Scott Millers Cash Gift Trainer Review
Scott Miller’s Cash-gift-trainer is no different than any other cash gifting system. They use no special techniques and no new ways of making money.
I am going to explain how the cash gifting in Scott Millers Cash Gift Trainer program works. What is cash gifting? Cash gifting is the giving and receiving of cash money into and out of a group or a club. To become a member of a cash gifting “club” or “group” such as Scott Miller’s Cash Gift Trainer, you have to pay a certain amount of money to qualify for a certain level or status.
Normally there are a few different levels that you can qualify for. If your at the, for example. $3,500 level, then it means that you had to pay $3,500 to join the cash gifting group or club. The way that you make money works as follows:
If you paid $3,500 to join, then you qualify for the $3,500 level. At the $3,500 level, you need to recruit people to join under you to receive the “cash gifts.” However, since you are only at the $3,500 level, if you get someone to sign up under you at the $5,000 level, you only get to keep $3,500 of the money that the person paid.
The other $1,500 goes to the person that you signed up under and so on. Under this system, you are forced to recruit at least 2 people to sign up for the club / group at your level in order to make any profit at all.
Please note that there is no new money coming into the system other than what members invest. The “club” or “group” is just redistributing the money that people have put in to it, meaning that between 100 people, if $50,000 was put into the club, then the $50,000 will be recirculated through out the club. You may make more than you put in, the same, or nothing at all. Unless everyone made the same amount of money that they invested, someone WILL lose money.
Scott Miller’s Cash Gift Trainer program entices you in by stating that cash gifting is easy, but they don’t tell you that you will spend hours on the phone, sending letters and emails trying to get one person to sign up under you, just so you can start to make back what you put into the system.
Cash Gifting, such as in Scott Miller’s Cash Gift Trainer and “The Peoples Program” is not entirely legal. Look on the FBI’s website about cash gifting to learn why it is not legal. There is no investment, no way to make more money than what is put into the system by members and no way to prove how much you have put in the system.
Technically cash gifting income is non taxable as long as you do not give or receive over $12,000 from the same individual during the tax year, however, are you really going to keep records of who you sent and received money from?
Don’t be fooled by people stating that they have made tons of money by cash gifting. Yes, they may have made $50,000 in one year, but they also could have had to spend $49,000 in advertising to make that much. I bet that you found Scott Miller’s Cash Gift Trainer program by clicking on an advertisement. How much do you think he spends to make money?
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