If you want to avoid embarrassing yourself in public, gain real trust from your social followers and earn good income online in years to come, CashGem.co is the exact kind of site that you should stay away from. If you visit for the first time, the site may appear to be legit, providing you a great opportunity to make money, all positive and happy... Not. Absolutely everything that's being said is fabricated. None of it is true. My CashGem review will prove this, so don't waste a second of your precious time on this scam site.
Data harvesting scam
"CashGem, PTY" (fake company)
What Is CashGem.co?
CashGem claims to be the #1 "Cashing Network", pays out a lot of money to users for barely doing any job, for example;
- $30 cash bonus just for signing up.
- $15 for every friend you invite.
- $100 if you promote CashGem via a TikTok video and Snapchat video respectively.
- $45 each time you complete a "task", listed in Cash Wall.
It falsely offers a large amount of money just to get you to do some fake "tasks" set out by illegal advertising agents. Your CashGem account balance may increase very quickly, but it will never let you cash a single cent out of it.
Here's how it works;
- It promises to pay you $15 each time you refer someone to CashGem, so you'll end up encouraging as many people to join in.
- You could earn hundreds of dollars just by inviting others, but to become eligible to cash it out, you have to complete "tasks" from the CashGem's Cash Wall.
- ...And the Cash Wall is where your personal identity will be stolen!
- None of the tasks listed in the Cash Wall is really a task. They're all fake reward giveaways. ($100 McDonald's gift card! $1,000 prepaid Visa card! etc.)
- To complete a task each time, you are required to give out your personal detail (full name, email address, street address, phone number, date of birth, etc.) all of which will be sold to third-party spammers.
- When you're ready to cash out, you can send a payment request to CashGem at a click of a button...which will simply be ignored.
Trying to contact the support (which doesn't really exist) is a waste of time. Occasionally they would respond to say the payment clearance system is down, therefore it may take X weeks for you to receive your money. It's just an excuse to avoid you temporarily. Soon your access to CashGem will be blocked, and the site will vanish. That'll be the end of it, and you will never receive any money.
It Pretends To Be Legit
Now you know how CashGem deceit you just to sell your personal information to spammers. But if you still feel it's hard to believe, that's because the scammer has made the entire website as legitimate as they could. I'll show you how the information is falsely made up in a little while, but here are a couple of tricks to try to convince users.
Firstly, it's a "preferred payment method". When you log in for the first time, you'll be asked to enter the payment information - how you want to get paid. The choice between PayPal, CashApp, Venmo, Bitcoin, or by check. Just to make it look like they're ready to process payment at any time.
And secondly, it's the "Fraud Policy" page (https://cashgem.co/fraud-policy). It tells you what you're not allowed to do, such as;
- Repeatedly clicking your own link
- Buying fake traffic
- Signing up under your own referral link
- Using any automation software, etc.
By telling you that these actions are "fraudulent", it tries to make the CashGem site credible, you see what I mean?
Three friendly, smiley faces and their job titles "Vice President of Business Development", "Vice President of Marketing", and "Senior Vice President of Demand Generation and Partner"... They may give you the impression that CashGem is a well-established company, and you may have a pleasant experience on this site.
But you may also wonder, there are vice presidents, so who is the president...the big boss? And what do these vice presidents actually do?
Of course, they're all stock photo models. These "vice presidents" don't exist...
All it says is "Out team is your team. When your mission is to be better, you need the best people driving your vision forward." What the hell is it talking about...?
Well, I have one piece of advice for you. If anyone, any company - not just a scam like CashGem but with any legitimate company - boasts "big words" but fails to explain what they actually do in plain English, never trust them. They're not being straightforward with you and they will never be. Their business is going to do very little favors to you. Ignore them and leave!
CashGem claims that it started its "business" in 2015. Not telling the truth, because the site was only first registered in April 2020 - it's brand new.
It also claims that the name was mentioned on top publications such as Forbes ("where we have been named the "#1 Cashing Network") in 2016. Of course, there is no such thing called a "cashing network".
It goes on to claim it was "invited to over 30 advertisement summits and have won awards for our high paying offers" in 2018. There is no such thing, either. If a company, a bank, or any organization, can offer rewards in high value, there should be a valid reason for it, e.g. making good profits and the result benefits the stakeholders. Without any explanation, CashGem's claim is totally fabricated.
Lastly, it claims to be partnered with "more than 300 companies to bring you the top offers on the task wall." There aren't 300. There are only a few, and they're all illegitimate spam agencies!
The Company Does Not Exist
According to the CashGem's T&C page (https://cashgem.co/terms), the site is owned by CashGem, PTY, Melbourne, Australia. Such a name never appears in the Australian company registration database. But on the other pages, it claims to be based in the Netherlands. The contact address is shown as "Willem Barentszstraat 68 Utrecht, Netherlands". So this is what you'll find if you search the address on Google Maps.
As you can see, this is just a residential address - CashGem is not a company.
All Fabricated - Testimonials, Payment Proofs
You may know by now that the testimonials are all fake - these people are obviously posing for the camera. All the photos are downloaded from royalty-image sites (Unsplash.com).
Payment proofs are all cheaply made - anyone can manipulate screenshots, send fake SMS messages and create graphics like those using free software online.
There Is No Such Sponsorship
CashGem claims to be sponsored by all these well-known brands such as Amazon, Pizza Hut, Norton by Symantec, etc. All it says is, "Their support helps make it possible to accomplish all that we do."
That's not how a "sponsorship" works - it should work in both ways. A sponsorship campaign should show a mutual benefit between each company and CashGem. Without explaining how each company supports CashGem and what for, this is clearly fake. CashGem just placed the brand logos on the homepage, unauthorized. It's not sponsored by any of them.
Beware Of "Cash Wall"
As I mentioned earlier, Cash Wall is where they try to steal your personal data and sell it to third-party spam agencies. Each one tries to lure you in by flashing a fake prize, but it doesn't even say "Win Fortnite for Android" "Win McDonald's gift card", giving you a false impression that you might automatically receive the item for free if you complete the task. And what you're required to do is to answer a few silly questions - not even survey questions. None of them is barely a task. If you stop and think about it for a second, it'll be clear to you that they're all there for spamming purposes.
If you give out your personal information, you'll start to receive unsolicited emails, text messages, and odd cold-calls. You'll never receive any of these items for free.
National Consumer Center
If you live in the USA, as you try one of those "tasks" in the Cash Wall, you are likely to be directed to another site "National Consumer Center" - the name of which sounds like a legitimate organization, but it's a notorious spam agency.
CashGem is an affiliate to this agency and, each time you give out your personal data, National Consumer Center will pay CashGem a very small commission (approx. $1 - $1.20). That's how CashGem makes money - that's how little it makes money! You see why CashGem wants you to invite as many friends and social followers, because if 100 people complete a "task", CashGem will make $100-$120. There is no way it can pay you $45 each time you complete a task, you see?
How To Remove Your CashGem Account
Our reader, NV has kindly shared his/her experience with CashGem in the comment bellow and advised us how to remove your CashGem account.
You cannot completely remove the account but you can remove your personal information. Simply go to "My Account" and change your email address to a fake one, e.g. firstname.lastname@example.org. Change your name to anything, e.g. Donnie Trump. That's it. Log out and try logging back in with your original (real) email address. It will no longer let you in, means your real email address has been overwritten by the fake one.
Don't Believe In "Free Money" Anywhere Online
Nobody is a charity, you know. Think about your local shop, restaurant, or supermarket. How would you feel if they said, they'd give you $15 cash each time you invite your friend to the shop, even if you never spend a dime on them? If they said they'd give you $45 every time you answer a few questions?
It works the same online. Nobody will randomly pay anybody free cash for barely doing a job. Anywhere on the internet, there really is no such thing as "making money online by"...
- "Clicking a few links"
- "Sharing a link on social media"
- "Simply copy & pasting"
- "15-20 minutes of work per day", etc.
If you see an invitation like that, look away. If you are sensible enough, you know that's not how businesses work, online or offline. As long as you keep searching for "easy money", you'll never find anything successfully.
LEARN How To Make Money Online
You know, there are millions of online business training courses, but whoever claims to offer a revolutionary "system" is not telling you the truth. The ONLY way is to learn the techniques to work from home. You can trust when they say;
- "No previous experience is required" and/or
- "No technical skills are required".
Yes, you can trust it because everyone has to start from zero, and you don't have to be a techie to make money online. I started from zero and I barely know anything about programming - never learned any of those at the uni or through my day jobs, you know.
But ordinary people like you and I can make money online, does NOT mean they don't have to learn anything. In fact, there are a lot of techniques to learn before your work-from-home business starts to take off.
Affiliate marketing is a legitimate business model, and that's what you should start to learn. If you are interested in building your own blog site and earning commissions by recommending products to users, join me from the link below. We'll take you through step by step. The only way is to learn. Good luck!