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Incredible Method - Make an Insane Amount of Money Quickly

Discussion in 'Making Money' started by mafiaboy, Jan 2, 2009.

  1. mafiaboy

    mafiaboy Registered Member

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    How I Got the Idea:

    2 years ago I signed up for CJ , there was this company paying out 30$ per free signup with credit card and an extra 60$ if they followed through with the payment.

    I ended up finding some people , gave them 5$ each to enter their CC number on this website which was free , i got my 30$ per person. 15 days later I check my cj stats and they've magically gone up , WOW everybody had actually paid for that product and so for each person i got an extra 60$! I ended up getting banned by cj that month for giving incentives but they paid me surprisingly.

    Turns out this company automatically billed you if you didn't cancel your subscription, I got some angry emails sure but I had a nice paycheck from cj , now this was a complete mistake.


    The Method:

    1.Make a website , make it look half decent .
    2.Setup up a payment processor for credit cards
    3. When they pay make them accept the terms and agreements which say that they will be billed automatically if they don't cancel.
    4. Get some people from forums or whatever , pay them some money to enter their credit card info and tell them its completely free.

    Most of them will not cancel , you charge whatever you want and voila you've got money! They accepted the terms and agreements, you gave them time to cancel their subscription and they didn't , so wish them luck when they file a dispute with their CC company.

    PLEASE READ:

    Please note that I have not tested this due to the fact that I can't find a good programmer for a payment processor since I don't want to use PayPal.

    I am not sure if there is a minimum time that you have to give the people to cancel , because I cannot find websites offering less than 7 days of free trial so I'm not sure if it's a law of some sort , if someone can please tell me that would be great.

    VERY BIG websites use this method and I now realize why some of them offer such high incentives for simple CC numbers.
     
  2. graphicnut

    graphicnut Supreme Member

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    fraud ;)
     
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  3. mafiaboy

    mafiaboy Registered Member

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    yea thats what i thought , but way too many companies on cj and copeac seem to be doing this
     
  4. sidddd

    sidddd Power Member

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    That's a great idea to loot RICH people ... but some of the people who are ready to enter Credit card number for small amount of money are the one who are looking to make quick cash :( Cheating them will have a negative impact!
     
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  5. bgdavid

    bgdavid Newbie

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    YeP smacks of the F word (fraud) and legal problems.
    Why do this when there are to many other easier ways to make more without the hassels??

    Sad to say that this method is wide spread and the mentality with it.
     
  6. mafiaboy

    mafiaboy Registered Member

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    lol i guess this is too black hat XD didnt think it was to the point of fraud sorry guys
     
  7. themagician

    themagician Regular Member

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    '...More and more marketers use what is known as a 'negative option offer.' That means they offer something on a free trial for 30 days, for example, however, when you sign up they require your credit card details, many promising that you won't get billed as it's a 'FREE OFFER' but the credit card is a security measure or to establish you are not underage.

    However, in very small print, they will explain that if you don't cancel your subscription or send the unused portion of the product back to them within the 30 days, they WILL bill your credit card for the full amount and CONTINUE TO DO SO until you cancel. Most people miss this, as it is designed so you should.

    Some companies will then go on to make it very difficult for you to cancel, others will claim you missed the 30 day deadline in sending back the product. Either way, you get screwed.

    It is a popular marketing technique which i am pretty confident was started in the U.S. as they are masters at selling. It is now global, of course.

    Even more disturbing is the fact that research shows if you entice people with this kind of deal, only a very small percentage can be bothered to return the product for a refund, especially if you make them jump through hoops to get a refund, i.e.

    Must be returned within 30 days
    Must be accompanied with the original invoice
    Must be returned in the original packaging
    Must be mailed with registered or certified post
    Must carry postal insurance etc.

    It is a technique I employ with some of my products and I rarely have to give money back.

    Wrote about this kind of thing yesterday:

    Code:
    ttp://www.blackhatworld.com/blackhat-seo/blackhat-lounge/44969-beware-scams-during-tough-times.html#post431178
    [​IMG]
     
  8. graphicnut

    graphicnut Supreme Member

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    themagician, what he is saying is not what you just explained. If it was a free 30 day trial yes you can deploy hidden cancelation etc etc but he is saying charge however much you want and dont let em cancel lol :)
     
  9. mafiaboy

    mafiaboy Registered Member

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    so this is a good idea, YES they can cancel , im emphasizing the fact that most of them will not read the fine print.
     
  10. dumdum4gumgum

    dumdum4gumgum Power Member

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    I dont know if i would want to try this lol
     
  11. bgdavid

    bgdavid Newbie

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    Well let's not worry about back end marketing.
    Just get your one shot, burn them then go.

    Fortunes in the follow up and loyal clientel (buyers)
     
  12. innocent

    innocent Junior Member

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    No disrespect but I'm still trying to find the "incredible method" in your post...
     
  13. Yukinari84

    Yukinari84 Elite Member

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    There's so many more easier and more effective ways to make money than this.

    But if your satisfied with your results, than more power to you, but I personally would not want to lose my CJ account over something that would only produce this small amount of cash. My CJ is worth way more than that.
     
  14. SlowNsteady

    SlowNsteady Registered Member

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    This is exactly what all the magazine companies do. Does anyone remember when best buy was offering free trial subscriptions at the registers a few years back? They'd have the cashiers pushing shitty magazines on you when you're just trying to pay and leave. I think it got some negative attention and they stopped offering it. It's not fraud if you let them opt out and have the auto billing explained in the fine print, unethical maybe, depends on who you talk to. If you want to associate yourself with those types of practices its on you, but I believe in Karma.
     
    Last edited: Jan 2, 2009
  15. oceanman

    oceanman BANNED BANNED

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    dont risk it...you will get dissappointment later part...
     
  16. berrycorp

    berrycorp Guest

    this is what hostgator does too.... i have had a rough time when i started coz of this.. some 2 years ago!
     
  17. BuzzKill

    BuzzKill Executive VIP

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    This idea is full of holes that I am not going to bother pointing out. You're going to be pushing 70% chargeback rate, pissing off a lot of people, and you won't get paid.

    Not to mention you're in the red on the douche-meter for deliberately misleading people and costing them time and money. In the big picture you are also contributing to the CC companies stats to justify rate increases, which is then passed down to us.

    TOS and agreements mean nothing to a credit card company. If one of their customers says they want their money back, they will get it and you will not.