|Type of Business:||Private Cash Gifting Activity Programs|
|Skill Level Needed:||N/A|
Lazy Wealth Cash Gifting – Scam Review
Lazy Wealth by Larry Oxenham, found at lazywealth.com, is stated to be a “private activity” cash gifting program. They go to great lengths to explain why this gifting program is legal even though it’s not, or highly questionable at best. Definitely it is unethical.
All cash gifting, private cash gifting or any kind of cash gifting program that says you can profit from gifting is an illegal activity and is a complete scam.
Claiming that it’s legal because the U.S. tax code allows for up to $12,000 per year in gifts without having to pay tax is an illogical and absurd statement that has nothing to do with it being LEGAL or not!
Cash gifting, also known as cash leveraging, is a punishable offense in most states. It is considered by law as: illegal lottery statute, pyramid and chain letter crimes.
Stay very far away from any Cash Gifting Program including Lazy Wealth.
Thanks for reading…
TagsLazy Wealth Lazy Wealth Cash Gifting lazywealth.com Larry Oxenham Cash Gifting Private Cash Gifting Activity Programs scam LazyWealth www.lazywealth.com Private Cash Gifting not legit
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