REAL Pennies4Profits Review - The Pennies4Profits Scam Exposed
Here's my review of Pennies4Profits. Is it a scam? Does Pennies4Profits work? Let's take a close look at the site, get the facts and then decide! But let me first give You a quick overview what that site is all about.
Pennies4Profits is a lead broker and email marketing provider. When You buy their service You will get 100 business opportunity leads every day and they also offer You to mail the leads for You via their mailer. This comes down to a price of only 1 cent per lead as this service has a 30 Dollar per month fee ( and additional $30 set-up in the first month ).
According to the site the leads are mostly from the US and You will get the following data for each lead: first name, last name, email address, IP and Fresh Factor Date™.
Is Pennies4Profits a scam ?
The first thing to check is the WHOIS of the domain. We find that pennies4profits.com is anonymously registered. A quick search on scamadvisor also reveals that the domains pennies4profits.org and pennies4profits.net are hosted on the same server. Nothing wrong with that ( owning your domain on multiple top levels). But when You are a user of "viral mailers" then You know that these domains are used to advertise the site and that the mails will give the impression that the ads are from affiliates and not from the site owners. So the "user" testimonials You read in those ads are actually coming from fake affiliate accounts that belong to the owners.
The next thing to do is to look for information about the company that is listed as the owner of the copyright from the pennies4profits site. According to the page that is "Prospect Flow USA". A quick search in google and other places brings up exactly NO information. This company just DOESNT EXIST! The only results are from the pennies4profits site and from one affiliate ( if that is not one of the owners fake accounts ) called Jerry Vallone. NO press-releases, NO yellow page entry, NO google places listing... NO Nothing... Not one of their 300 joint-venture partners they claim to have ever mentioned them in a PR or on their blogs...
So we basically have absolutely no chance of finding out anything about who runs this business or where in the world it is located...
Proof that Pennies4Profits is NOT legit:
The above facts are already red-flags for a scam but it could still be the case that these people just don't want to get domain related spam and protect their privacy with an anonymous domain registration. Would not explain why they advertise with faked affiliate accounts but anyway. Let's dig deeper.
On their homepage they are using the trademark sign twice. Once for the Fresh Factor Date™ that is nothing but the age of the lead in days and once in their slogan. A search in trademark directories shows You that these trademarks do not exist! See the screenshot below and / or do your own research ( www.uspto.gov/trademarks/ ).
The site also displays a limited number of accounts that are available for 30 bucks per month. Although they claim to offer high quality leads they dont seem to be able to ever sell out these accounts as the price has never changed till the launch. This counter is a complete fake and is reset every few days or so... This is clearly against the terms of the FTC (Federal Trade Commission) for truth in advertising. No legit USA company will do this...
6 memberships left on 9/29
14 memberships left 1 day later....
Watch the site for a few days to see this number go up and down randomly...
DON'T waste your money on this!
Fake company, Fake trademarks, Fake Affiliate Accounts, Fake "Limited Accounts" Number....
I leave it up to You to decide if You can expect to get legit, high converting leads for just 1 cent each from such a site. I have of course not paid them 60 bucks to test the leads. But judging them from what I see on the homepage I expect that You will get some harvested email adresses with fake information attached.
They also do not mention anything about how often they sell these leads. They do not say You get them exclusively. So they could generate 100 leads a day and sell the same leads to all their customers.