MagicoBux (magicobux.org) - SCAM

• Reason For Review: February 2011 - Requests | Archive
  
• Review Last Updated: ***March 08, 2011
  
• Owner/Alias:  UNKNOWN
  
• Current Whois: http://whois.domaintools.com/magicobux.org
  

We are moving MagicoBux from the Watch List to the Scam List. Site had both payment processors limited and the site is no longer online. See "cons" section for more info. Here are the pros and cons of this site:

PROS:

1. Forum - This site does have a forum. Forums are great for communication between members and staff. Members can post payment proofs, get support, and stay up to date on changes made to the site. You can find their forum here: http://magicobux.org/forum/

2. All Countries Accepted - So far there are no restrictions and all can join and earn from this site. Will update if this changes.

http://www.magicobux.org/forum/main_forum.php?cat=4

4. Secondary Password & Pin- You have the option of creating a secondary password to protect your account. Which is highly recommended that you use this option, however with this script a lot of people are reporting problems with the secondary password function. Received several reports from other sites using this script that when you go back and add a secondary password the site locks you out.

After you join you will also be required to create a cashout pin. Make sure it is different too. Don't be a fool and use your bank account pin that you use for your personal bank account. Create a unique 4 digit pin and write it down somewhere if need be.

CONS:

2. Whois Private - Unknown ownership.

3. Buggy Site - All sites will have down times and bugs.This is a GeN4 site. It is notorious for bugs and glitches. Ranging from referral link issues, secondary passwords, to automatic bans for doing simple tasks like clicking on forum links or deleting your own referrals. Another reason why we do not recommend investing on new sites, at least till they fix most of the bugs.

4. Both Payment Processors Limited?!! - Yes, at the same time. Basically this site is useless till they can pay again. If they can't refund investments then the site will be moved to the Scam List.

» News about MagicoBux       Thread: Payza (formerly known as AlertPay) and PayPal
Posted: 03/06/2011 02:24:19
	admin Posts: 69 Member Since: 2011-01-30	Hello dear users, recently some "honest" users purchased from our website trought PayPal and Payza (formerly known as AlertPay), they are from different countries and spent a total of $700, the problem is that they later requested to be refunded, the first time we refunded a total of 3 payments, a few days later the same users made the same payment of the same amount and guess what? They requested to be refunded later. So now PayPal and Payza (formerly known as AlertPay) have limited our accounts (PayPal for 180 days, Payza (formerly known as AlertPay) still don't know) because they think we're scammers. This is the reason of delay on payments which will be temporary suspended for now. We also noticed that other PTC sites had the same problem and also their accounts AP & PP had been suspended. We're very sorry and hope this problem will be solved soon. Updates will be posted on this topic. Best regards, Admin

Some Things You Should Know About This Site...

• Avg Daily Earnings w/out referrals : $0.04 +/-
  

• Number of Ads: 4
  

• Referral Earnings :
• $0.005(Standard Ad)
  
• $0.00625(Extended Ad)
  
• $0.0025(Short Ad)
  

• The minimum cashout is $2 for the first cashout, $4 for the second cashout, $8 for the third, and $10 for every cashout after that.
  

• Script: GeN4 from PTCPay - VALID. 

• Contact Email/Link:  Support@MagicoBux.org
  

• Site Created: July 2010 
  
• Pre Launched/Beta :January 30, 2011
  

MagicoBux.org was avery new site and already it has had both payment processors limited and now the site is showing suspended. As of now we would not recommend this site for the reasons previously described. If they can not refund investors the site will remain on the Scam List by default, whether or not they meant to scam people.

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.

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