Is Cash Tracking System A Scam?

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Cash Tracking System Review

Name: Cash Tracking System
Website: www.financialfreedomsites.com
Price: Starting at $500
Owners: Unknown
Overall Rank: 3 out of 10

Cash Tracking System Overview

What is Cash Tracking System? Is Cash Tracking System a scam? In this review I hope to help you understand how this system works or maybe how it doesn’t work. To explain what you might be getting into and to help avoid this pitfall. The name is usually shortened to CTS and as a heads up I might shorten it to this throughout this review.

Well, let’s get right into this. Cash Tracking System is in a nutshell a cash gifting scheme. Yep scheme! More on this later.

Screenshot of this scam CTS

What is a cash gifting and how does it work?

This has been around for numerous years, in different forms called by different names, for example remember chain letters. Chain letters is a form of cash gifting. Maybe you remember this from the eighties and nineties. Basically, you received a list of names, you gave a dollar to a determined number of people on that list then added your name to the list. In theory this was supposed to make you rich, well long story short, it didn’t!

Basically cash gifting is a term used in estate planning in which a person is allowed to gift someone up to $12,000 without that person paying taxes on that gift. Anytime you give above that amount you are taxed.

To divulge any information to at all about Cash Tracking System you must first sign up with the them, such as full name, email address, phone number and create a password. The reason for this is you must be invited to be a member, a hierarchy within a private members only club. So the only way of being a member is to be invited. Once invited you are given a password to the site.

The you will be greeted by an introduction page and the 7 step process. Where all of their methods of earning and overview of how Cash Tracking System works.

So CTS is made up of 3 levels of cash gifting, then with 2 other other if you wish to be fully optimize by combining the levels. So a possibility of 5 levels. What you gift to the person above you determines, why you in turn will be gifted to you. So if you only gift $500 to the person above you, if someone joins below you you will only be paid if that person joins at the same level ($500). If they join at the $1000 level you earn nothing.

The levels are:

  1. $500.00
  2. $1000.00
  3. $1,500.00 (Combination of level 1 and 2)
  4. $2000.00
  5. $3,500.00 (Combination of all levels 1, 2, and 4)

To join you must decide what amount you are willing to depart with to the person who invited you, this is called a cash pledge or a cash gift. This money is sent usually via Fed-Ex overnight delivery. Most people would also hid the money in several envelopes within a magazine to disguise the cash hidden within.

Once joined (coughed upped the money) they are then able to receive cash pledges or gifts but only first by giving the first person to sign up under them to the person that invited them in CTS. What? Yep…give. So even if you do get someone to sign up under you, you will not see any money from doing that, by default it is given to your inviter. This is called “1-up”.

Are you willing to give someone up to $3,500.00 (cash gifting) with no guarantee of seeing any return. I’m not. Just sitting there, waiting for the Fed-Ex package to arrive,as the days go by and nobody has sent you that much cash. Forget that noise.

Well when you hid things, things like your website, phone numbers, who owns the company, or actually company (btw, did you know it’s not even a company?) or a product, this is in fact a scam. This is the first rule in determining if a product or service is a scam. Transparency, if it doesn’t have transparency guess what? Yep, scam. This company has no transparency, so run, full sprint away from Cash Tracking System.

The Good & The Bad

The Good:

  • Claims to be in existence since 2009.

The Bad:

  • Zero transparency. Your little voice should be screaming SCAM ALERT!
  • Anything that promises overnight success or quick money, you should immediately stop and run as fast as you can the other direction. Your money will thank you later.
  • Complaints of receiving phone calls everyday with prerecorded messages that last up to 10 minutes.
  • Promises leads to a large amount of people that also want to make money. 5,000 to 10,000 leads. Really…In reality these are probably dead end leads, if not why doesn’t the person use these great leads for himself. Plus there are only so many leads to grow around.
  • Deceiving practice of not even having the same name as their website. This is immediately a red flag.
  • No real product is being sold. This equals a scheme.
  • To find out more information you must sign up. Transparency lacking here.
  • Low interest around cash gifting for obvious reason.
  • A monthly fee of $34.95 for hosting a website with a $25.00 setup fee. Overpriced for sure!
  • Lots of fees.
  • Severely overpriced optional courses to help with you become successful by taking more money from you in order to train you. Try on the order of $600.00 to $1,100.00.
  • The free websites they give you are clones of other websites, so you are just a carbon copy of other sites. You won’t stand out in any way.

Cash Tracking System Tips

Avoid this! This is my one and only tip.

Cash Tracking System Alternatives

I don’t recommend alternatives to obvious scams, as what is the point of recommending another scam to someone. Just avoid this.

Who is Cash Tracking System for?

People that want to separate their money from their person, then spend valuable time (wasted time) trying to find other people to sign up under them. I am being sarcastic. Sure some people (mostly the ones at the top) probably made some money, but for the most part regular people probably thousands of them made nothing.

Are you the rule or the exception?

Cash Tracking Tools & Training

What I see they have more training other than the 7 step process but that my friend , will cost you. From around $600.0 to 1,100.00 in additional money. Their not setting you up to succeed but drain you of money.

Cash Tracking Support

Supposedly they have a Questions and Answers calls once or twice a week to answer and additional questions prospective members might have.

Cash Tracking Price

The price varies from $500.00 to $3,500, plus website hosting fees and maintenance of $35.00.

My Final Opinion of Cash Tracking System

Stay Away!! Caution Scam! Are you really willing to give someone money and expect to get money in return, with no guarantee? Not this guy. It might seem alluring with some guy opening Fed-Ex packages with thousands of dollars but trust me, you will lose money and you will lose it fast.

Cash Tracking System is not a legitimate way to make money. Cash Tracking System is a scam! Do yourself a favor and stay away from this cash gifting system.

Cash Tracking at a Glance…

Name: Cash Tracking System

Website: www.financialfreedomsites.com
Owners: Unknown
Price: $250.00 to start.
Overall Scam Rank: 3 out of 10

VERDICT: NOT LEGIT

Hold On, Before You Go…

If you are looking for a 100% legit way to make money, by owning your own online business. It provides the best training online along with the most helpful and friendly community online, with all the support to get you building your online business. I recommend you read my #1 Recommended Program and sign up to get started today.

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4 comments on “Is Cash Tracking System A Scam?
  1. Just a typical obvious ploy to bash another program to make your program look good. It is just so pathetic. Why can’t you promote your opportunity without Bashing another? It says a lot about you as a person and also about your opportunity – my guess is you are running a Ponsai or pyramid scheme LOL! You wouldn’t know a real opportunity if it bit you in the butt. We are receiving a ton of cash while you waste time with lies about a true opportunity to give and pay it forward with love and integrity. We are completely legal, IRS compliant, ethical, and have been around for 17 years. Can you say that about your program? I truly doubt it

    • Dan says:

      Typical, I present the truth. Transparency and Promising the world is all I need to say to you. As Cash Tracking system has many different websites and names. As well as your site immediately promotes becoming the top 3% of the population in terms of wealth and that they also can attain this right now. Instant success, what totally B.S. Deceptive practices, I would never promote something unattainable. Promise the world, and deliver nothing.
      Huh…
      This is a website design to help people find legitimate companies online, I promote legitimate companies and expose scams. I also deliver useful information and resources to people as well as promote what works, not scams, and its is very obvious that Cash Tracking System is a scam. If I promote it, I researched it and it must be transparent. Your company is not. Why not?
      I promote mostly affiliate marketing, it is 100% consider to be nothing like or at all a Ponsai (Ponzi) or pyramid scheme.
      Off you go now…

  2. Justin says:

    You’re a hater and dead wrong. Do some real research. You said if a person comes in higher than what you pledged the a person gets nothing; this is false 1.the 1up makes it fair for everyone. 2. Once qualified and someone pledges higher than the level you’re on then you receive your level funds and the rest goes to your inviter which it should until you upgrade. Cut out the B.S buddy. The videos don’t promise anything infact they make it clear you have to put in work to win.

    • Dan says:

      I very well could be wrong on the one specific point you make, but in general I believe what I wrote about Cash Tracking System. Are you making money from them? What about all the lack of transparency? What about the overcharging of hosting a website?
      Are their any points in my review I get right? Or is it all wrong, Justin? I think you are new to CTS and have yet to be burnt.

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