Welcome to my MoneyChaser.co review.
There are too many such scams around these days. This new platform is very obviously a scam, and I will show you all the proof.
It is my hope that with this review, you will steer clear of MoneyChaser, and that if you had already signed up with them and have promoted your referral link, to remove it so that they do not continue to profit at everyone’s expense.
At the end of my honest and in-depth review, I will also show you how I am making my online income, so that you can decide if it is the online path that would suit you.
Without further ado, let’s dive right in now!
MoneyChaser.co Review Summary
Product type: Referral program
Price: free to join
Scam / Legit? : SCAM
Recommended or not? : Absolutely not recommended
Money Chaser is a harmful website that attempts to harvest your data, and sell your contact details to third party advertisers at a high price. They will never honour their promise to pay you for people whom you refer to their program.
As you spend more time on the site, trying to complete some tasks, you may land on other shady sites, or unknowingly get malware installed onto your device.
So please stay as far away from them as possible.
If you do not want to waste anymore time on scams, check out my #1 recommendation to making money online:
Read on for the detailed review of MoneyChaser.co, and why I call it a scam.
What is MoneyChaser.co
To find out what is MoneyChaser.co, let us first take a look at its home page.
There are some obvious red flags just waving and screaming at me.
Red flags on MoneyChaser.co
Too high paying
To promise a $25 bonus upon signup is a huge signal that something is fishy. Since you do not have to pay a single cent to sign up with them, where do they get the money from, to pay you?
$25 is a huge amount, in the internet marketing industry.
Though they claim that advertisers and sponsors pay them, and they are sharing the ads revenue with you, the rate is still out of this world.
It gets better:
$10 to $15 for every friend you invite, and you even stand to start earning $500 today!
It is too easy! Just sign up for free, invite your friends to join for free, and get paid!
These promises are just to lure people in, so that they get a flood of members signing up with them, giving them what they want.
I will be explaining their ulterior motive in a while.
Who owns the platform?
Who are the people behind MoneyChaser? There is no information about the owners at all.
This raises another alarm bell, telling us that they could be hiding something. Why else would they not dare to stand up for their own product?
More huge lies on their website
They say they were formed in 2015, and have paid over $14 million to more than 300K members.
It does sound impressive, but they are lying through their teeth just to appear credible.
How am I so sure that this is not the truth?
Well, look what I uncovered about the age of their domain:
They are barely one and a half months old at the time of this writing!
There is nothing wrong with being a new website, so long as it is a legitimate and honest platform. Unfortunately, MoneyChaser.co is definitely not.
They even blatantly claim to have had gotten coverage from major sources like Forbes and Fox News!
Well, extraordinary lies like these will not hold their own, it’s not difficult to bust them just by snooping around a little.
The video testimonials of people earning loads of money with MoneyChaser may look convincing, but those are in fact actors hired from Fiverr.
Take a look at this one:
See his profile on Fiverr:
If this platform were really so lucrative as they make themselves out to be, why are they not able to find a single real member to provide his or her testimonial?
Why do they have to resort to engaging actors from Fiverr to do it?
I think it’s rather easy to decipher this puzzle.
Fake contact email address
I tried running a scan of the email address provided on the website for support, and it couldn’t seem to go through.
From the looks of it, they had never intended to get in touch with anyone, right from the onset.
How disappointing is that?
What if you had issue trying to cash out your earnings? Who would help you, or are they leaving you in the lurch, considering the only means of contact does not even seem to be a real pathway to connect with them?
What exactly does MoneyChaser.co want out of you?
They sell your information
MoneyChaser.co is in fact a data harvesting site. They simply want your contact information, which they will be able to get, once you sign up with them.
Since you landed on their site trying to make money online, they will be able to sell their members’ list to third party advertisers at a high price, because this make money online niche is a very competitive one.
Scammers make lots of money selling people products that claim to get them rich fast, by doing zero to very little work. Everyone wants that, so many people will fall for those scams.
It’s so lucrative, this trade.
They work with other shady sites
As they claim, besides referring friends to their site, you can also make money by completing tasks and offers.
Considering the unscrupulous nature of these people behind MoneyChasers, you can be sure they will do anything for the sake of money.
Stuff like direct you to other dubious sites, which request for your information again, and maybe even more personal information.
You may waste lots of time doing things that they want you to do, say clicking on links, or advertisements, etc. that will earn MoneyChasers the money.
Worse yet, you could be directed to malicious websites that download viruses or other malware on your computer.
MoneyChasers.co will never pay you
Nope, not even a single cent.
From their huge payment claims, it’s quite obvious they can never afford to pay you. So they never will pay you.
It was never their intention to pay anyone a single cent at all, right from the start when they decided to set up the platform.
The proper way to make money online
There are many legit and honest ways to make money online, but they all require hard work.
If you are not prepared to work, then you do not have to read on, because what I have to say will be of no help to you.
I understand everyone starts off wanting to make it rich fast and by doing very easy work. It’s a very natural thing, that’s just human nature. I wasn’t spared of all the temptations on the internet myself.
But when I realised those empty promises are only going to make other people rich, and not me, I stopped looking for shiny objects.
I found a dull-looking object, but I knew in my heart that is the real deal. From then on, I have never looked back.
I am now working full time from home, growing my internet business, and making an online income. I started from scratch with zero knowledge in this area. If I can do it, you can, too.
Here’s a peek into my earnings on a recent day:
That’s almost $200 in just one single day. It’s nothing to boast about, though, as it’s just a small fraction of its full potential. I just wanted to show you the possibilities.
Check out this training platform that provides all the resources, tools, along with an entire community of aspiring as well as already successful online income earners. The best part is, you get to start for free:
To round up this article, let me recap and summarise the pros and cons, before I finally make my conclusion.
Pros of MoneyChaser.co
There is not a single plus point to this platform, seriously. It will do you more harm than good. So you are better off staying away from it.
Cons of MoneyChaser.co
1. They will never pay out
I have never seen anyone receive any payout from them. With that, I mean real people. Those payment proof shown on their website do not count, those are outright lies.
You may also see many people trying to promote MoneyChaser.co. It does not mean they are earning from it. They probably do not know it is such a huge scam, and are only trying to get more referrals so that they can make some money from it.
2. Your contact information will be sold
Your email address will be sold to third party advertisers, and you can expect to receive an avalanche of spam mails.
Though a minor irritation, it still infringes your privacy rights, since you never consented to receive any of those promotions and offers.
3. You may land on other dubious sites
As you try to explore the MoneyChaser platform, and click on stuff or attempt to complete tasks, you may end up either making money for the owners of MoneyChaser, or getting yourself onto some shady websites that may be very dangerous to your online security and privacy.
4. Friends and family whom you had referred will lost their trust in you
If you had referred people you knew onto the platform before figuring out it is a scam, then it is very likely they are going to lose their trust for you, since your recommendation turns out to be a waste of their time and effort.
Is MoneyChaser.co Scam or legit?
This is quite an obvious one. I’m 100% sure it is a scam, as the intention to mislead and deceive is just too strong.
If you want to make any money online, there is no short cut, no easy way out.
There are many legitimate ways to make an online income, and all of them require hard work, grit and perseverance.
If you are not prepared to work for your success, and believe that there is a secret formula waiting to be found, then all the best to you, because such a thing does not exist.
They are made up by unethical product creators, taking advantage of people’s natural tendency towards instant gratification.
I hope you never fall for those anymore.
If you’d allow me, I’d like to show you the exact path that I took to build up my online income.
This real deal does not promise instant results, but instead provides the knowledge and lifelong skills required to grow a successful online business, which is exactly what I have done. Check it out by clicking on the button below:
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If you have any concerns or questions regarding this MoneyChaser.co review, do comment below, and we will start a conversation from there.