My 24 Hour Income Review – Legit Or Scam?

My 24 Hour Income ReviewHave you been paying attention to all of the hype for My 24 Hour Income?

If you told me someone had pitched the opportunity to you lately, this wouldn’t surprise me. It’s making all the rounds on social media lately.

Next, I want to tell you that I am neither an affiliate or distributor for My 24 Hour Income – I want to give you an unbiased opinion.

Is it a scam? Can you trust My 24 Hour Income?

Read all about it in my My 24 Hour Income review so you can learn the full truth!

Does it deliver on the promises in the marketing materials?

Let me explain in my review of My 24 Hour Income.

Let’s carry on.

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What Can You Tell Me About My 24 Hour Income?

The latest company that’s up for my full review is that of My 24 Hour Income. My 24 Hour Income first launched just a few months ago, and the names of Drew Burton and Faheem Rajput appear on the company’s official website.

My 24 Hour Income’s website doesn’t actually disclose the role that either of these two people have within the company, but seeing as to how they’re the only two names I was able to find anywhere on the site, they’re more than likely the creators of this operation.

In regards to Drew Burton, the man is based somewhere out of Canada and looks to have had his fair share of involvement with plenty of MLM schemes and scams over the years.

Before he likely launched My 24 Hour Income, Drew Burton was wrapped up with companies like Click Delivery, Zukul Ad Network, Fort Ad Pays, and My paying Ads. All of these companies turned out to be nothing more than Ponzi schemes of some sort, and with a history like that, I wouldn’t be entirely surprised if My 24 Hour Income turned out to be something similar.

Looking specifically at Fort Ad Pays, that particular scheme collapsed either on or around the date of May 27th, 2016. On May 23rd of the same year. Drew Burton took to Facebook to report that he had a whopping 305,760 investment positions within the company, which would translate to a total earnings of $305,760.

However, despite Fort Ad Pays clearly collapsing and falling to the ground, Burton continued to do what he could to solicit even more money from more and more new investors.

On June 22nd, just one month later, Burton took to Facebook yet again to say, “Today is a big day… I did it guys Maxed out F.A.P in just 6 months…Even as Im sitting here typing this out Im still going WTF really…DID I do THAT haha.”

At that point in time, Burton had stolen a total of $149,105 from affiliates that signed on to be a part of Fort Ad Pays. It’s unclear as to how much of that he was actually able to withdraw and put in his pocket, but that’s still an incredibly high number.

Following the ultimate demise of Fort Ad Pays, Drew Burton launched My 24 Hour Income in July of this year.

As for Faheem Rajput, he appears to reside in Pakistan and is currently hard at work with promoting the company ZF Share – a Ponzi scheme promising to pay ROIs of 135%.

My 24 Hour Income Scam

Does My 24 Hour Income Offer Any Products?

When looking at the product line that My 24 Hour Income has set in place, there’s not a whole lot to see.

My 24 Hour Income has made the decision to not use any sort of product line in their company, and although this is becoming more and more popular with recent MLM startups, it’s a trend that I would like to see stopped immediately.

Without a product line, there’s no way for My 24 Hour Income to earn any income or revenue because retail sales cannot take place at all. This means that the money that’s keeping the company afloat is coming directly from investments of affiliates within the company.

This is something that I usually see when looking at Ponzi schemes, and judging by the lack of a product line and the past MLM history of the two people associated with My 24 Hour Income, that’s likely where this company is heading.

What Kind Of Compensation Plan Does My 24 Hour Income Have?

As for the compensation plan that My 24 Hour Income is using, affiliates are tasked to invest their own money into the company in return for an ROI. Affiliates are investing in the company’s Ad Pack Plans for anywhere from $5 to $75, and the value of the ROIs can be anywhere from 110% up to 130%.

As for how much of an ROI an affiliate earns, that’s entirely dependent upon how much money they decide to invest into the My 24 Hour Income Ad Pack Plans.

There are 4 different plans available for affiliates to invest in, and they look like this –

  • Invest $5 into My 24 Hour Income and earn an ROI of 110%
  • Invest $15 into My 24 Hour Income and earn an ROI of 115%
  • Invest $35 into My 24 Hour Income and earn an ROI of 120%
  • Invest $75 into My 24 Hour Income and earn an ROI of 130%

Basically, affiliates for My 24 Hour Income are earning about 3.8% for an ROI every single day. However, in order to be eligible to earn these ROIs, affiliates are required to view 8 advertisements that My 24 Hour Income supplies each and every day.

In addition to the direct ROIs, affiliates are also able to earn through referral commissions. These referral commissions are paid out to affiliates through the use of a unilevel payment system, with level 1 affiliates earning 8% and affiliates at the level 2 and 3 spots earning just 2%.

What Is The Cost Of Membership With My 24 Hour Income?

If you’re interested in becoming an affiliate for My 24 Hour Income, the membership is connected to an investment of at least $5, but that can be as much as $75.

In this case, investing more into the company will result in you being able to earn more through the offered ROIs.

Should I Be Worried About A My 24 Hour Income Scam?

Every business opportunity on the web has good reviews and bad reviews – so is My 24 Hour Income really a scam?

Is there a My 24 Hour Income scam or is this business legit?

If I am being honest, I’d say it’s not really a scam, but there are some important points to be aware of.

Learning the business weaknesses and having a strong marketing strategy is what will make you successful.

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Conclusion for My 24 Hour Income

The case surrounding My 24 Hour Income is quite simple.

Affiliates for the company investing as much as $75 a pop with the promise of a 130% ROI, but with no product line in place and the fact that My 24 Hour Income is using new investments to pay off existing ROIs, the company is operating as a Ponzi scheme.

According to the My 24 Hour Income website, the company doesn’t offer refunds for anything either.

“The moment the payment enters our system, it is no longer your money, and it certainly is out money. It belongs 100% to ALL members because we shared those revenue with EVERYBODY!”

The company does try to claim that they aren’t a Ponzi scheme or anything else along those lines, but that’s very hard to believe taking everything I’ve talked about in this review into consideration.

My 24 Hour Income is very much a Ponzi scheme, and as with all other Ponzi schemes, the company will run into serious trouble when its levels of recruitment and investment die down.

This will result in My 24 Hour Income not being able to meet its ROI obligations, and will result in the majority of people involved losing out.

I hope you are finding the information in my My 24 Hour Income Review helpful?

Some of the other reviews I saw had very little details, so I am hoping I gave you everything you need here.

If you’re wanting to become a member of My 24 Hour Income, make sure you take the time to develop a marketing strategy.

And, my FREE training below will help you do that and make money!

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