Welcome to my MoneyGenie.co review.
I won’t beat about the bush here. This is a blatant scam, so please stay away.
Do not be taken in by all the YouTube videos that review this platform and claim how easy it is to make money with it. They are victims themselves, without realizing that they are helping the scammers with their dirty work.
If you are interested to find out more details, and see the red flags that point to the work of these unscrupulous people behind MoneyGenie, then join me in this honest and in-depth article.
Stick with me right to the end, because I will also reveal the exact method that I am using to make an online income, working full time from home.
Without further ado, let’s dive right in now!
- What is MoneyGenie.co
- Red flags in MoneyGenie.co
- What Money Genie does exactly
- Pros and cons
- An alternative
MoneyGenie.co Review Summary
Product: Money Genie
Product type: social network
Price: free to join
Scam / Legit? : SCAM
Recommended or not? : NOT recommended
MoneyGenie.co is a geniune scam, luring innocent victims in with promises of good and easy money. They will not pay a single member at all, and I will show you why I say that.
Their ulterior motive is to harvest your data for selling to third party advertisers. They also benefit as you try to complete tasks and offers on the platform.
Stay as far away as you can from Money Genie. It is up to no good.
What is Money Genie
To find out what is Money Genie, let us first take a look at its website:
So it is supposedly a social media network, where you are supposedly the influencer, and you earn when you refer friends and others to join the platform.
You also get to earn by completing tasks or offers.
Earnings come from the ads revenue that Money Genie makes from the advertisers that use their platform to increase brand exposure and awareness, which MoneyGenie.co then shares with its members.
Sounds like a simple and convincing concept. But there are too many red flags waving at us that you cannot ignore. Let me walk you through them now.
Red Flags in MoneyGenie.co
Earning potential is excessively high
The promised earnings are way too high for this platform to be legitimate.
It’s free to sign up, and they offer you $35 upon signing up. Where on earth will this money come from?
$1 per click is unheard of. $5 per referral is out of this world too.
There is more: $50 when you create a YouTube video (minimum of 1 minute duration) to promote MoneyGenie.co.
$50 per completed survey, $15 per app download, and varying earnings for other tasks completed depending on the fee paid by advertisers.
If this were legitimate, anyone could easily turn it into a full time income, and beyond. Nobody would have to work at their 9 to 5 job anymore. And there would be world peace.
Lie about number of years in business
They claim to have been in the social network business for 6 years now.
A simple check uncovers the bare truth that they are not even two months old at the time of this writing. The MoneyGenie.co domain was registered only in October 2019.
The numbers do not make sense
Look at this, they claim to have paid out $50 million to their members, and have amassed 256K members.
This is not possible, considering that now we know for a fact that the platform is barely two months old. Advertisers do pay for clicks and views to their offers and advertisements, but never at this kind of rates.
Fake payment proof
Payment proof is so easy to fake nowadays. They look convincing, but the truth will not lay hidden forever.
Take a look at this found on their payment proof page:
The one on the right shows payment coming from a completely different company than Money Genie. It says Tap2Earn, which is another scam site that I have exposed earlier.
Here is the zoom-in of that piece of payment proof.
Why would the payment paid by another company appear here on Money Genie’s website? And it’s a fraudulent company at that!
What would it take now to convince us that they are unrelated?
What MoneyGenie.co Does Exactly
It harvests your data
The main objective for the existence of Money Genie is to harvest your data (the name and email address you provided when signing up onto the platform), and sell it at a high price to third party advertisers.
Why I say they will earn a lot from it is because the list they collect is considered a highly targeted list – these are people all interested in making money online, seen simply from the fact that they sign up to Money Genie.
And I’m sure you are well aware, the make money online niche is the Wild West. There are too many lousy products around, delivering nothing but hype, all trying to dig into your pocket.
So if you had signed up to Money Genie, be prepared to receive tons of unsolicited emails from unknown companies, all trying to sell you useless empty promises of the riches.
Though it may not seem like a big problem, it is still an infringement of your privacy, and a breach of the trust you had for the website when you signed up to it.
It makes you do the work for them to get paid
When you create YouTube videos to promote Money Genie, they get free advertising for their site. More people will sign up to complete the tasks and offers, which allow them to make money from the vendors and advertisers.
For instance, when you download apps, click on ads or links to arrive at some websites, complete surveys, subscribe to some free trial, etc. the people behind Money Genie will stand to gain in monetary terms.
But they will never share those earnings with you. All your effort will be for nothing, except going down the drain.
To round up this article, let me recap and summarize the pros and cons, before I finally make my conclusion.
Pros of MoneyGenie.co
There is not a single pro to this scam. Steer clear of it, as it will do you more harm than good.
Cons of MoneyGenie.co
1. Your contact information will be sold without your permission
It is sneaky and immoral to collect your information in the guise of registering for a membership, and then selling it off behind your back.
2. There may be dangerous security and privacy breaches
Depending on what tasks and offers you choose to take up on the platform, and the nature of the vendors or advertisers who set up those tasks, you may land in trouble without realizing it.
For instance, clicking on links may lead you to dubious sites like online casinos, or sites that promote some illegitimate health products.
In other cases, when you download an app as part of a task, you may be inviting malware or a virus onto your device.
3. You will never be able to cash out
Money Genie will never pay out, because if they do, they will go bankrupt within a week. Their rates are way too high to be true.
And this means not a single person will be able to cash out.
Is MoneyGenie.co Scam or Legit?
It is a legit scam. Run as far away as you possibly can from it.
Everyone wants to be rich, but guess who will make it?
It’s a very natural thing, that’s just human nature. I mean, find me someone who doesn’t want to get rich fast, and with minimum effort.
I wasn’t spared of all the temptations on the internet, hopping from one shiny object to the next.
But when I realized 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. And from then on, I have never looked back.
An honest, down-to-earth method that will get you there. It’s not going to be easy, but it will get you there.
Versus the fast and easy way that gets you nowhere.
Which would you choose?
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 daily earnings:
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:
This real deal does not promise instant results.
Instead, it provides the knowledge and lifelong skills required to grow a successful online business.
And for reading all the way to the end of the post, I believe you have it in you to make this work. Here is your FREE PDF Guide: 4 Simple Steps to Making Money Online. Fill in your details to claim it:
If you have any concerns or questions regarding this MoneyGenie.co review, do comment below, and we will start a conversation from there.