cash gifting?

Is cash gifting through The Overnight Cash System or Elite Cash Gifting legal? There does not appear to be any sort of pyramid or anything. You gift cash in the mail to someone along with a signed non-solicitation form and a signed gifting statement that you are gifting X.. amount of money and don't expect anything in return. It is a gift no strings attached.. The other thing is can you accept gifts under an alias name for instance your maiden name?

Yes, do your research and you will see it is legal.

If you have any other questions, drop me an email. Sergr5@yahoo.com

Gifting is illegal, plain and simple.

It's the ultimate ponzi scheme.

You may make money, but, you will set off a daisy chain of losses that will increase in proportion to the amount of money you make.

In essence, your gains are other people's losses.

Is that how you want to earn money online?

By the way, world law has over a dozen cases on file of people charged for felonies related to this kind of gifting. Email them to discuss if you need more info.

AVOID the "gifting" schemes!

As a former Fed and considered one of America's top home based business experts (my 2 partners and I have generated over $2 billion in sales in our previous 3 companies and top leaders with our current company) I can state unequivocally that cash gifting programs are highly ILLEGAL, both in the U.S. and internationally...

Just ask one of my associates in our consulting business (he's a prominent former Attorney General who used to shut down these programs all the time!)

I am absolutely amazed that in this day and age that people would join a cash gifting deal! (Have they been living under a rock for several decades?)

The FTC alone in the past several years has shut down over 200 cash gifting deals...anytime where the only thing exchanged is money and there is an expectation of something in return (a quid pro quo), you have an ILLEGAL program! (Obviously no one is going to send money to strangers unless they think they're going to be receiving money from others for participating!)

Do you ever read newspapers? There's plenty of stories you can read online about people being prosecuted, fined, and jailed for being involved in cash gifting programs, money clubs, etc.. Watch TV much? 60 Minutes has done stories on the illegality of these types of "deals." The FTC has warnings on their site as do most state Attorney Generals...

It's humerous to see the proponents of gifting deals misinterpret, misapply, and misconstrue IRS tax codes in order to swindle people...to make matters worse, failing to report money received on your tax return really puts you in hot water with the IRS..

Ever notice that don't tell you to send cash via the U.S. postal service? That's because they know that cash gifting is ILLEGAL and using the postal service in the commission of a crime would subject you to even bigger legal problems..

In some states, it is a misdemeanor and others a low grade felony when prosecuted and convicted!

Hope this helps you out in your decision making process! LMAO...

[kevin123]

Hey,

Thanks for sharing your posts guys. I feel in order to choose the best cash gifting club one must look for one that is not too big. The smaller the community the easier it is to make money as the community grows. Many of the cash gifting groups you see on the internet will offer you great marketing incentives to join. By finding a group that can do most of the marketing you will be able to relax and collect your money.

Cash gifting is simply a bad deal stay away if you know whats good for you.
Only the first ones in make the money I know first hand from experience its a crock of crap stay away.