YoullRetire.com Review
Is YoullRetire.com A Scam?
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YoullRetire.com is the training site for Scott Miller’s People’s Program. The People’s Program is completely based upon cash gifting. What is cash gifting? In the most basic terms, a cash gift is exactly as it sounds, a sum of money given as a gift. In more complicated terms, it is the act of giving another entity or private individual funds of real value without previous or future commitment and without any type of coercion.
YoullRetire.com Program Based On Gifts
The program introduced on YoullRetire.com is based upon the “gifting” of funds, particularly as a measure to avoid estate taxation. Does the concept of YoullRetire.com sound a bit suspicious or confusing? Is YoullRetire.com a scam or a legitimate business venture?
There are two factors of Youllretire.com’s cash gifting program that the can be identified as possible scam alerts: 1) Although it is not clearly detailed on Youllretire.com, the payout of the cash gifting program is based upon a pyramid structure. This type of structure essentially ensures that while you may receive a percentage, you will never receive the full benefits of any contribution, as it travels to the top of the pyramid. In addition, the benefit for those actually making a cash gift is not fully explained. 2) There is no clear product or service being sold.
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Although Youll Reitre does not fully disclose all details, for the purposes of this review, it is important to consider one of the most astonishingly unexplained aspects of this program: encouraging the contribution of cash gifts from complete strangers and their rewards for giving a the “gift”. This program has alarming similarities to the illegal Ponzi schemes that have made news in recent months. Cash gifting appears to be based upon a structure of attracting new cash gifts to pay out the previous cash gifters. Similar as in a Ponzi scheme, the most obvious scam factor is that eventually these funds run out the closer that you get to the bottom of the pyramid.
YoullRetire.com Does Not Offer Enough Information
In our review, the other aspects that we found to be strikingly similar to other programs proven to be scams include: the lack of available information on how exactly the program works; and, the inability to make any money for yourself without recruiting others to join the program. Although these particular factors do not specifically indicate that the program is a scam, they are common tactics put to practice in less than honest business schemes.
Tools and Training on YoullRetire.com
YoullRetire.com does promise training and the tools required to successfully market your own cash gifting program. The listed tools include customizable websites, videos and graphics to aid with the presentation and personal branding. Additionally, there are nine entry levels which, as stated, ranges up to $10,000. However, I couldn’t find an explanation of how to reach the highest level, what happens as levels increase, what the other increments are at various other levels or what the payout would be whether or not an upper level is achieved.
Essentially, in our review of YoullReitre.com, cash gifting is not a type of business opportunity that I am a fan of. I don’t know of anyone who makes a stable income off of cash gifting programs like YoullRetire.com, do you?
Sincerely,
Christian ColeEditor-In-Chief
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