Cash Rite Review – Good Opportunity Or Big Scam?

Cash Rite ReviewHas someone tried to pitch you the Cash Rite opportunity lately?

Cash Rite is a really popular and new opportunity that is making it’s rounds on social media among network marketers.

Now, first off, let me make it clear I am NOT promoting this business opportunity as an affiliate or distributor.

I have all the facts about this business in my Cash Rite review so you can learn the full truth about it!

Is Cash Rite a scam?

Can you make an honest business with Cash Rite?

Let me show you in my review of Cash Rite.

Read on for all the details.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Cash Rite – What Is It??

In the case of Cash Rite, we’re met with a troubling lack of information right off the bat. The company’s official website doesn’t offer any information in regards to who it owns to or who’s running this show, and this is a trend that we see far too often in the MLM field.

In the world of business, it’s an act of common sense and good practice to make this information readily available to anyone who’s interested in it. It allows the public to tie a face to your company, and makes it easier to hold said persona accountable for anything that takes place within the company.

When multi-level marketing companies don’t make this information readily available, it leads us to believe that they don’t want to be easily tied to their business. And, as a result, it makes the company appear to be up to less than legal business.

This doesn’t automatically mean that a company is for sure taking part in dirty operations, but it’s often a very clear indicator of such things.

If we take our research to Cash Rite’s domain name, we can see that its’ currently being hosted from a company by the name of Beep. Beep is a company that offers free site hosting for people, and while these services are popular for personal use, it’s strange to see it being used by a business.

Further digging throughout the Cash Rite website does reveal two email addresses that are listed, and they belong to Jose Delgado and Bonita Mae Rystrom.

Prior to his involvement with Cash Rite, Jose Delgado launched a company by the name of Real Cash Now. Real Cash Now operated in the MLM field as well, and quickly revealed itself to be nothing more than a Ponzi scheme that was also being hosted on Beep.

On the other hand, Rystrom appears to have a pretty lengthy history of past involvements with other multi-level marketing opportunities. However, the vast majority of these opportunities were centered around the basis of cash gifting.

It’s easy to see that both Delgado and Rystrom have a less than stellar track record in the world of MLM, but even with that being the case, let’s see just what these two are offering this time around with Cash Rite.

The Product Line For Cash Rite

In keeping with the trend of troublesome information, Cash Rite lacks any sort of product line at all. Why is this such a big issue though?

Think about it like this. When there’s a product line in place, sales are able to take place with retail customers. When these retail sales take place, that money is then circulated throughout the company and allows them to pay bills, employees, and other expenses.

When a product line doesn’t exist, the only funds that are available come directly from investments of current affiliates. And, when it comes time to pay off commissions and ROIs, those are funded solely from those investments.

For those who aren’t familiar with this practice, this is what we see when Ponzi schemes take place. And I see this happening to another opportunity that’s sprung up called Easy 1Up. And I talked about this in my recent Easy1Up Review.

What Should I Know About The Compensation Plan?

When it comes to the compensation plan, Cash Rite is utilizing a matrix system. More specifically, a 10 x 4 system that’s also consists of two tiers.

As with other compensation plan systems, this matrix first starts off by having one single affiliate placed at the very top of a matrix. From here, 10 additional positions for affiliates are then added right underneath that first affiliate.

However, that’s just the beginning of this whole thing. You see, those 10 positions just consist of the first level of this matrix system. In order for the next level to be created, each of those 10 spots is the split off into an additional 10. So, as a result, the second level of this matrix system consists of 100 new positions – aka affiliates.

The rest of this matrix is handled in the exact same manner, with the third level consisting of 1000 new spots, and the fourth and final one housing 10,000. Once all is said and done, 11,110 total spots need to be filled up in order for a matrix to be completed.

If an affiliate for Cash Rite wants to get involved with the money-making opportunities that are tied to this matrix, they’ll be required to hand over $4 to secure one position at the level 1 spot. Once this payment has been made and their spot has been secured, affiliates are then able to earn money from other affiliates within the matrix as well.

There are 8 different investment levels for affiliates to choose from, and they work out in the following manner –

  • Investing just $4 into Cash Rite will allow affiliates to earn $2 from 10 other affiliates within the company – totaling out to a profit of $20.
  • Throwing $10 into the matrix will earn an affiliate $5 from 100 total affiliates, bumping that profit all the way up to $500.
  • If an affiliate invests $20, they are then able to make $10 off of 1,000 affiliates in the company. As a result, they stand to make a profit of $10,000.

The other 5 levels continue in a similar manner, with each level costing more, but also further increasing the amount of money you stand to make. However, the more money you invest, the more ridiculous the profit margins become.

For example, if an affiliate invests $500, they are told that they’ll make a profit of a whopping $3,000,000.

Does anything about that sound legitimate to you?

How Do I Join Cash Rite?

Signing up and joining Cash Rite won’t cost you any money at all. However, you’ll have to pay at least $4 if you want to earn money from the matrix system that the company has set in place.

Is Cash Rite Really A Scam?

Have you been hearing that Cash Rite is a scam?

Have you heard Cash Rite is legit?

It can be hard to tell with so many different people telling you different things.

So, what’s the truth – is Cash Rite a scam or is it a good business?

I would say it’s not really a scam. There are a few things you should be aware of before joining.

The best way to be successful is to be prepared going in, and have a plan to market yourself.

If you want help marketing and making money, see below.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Conclusion for Cash Rite

Although Cash Rite might be operating under a different name, it’s really the exact same operation that we saw before with Real Cash Now. Affiliates invest into the matrix system at first for $4, and money is handled through the act of cash gifting.

While investing $500 in return for $3,000,000 may sound amazing, those are nothing more than pie in the sky numbers. Once new investments stop coming into Cash Rite, the company will run out of funds, and will encounter a rather immediate collapse.

Thanks to the way that Ponzi schemes operate, most people who invest their own money will end up losing it. In fact, I believe the same thing will happen with SendViper which is another scheme which has just popped up.

Simply said, investing into Cash Rite is a very wrong move.

I hope you got all the details you needed to make an informed decision in this Cash Rite Review.

Bears of anyone trying to sell you something in their review articles.

If you do want to proceed with Cash Rite, make sure you know how to market properly.

My FREE training below will help you.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Speak Your Mind

*