Gifting

Stay away! Gifting is illegal and it is structured in a pyramid scheme so that only a few actually make any money. The problem with programs like this is that they must continually recruit new members to survive. If they do not then the "club" eventually collapses because of lack of funding. It does not matter how the scammers word the scheme just remember it is illegal and you most likely will loose your money.

In a January 2000 Federal Trade Commission Consumer Report the following tips were provided for spotting and avoiding gifting schemes:

• Consider that a legitimate gift has no strings attached and is not an "investment."
• Avoid being misled into thinking a gifting club is legitimate because the ads say that members consider their payments a gift and expect nothing in return. This is an attempt to make an illegal transaction look legal.
• Be wary of success stories or testimonials of tremendous payoffs. Very few members of illegal gifting clubs or pyramid schemes ever receive any money.
• Take your time. Don't buckle under to a high-pressure sales pitch that requires you to join immediately or risk losing out on the opportunity. Remember, solid opportunities - and solid friendships - aren't formed through nerve-wracking tactics.