Readers of my blog already know my view about Wealthtoolbox. However, it is one of the affiliate programs that is quite obviously an internet scam and everyone should be warned.

I try my hardest to give a balanced, fair review of affiliate programs, but sometimes it just is not possible. This is one of those times. I must also apologise for the lack of screenshots and images in this post. There will be none simply because there is nothing of Wealthtoolbox that is worth taking a screenshot of.

Wealthtoolbox barley gets away with being called an affiliate program. There is currently no reward for referring people, although it used to be a flat rate of 50 imaginary dollars per referral.

The way Wealthtoolbox works is simple, too simple. To sign up all you need to do is enter your e-mail address. They then deposit $50 (this amount has now gone up to $100!) in your account. And that’s it! You just sit there, while they ‘invest’ your money, and somehow your balance just keeps on rising. Mine has now risen to a whopping $629.53!

It should be obvious that they will never pay out. According to the terms and conditions they will payout after two years, which is way to long. Also their ‘business plan’ simply doesn’t make sense. If they could magically ‘invest’ and make more money like that why would they need to put money into our accounts to do it? Why not just do it without us?

Anyway, entering your e-mail address seems like a pretty low risk right?

Wrong

Our e-mail address is the only thing they want from us, so it must be the way they are going to make money. My prediction is that they are creating a massive list of email address of gullible people with the intention to sell it. A list of a million e-mail addresses is worth a lot of money.

What does being on the list mean?
In a word, spam. Who ever buys that list will have paid a lot of money and so will want to put it to ‘good’ use. They will probably do this by sending large amounts of promotional e-mails. You don’t want to be on it.

In a way it has already begun, somehow someone managed to steal a chunk of the list and have been sending spam emails to everyone on it. Me included. So far it has only been about 3 or 4 emails over a couple of weeks, but everyone who was sent one now has access to those e-mail address and can start spamming too.

Conclusion
As I have said Wealthtoolbox is clearly and Internet scam and I advise you to avoid it at all costs. You have been warned! It is a HYIP scam (high yield investment program scam) with a twist. No investment and no yield.

Keep those site suggestions coming in!

See the Wealthtoolbox Update here.