Cash Tracking System
|Type of Business:||Cash Gifting Scam|
|Skill Level Needed:||N/A|
Cash Tracking System Review
by David Harris | Updated on May 20, 2022, at 9:41 AM:
The Cash Tracking System is from Mark R., also known as CTS to Financial Freedom and found at financialfreedomsites.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.
I’ve spoken with many people involved in programs like this that are convinced that this and others like it are legal operations.
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.
They’re not necessarily hiding it from you, but they are 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.
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.
Their traffic is nothing to speak of so it does not live up to the hype that they throw around on 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.
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 levels.
Starting at level 1 with $500 on up to level 4 with $3750 configured at 250 + 500 + 1000 + 2000.
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.
You must agree to get a call from your sponsor who you will then send them cash as a 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…
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!
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.
TagsCash Tracking System Mark R. Cash Tracking System to Financial Freedom Your Financial Freedom cash gifting scam ECS Consulting illegal
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