Cash Swing (cashswing.com) - SCAM



 

 

 

 

Pays Per Ad 

Min To Cashout 

 Wait Time $

Payout Methods 

Up to $0.01 

$1

w/in

10 BS Days


 

 

 

 

 

Upgrade Prices 

 Referral Program

 Restricted Countries

Accounts Deleted 

After Inactivity ? 

$2 - $16 Monthly

1 LEVEL 

NO Direct Limit

China Must Upgrade

 NO

We are moving cashswing from the Watch List  to the Scam List, and here are the combined reasons why:


1. For Sale - Site is for sale and there is no announcement from the owner in regards to the sale. By default the site will be moved to the watch list for not informing members before the sale.


https://flippa.com/auctions/112784/Cashswing---Established-GPT-Site-with-very-high-potential-earned-8310-till-now



2. Unpaid Debt - The old owner states that he recently gave the site to someone else. 


http://www.emoneyspace.com/forum/index.php?topic=104220.msg1057435#msg1057435


Whether or not anyone wants to believe that... is another issue, but the main problem is that the site has unpaid debt.Now the so called "new owner" is selling the site and telling buyers that they can just reset the balances and start over.



  1. Posted by:
    10premium (+2)
    Date:
    Fri, 12 Nov 2010 23:27:10 GMT

    Hi,
    Thanks for the reply.
    1. just to clarify again...the buyer will also get the liability of $478 and more during the next week for the earned but unpaid amounts to members,,,right?
    2.what are the margins, like how much is the cost of the package tht u sell for 8.4?
    3. u have chosen not to accept Escrow payments for this auction, how would u like to be paid from the winner of this acution - given the potential risks?
    thanks

  2. Posted by:
    ask2talk (+2)
    Date:
    Sat, 13 Nov 2010 06:44:42 GMT

    Hi,
    Thanks for the reply.
    1.yes sir, that are the waiting payments and you can cancel all and start getting requests again and so start paying again.
    2.we sell many packages like specials , memberships, referrals,link credits,banner credits,etc. like you can just visit our site and click on advertise , you will see all the things we sell there.
    3. I first of all don't know anything about escrow payments , so i selected paypal payments because till now i have only used paypal and alertpay.

    If you have any more queries just post here.
    thanks

 
 

 




3. Site down over 7 days - Site is no more and does not load. If you see the site online, kindly let us know so we can check on it. 





 

 


Summary:

 

CashSwing another paying site seems to have given up. Some will call it just another failed business. Some will say scam. Since the site had investors, site will remain on the Scam List till investments are refunded. 



I will say this...the original owner probably didn't mean for the site to turn into a scam. However members feel they were scammed. So by default the site will be placed on the Scam List regardless whether or not the owner meant the site go go scam. If he would have paid off old debt we would have had no problems with placing this on the closed list. Since the site ended badly we are left with no other choice.


If anyone would like to share their experience that they had with this site, whether it is good or bad, feel free to do so in our comment section at the end of this review.





Please note, the information in the review was posted at the time and date from above. If the site changes its policies, please kindly let us know in the comment section and we will update or change the incorrect information as soon as we can.



 

 

 

 

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