KashTree claims to be '#1 Influencer Network' which is not true. It claims to help people change their lives by taking advantage of social media, which is not true. The company was founded in 2015...not true, either.
And the big question - will KashTree really pay you any money? No, of course not. My KashTree review will explain how this malicious site will waste your time and energy. Don't believe these cheap tricks. Don't get involved!
Data harvesting scam
KashTree, Pty Ltd.
KashTree claims to pay you $25 just for signing up. When you actually sign up, you'll see $50 already added to your account. It claims to pay you $25 every time you refer your friend, and $40 every time you complete an 'easy task'.
It may sound crazy, and it is. Unfortunately, it's not crazy as in 'fantastic' but it's crazy as in, out of order. You will soon be defeated twice.
- You can never withdraw the money you've earned, and
- The 'tasks' are to trap you in numerous malicious mailing lists.
I'll now briefly explain what each of these two tricks does to you.
#1 You'll Never Receive Your Money
What you cannot do is to actually withdraw money. Yes, KashTree asks you to enter your preferred method of payment - PayPal, Bitcoin, CashApp or mailed check.
But when your cash-out is due, your payment request will simply be ignored. Your messages will be ignored. Your email to them will be returned undelivered by then. If you make a complaint, your access to the account will be blocked. Eventually the site will shut down. You will never receive a cent.
How do I know you'll never receive money?
Because there have been many sites who scammed people using exactly the same method in the past - CashOG, CloutPay, Referral Pay, Viral Pay, SwagPay - numerous complaints by the users can be found across social media.
#2 Your Personal Data Will Be Sold
The one and only aim of KashTree is to get as many people to participate in the 'tasks' - fake surveys and prize competitions. What happens is;
- These fake competitions are run by several different data harvesting scam companies, so as soon as you click one to enter, you'll be directed to another site.
- You'll be asked to give out all your personal detail before you can enter the competition (full name, street address, phone number, date of birth, etc.)
- Each time you complete a task (survey/prize competition), the company will pay KashTree a commission - that's what KashTree is after!
- Upon completion, KashTree will credit $40 to your account - but as I explained earlier, that's just a number. You'll never be able to cash it out.
- Your personal data will be used for marketing purposes by spammers. You'll soon start to receive spam emails, junk mails in the post and cold-calls.
The value of the prizes are all unusually high - $1,000 Walmart or Amazon gift card, win a brand new iPhone 11, etc, just to lure you into the competitions and get you to enter your personal information.
The prizes are of course, fake. "The winner will be notified by email." Means nobody will know what's going on. You will never win any of the prizes because there aren't any!
How do I really know the prizes are fake?
Because if a legitimate company had a valuable prize to give away, the company wouldn't waste such a good opportunity without promoting it in advance. They would run a good campaign, mainly targeting their customers as a way to thank them. They wouldn't give away decent prizes to some random users just for answering some meaningless general questions.
But Some People Say They've Made Money?
Yes, they say "I've already made $360 with KashTree, this is REAL!" - I can find such posts on Twitter. They're simply looking at their KashTree account - what they don't know just yet is, they can't actually have it cashed.
When they request to withdraw whatever they've earned, they have to wait for 30 days.
But KashTree website is brand new, it's not even been a month since it was opened yet. The company was not "founded in 2015" - there was no company, and this fake site was only created less than a month ago.
So those people on social media who claim to have 'made' money will be disappointed very shortly.
When Cheater Says "No Cheating!"
KashTree sets out a fake "fraud policy" so that it appears to be an ethical, legitimate company. The policy prohibits activities such as;
- Repeatedly clicking your own link
- Sharing your account with other people
- Creating multiple accounts
- Signing up under your own referral link repeatedly
- Using another device to sign up under your own referral link
- Using a VPN to sign up under your own referral link
Once you know that everything else that's being said in KashTree site is false, you'll know these rules are invalid, too.
Call The Police?
By the context, KashTree definitely provides misleading content. But don't waste any more of your time trying to sue them or call the police, because it technically never scam you. They haven't physically stolen any money from you. The worst KashTree may have done to you so far is to lie to you and waste your time.
They don't owe you money - you haven't done any work for them to deserve the money, you know what I mean?
What is the value of the 'tasks' you've done for them? If you were to sue KashTree, that's what the judge and jury would investigate. You copied the link in social media a few times and answered some silly questions. How much is it worth? 50 cents or less, perhaps.
"But KashTree promised me that I'd get paid $25 just for signing up!"
You're not 5 years old.
"Jack promised to pay me a million dollars if I walk backward for 5 seconds!"
If you feel you've been scammed, I understand your frustration, but the best you can do is to get over it and move on. You know you'll never be fooled by any of the similar sites again.
Protect your Personal Data
What you must do from now on is, not to give out your personal detail, unless you know who exactly you are giving it to, and what kind of information they need exactly.
For example, a legitimate prize draw should not take your full name, street address or date of birth. All they need is your email address (and perhaps your phone number in case you are chosen as a winner and they can't contact you on email).
Data protection laws in most countries prohibit companies to take your personal details more than necessary. So every time you are required to submit your personal information, check the small writing underneath the form first. Then stop for a second and think why they need your full name or address.