Rating: 3/10
If you are looking for a work from home job that can potentially earn you money it is always possible to find one online. One of these is the Turbo Wealth that offers a money making scheme through affiliate marketing. Time and again it worth noting that while there are numerous opportunities like this that you can find on the web, it is crucial to be cautious about getting scammed. Therefore, it is worth asking is Turbo Wealth a scam? before you proceed into signing up for this product. Here is what we found out about Turbo Wealth that can help you assess whether it is worth taking an investment risk.
Is Turbo Wealth A Scam? – Understanding its money making scheme
Before signing up with any online marketing product you are always curious about what it can offer you. For someone too eager to earn an income online it always happen that you focus on how much you can earn but do not give much attention on how you can earn from it. This always happens and unfortunately it is the deception tactic used by many scammers. Turbo Wealth promises a wealth solution by using their product and claims you can possibly earn $40,000 in one week. Before you completely believe this kind of promise you should first understand how this is possible. By using their software their system will give you access to their webinar and training tools. You will also have access to numerous leads that will kick off your internet business.
In order to access its product packages you need to sign up. Signing up will cost you $1,000 for bronze membership, $2,000 for silver, $3500 for gold, $6500 for platinum, $12,000 for diamond and $20,000 for elite, plus $247 admin fee for every membership package. In order to earn you need to have a sponsor and referrals. The one up pay plan applies for your earnings. Upon signing up the fee you pay will go to your referrer. In order to earn you need to refer someone to sign up for the system which makes you the referrer who will be entitled to the signup fee paid by the person you refer. You also get an earning from the sign ups made by everybody referred by your down line.
What’s the catch?
Taking how the Turbo Wealth system works, there is a chance that one can potentially earn, however it is not certain that it is worth your investment. There are actually no products to sell and no services being offered. Your main income source will basically come from referrals. Considering that the owner of Turbo Wealth is unknown there is no guarantee that it will not disappear. Moreover, their system is very far from being a business model but more of a pyramid and multi-level marketing schemes. The amount of your investment does not give you something valuable in return other than the training webinar and tools that are not actually unique and exceptional since you can always get some of the information they provide from other sources at a much cheaper price and even for free.
There is also no money back guarantee therefore once you pay out there is no way of getting back your money. There is also a high possibility that the people behind Turbo Wealth will disappear with your money with them. We can always assume that you can potentially refer people to sign up but for how long do you think this scheme will make you profit from your investment, not to mention the risk of losing access to the system once the people behind it decide to retire or just disappear. With no money back guarantee and a flawed system that does not provide you a stable income source by selling products or providing services, taking an investment risk for Turbo Wealth does not seem to be worthy.
Conclusion
There is a good reason to answer yes if you ask is Turbo Wealth a scam? While there is a chance of potentially earning an income from using the system, the risks are too high to gamble your money. Online marketers understand that in order to make a sustainable business to earn profit you need to spend time and effort in selling products. Turbo Wealth does not provide you a regular income stream other than giving you a share of the signup fee by the people referred by your referrals. It is obvious that Turbo Wealth targets to exploit individuals who are very eager to earn money quick by offering them a get rich quick solution which is not back up by an efficient system that will sustain earning a profit. Turbo Wealth may not be a complete scam but there is always a high possibility of becoming one because of the deceptive marketing tactics they employ in order to encourage people from signing up.
