to cancel the offers in time, you get charged. Either way your personal information is now in the hands of the company you filled the offer out for. If you already have signed up for a CPA offer in the past or you just don’t want to, then you just get someone else to sign up for it. – Source Projectpayday.com
Here is what two members said about their experience filling out CPA offers:
I joined PPD a couple of days ago. Did the “Fast 50” and got the $50 deposited in my PayPal acct as promised. Thing is I had to spend $30 to complete the offers and my phone has already started ringing with telemarketers and my inbox has started filling with scam offers. definitely not worth the $20 I made for 8 hours of work. – Source Ivetriedthat.com
I also got over 1,500 spam e-mails and more than 30 phone calls from the companies that I had placed orders through. The e-mail I set up for this purpose now gets over 400 spam e-mails per day. – Source Ivetriedthat.com
You must provide personal information. This increases your spam e-mails, junk mail and phone calls. You must also provide credit card information to 3rd parties. Failure to note the details of an offer and keep track of an order and cancellation can result in significant financial loss. You live in constant risk of losing money with this program.
What people are doing to avoid these risks is they are just promoting the referral program that Project Payday offers. There is one problem with this, developing a constant stream of leads is not something the average Joe is capable of.
This member explains that you should only focus on the referral program:
Here one member explains how you make money with Project Payday:
I was making $300 a day easy but I was posting over 100 ads in the Customer Service Jobs section on Craigslist at that time. I was getting a TON of traffic which turned into leads obviously turning into money. That is the way MOST of the ppl showing larger results got their results. It’s much harder to get ads on Craigslist these days but you can still earn good money if you know how to generate a lot of traffic(But that is the HARD part). – Source Real Raw Reviews
Project Payday does not offer jobs. Representatives for this scam feel that it is OK to spam job boards. In my opinion, that is not OK.
Membership fee $34.95 one time. You can signup for 1 CPA offer instead of paying the membership fee.
Whatever money you end up spending on the offers.
They offer no products or services for you to sell to customers.
You are paid a fixed amount or provided a product for each CPA offer completed.
Affiliate Program Commissions and Payments – Starting out you’ll earn a minimum of $1.50 per lead. A lead is generated when a visitor enters their name and email address on our homepage. They monitor your leads closely, and based on the quality and/or volume of your referrals you may be eligible for a higher payout of up to $3 per lead or more.
If you do not provide leads that generate money, you can expect the following from them:
We appreciate your support, but I’m afraid the leads that you’re generating just aren’t working out for us. There are two possible reasons for this. One reason could be that we detected fraudulent activity on your account such as multiple leads from the same IP address. The second possible reason, is that only a few of your leads are becoming actual members, so we are losing money on your leads. – Source Project Payday Support Email
There’s no assurance that examples of past earnings can be duplicated in the future. We cannot guarantee your future results. There are unknown risks in business that we cannot foresee which can affect your results. – Source Projectpayday.com
60 day money back guarantee for membership fees.
They do not provide refunds for the offers you may lose money on.
Project Payday Scam Conclusion
In my opinion, Project Payday is a recruiting scam. They use CPA offers to get you into the program and then you find out that recruiting people is where the money is to be made. Recruiting large amounts of people into a money making program is not something the average Joe is capable of. Participation and purchases are required for many of the CPA offers. There’s no assurance that examples of past earnings can be duplicated in the future. You must provide personal information. This increases your spam e-mails, junk mail and phone calls. You must also provide credit card information to 3rd parties. Failure to note the details of an offer and keep track of an order and cancellation can result in significant financial loss. You live in constant risk of losing money with this program. I would avoid the Project Payday money making opportunity.