Scam Review
 

Cash Tracking System

Overall Rating:SCAM
Type of Business:Cash Gifting Scam
Skill Level Needed:N/A
Income Potential:N/A
Website:https://tracking.cashtrackingsystem.com
Recommended:No/Scam

Cash Tracking System Review

by David Harris | Updated on September 10, 2022, at 10:41 AM:

The Cash Tracking System is from Mark R., also known as CTS to Financial Freedom, and found at tracking.cashtrackingsystem.com, and is an illegal cash gifting scheme.

Regardless of what many marketers will tell you, there is no such thing as a real, legal, legitimate cash gifting program.

Period.

I’ve spoken with many people involved in programs like this that are convinced that this and others like it are legal operations.

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I can assure you, they are most certainly not.

When you try to find information about Cash Tracking System’s website it’s hidden by a proxy so you can’t find their address, phone numbers, or owners.

Cash Tracking System cash gifting scam

They’re not necessarily hiding it from you, but they are hiding it.

Hiding it from law enforcement.

The first few pages have some vague videos full of hype and nonsense.

And offer you no real description of what you would be doing to make those large sums of money with the program.

They simplistically claim their system is all about sending gifts to one another.

But again there are no details of how it works or how much it costs to join this cash gifting program.

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There are so many complaints registered online that they are too numerous to count here.

But I will convey the most frequently noted issues many members have had with the Cash Tracking System gifting program.

 

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Their traffic is nothing to speak of so it does not live up to the hype that they throw around in all their video presentations.

Most complain that very few people are interested in the Cash Tracking System so they inevitably lose all the money they invested in the scheme.

The websites people receive are clones so everybody is competing with each other with the same exact generic duplicate sites.

The system preys on people in financial trouble that are willing to ignore all the warning signs in hopes of getting big bucks fast.

All they need is to hear their pitch that they will save them from financial ruin.

However, that’s exactly what they will get if they do this.

Cash Tracking System gets members to focus on getting more recruits into their group as there isn’t anything to sell.

But the compensation model is not described on the main page or the following ones.

The real money-making model of the Cash Tracking System is actually the very well-known cash gifting scheme.

But it is thinly veiled and the government will see right through it.

Cash Tracking System has four payment levels.

Starting at level 1 with a $500 pledge on up to level 4 with $3,750 configured at $250 + $500 + $1,000 + $2,000.

To join, you have to be brought in by invitation only.

Going straight to their homepage will welcome you with a generic, you must be referred by someone, notice.

There is no way to get inside to see any of the info otherwise.

Hence the invitation-only activity.

You must agree to get a call from your sponsor to whom you’re supposed to send as a cash gift after you choose the level you’re going into.

After joining they assign you a website that you have to pay a fee of $34.95 per month with a one-time $25 setup fee added to that.

Cash Tracking System claims the website and system you get will supposedly help you get more members under you.

But so far, many people who joined have complained that it’s pretty useless.

If by some chance you are able to bring others in you only get paid at the level you joined.

So even if your referrals start at a higher level you only get the $250.

However, if you happen to join at level 3, with $1,750 and nobody joins you at that level you will lose all your money.

The only product provided is the website which really isn’t even a product.

Cash Tracking System figured they can get away with the cash gifting model because they think that giving gifts to others is legal, therefore this must be legal.

This is absolutely false logic.

Cash gifting schemes are very illegal in all 50 states as well as most other countries.

Sure, yes, if you give someone a monetary gift, that is 100% legal…

Duh.

But this is definitely not what’s going on in a cash gifting program scheme like this.

Anyone running a cash gifting scam will tell you that you can receive up to $14,000 per year (per IRS tax code) without having to pay taxes on that gift.

And they would be correct.

The IRS doesn’t care if the money you make is from ill-gotten gains, they just want the tax money.

That’s the FBI’s job.

However, that has absolutely nothing to do with this gifting activity being legal or not.

Per the IRS website:
IRS Gifting Tax

What is considered a gift?

“Any transfer to an individual, either directly or indirectly, where full consideration (measured in money or money’s worth) is not received in return.”

A gift is only considered a gift when someone gives something of value to someone else and expects absolutely nothing else in return for it.

Even if it’s from a different person within a network such as how cash gifting programs work.

The money doesn’t have to go back to the same person, it just has to be from anyone in that network.

So, a gift isn’t a gift if there is an expectation of gains attached to it.

That act (receiving as much or more money yourself after you gift to someone else) negates it from ever being a gift in the first place.

In this cash gifting scheme (or any other for that matter), no one would ever give you a gift unless they themselves would be in a position to receive gifts at a greater amount as well… right?

There would be no point for them to do any of this otherwise!

The entire point of a cash gifting program is to make far more than you spent to get in.

There is a U.S. Postal Code that says anyone who sends money through the mail for cash gifting scheme purposes will be fined and/or imprisoned for mail fraud.

This is a very serious offense people.

Don’t do it!

It’s not worth it!

Cash gifting programs in any form whatsoever are not a legal, legitimate way to make money online from home.

The Cash Tracking System gifting program is an illegal scam that you should have absolutely nothing to do with.

Thanks for reading our Cash Tracking System review.

David

 

 

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Tags

Cash Tracking System   Mark R.   Cash Tracking System to Financial Freedom   Your Financial Freedom   cash gifting   scam   ECS Consulting   illegal     

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2 Comments/Reviews

This is excellent advice from someone who actually understands financial freedom. Most of the critics of CTS probably never took a look at the 7 short videos. Only 1 hour of their time to look at the video can have a significant financial impact upon their life and yet they refuse to.

Of note: I am not a member but have gone through all the videos of the website that was offered to me to learn more, and I have to say I can only give my opinion based on what I already know from understanding other “business systems” (including the one I’m currently using).

The videos at the beginning seem to be thought-provoking & much of it is actually true if you’ve read a few money books by Robert Kiyosaki (as you mentioned). If you understand the cash-flow quadrant & why employees/small business owners rarely get ahead, it’s because they participate in a “broken system”.

The rich continue to get richer because they invest, rather than spend. And according to Kiyosaki, when you can turn expenses into investments, you are looking at a real legitimate opportunity & potential for financial freedom.

This is probably the only reason why CTS doesn’t jive with me as much: there’s technically no “product”…but in their mind, that’s one of their pros – saying they don’t need people to have a product buy-in mentality. Essentially you pay to be part of the “club”. It’s a membership of like-minded individuals not bogged down with a cynical scam mentality.

There are actually MLM-type businesses that are entirely legit & do very well when the compensation plan is designed around effort, not seniority (like most jobs, I might add, are a pyramid structure for instance). In CTS, there seems to be no real hierarchical structure, though one may exist, I’m unsure.

With ANY opportunity, one must evaluate the ROI (return on investment). If I invest in this opportunity, I would likely go for the $3500 buy-in and participate in their education platform/system (esp if I wasn’t already participating in one that teaches how to think differently making money).

Because if you’re going to do anything, you gotta do it right & do what’s recommended by those who have gone before you. They OBVIOUSLY have a vested interest in your success, because the more you’re successful, the more they are…so understand the value of a mentor.

But jobs mentality people would do well to start investing into their mind to start thinking like an entrepreneur. Read a few people skill books & that’ll be a good start. You just can’t assume there are no risks in life & that you’re entitled to success if you don’t step out on faith & take some risks.

I learned a long time ago, take advice from those who actually have what you want in life, not those just willing to throw tomatoes at your ideas.

ANY TIME you step outside of the box & have a dream, someone WILL challenge you. That’s why there are so few highly successful people in the world: most people can’t hang with the adversity & go against the status quo.

I’m evaluating the CTS simply as an additional stream of income.

It’s smart to diversify in this economy. Whatever you do, DO NOT place all your eggs in ONE basket.

 

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