fummo-make-money.png Fummo is a very suspicious looking PTO (paid to complete offers) site, where the main way to earn is the referral system rather than the actual PTO. The first thing I noticed which strongly suggests Fummo that are an Internet money making scam is that the TOS and privacy policy are non existent (don’t worry I did’t sign up!). There is also no real information about the company, no addresses, no details, nothing.

Fummo claim to pay $5 for every active referral you make. They also say they are aiming to have 400,000 registered members by the 20th May 2007 which is when they ‘go live’ and pay out (apparently). They don’t say whether they are aiming to have 400,000 active members, but if they did it would cost them $2 million!

One immediately obvious problem is the site is fraught with spelling errors, some of which are quite funny:

“Fummo- Free opportunity to make money online!”

To me that implies that Fummo stands for “Free opportunity to make money online”; perhaps they didn’t realise that opportunity stats with an “o” and not a “u”.

Another one is on the homepage, they say:

“receive $5 from each your friend”

It’s obvious what they are trying to say but it doesn’t create an air of professionalism!

Other than picking at spelling/grammar errors, their forum is packed with disgruntled members who’s questioning posts are being deleted and not responded to by the Fummo team.This thread has members questioning Fummo, not being responded to and then agreeing that Fummo is an internet money making scam that is selling their e-mail addresses. If you want more negative discussions then the entire Fummo forum is packed with them.

In addition to all these woes, there aren’t actually any PTO offers to take! The forum members say that there was a single offer that appeared a while ago for $65 but hardly anyone took it. Without any offers all the members referrals will be worth nothing because it’s impossible for them to be active!

The Fummo FAQ suggests that on the 20th May more offers, as well as a search engine will appear. The 20th May is only 1 week away, so I will post an update of what happens then!

Conclusion
The Fummo site is so unprofessional and ‘internet scam like’ that there are only two possible conclusions.
1. They are simply an Internet money making scam and will not pay anyone.
2. It is run by amateur businessmen who are trying (and failing) to create a legitimate business and will fail to make and sustain deals with advertisers, resulting in members either being paid less or not at all.

I am inclined to go with number 1, but given we have only a week to wait and see which is true and a little patience never went amiss. If you are looking for a second opinion, Alex from Blog About Money Online also thought Fummo to be an internet money making scam.

Read the Fummo update here and find out what happened to Fummo!