What is the Instant Money Biz? Is it Another ‘Get Rich Quick’ Scam?
Are you also wondering, what is the instant money biz? Have you read about it online but not sure if it is legit or scam? To clear your doubts about it, read first my extensive instant money biz review.
Before we go into the review proper, I want to clear out that I have always been making reviews about money making programs. I made this as a passion because I want to help people don’t do the same mistakes as I did before. If you want to jump start in learning a legit way to earn online, check out my review on the #1 recommended work at home job.
what is the instant money biz?
InstantMoney.Biz is a company that claims to take care of your investment and helps you in getting maximum benefits from your investments. The company invests your money in different revenue avenues and tries to maximize your money. This company became online in the year 2014 and has been around for more than 500 days.
This review will clear all of your doubts and questions about the company and I will also tell you whether it is a scam or not. This company is a High Yield Investment Program and what is this program will be cleared in the review.
how does instant money biz works?
The way this company works is easy enough to understand and I will try to make it even easier. I want you to note that I have collected all this information from their official website and I carefully examined all of it.
Basically, when you join the company they have 3 plans that you could choose from, so let us see what they are.
This plan gives you 300 percent profit on your investment after 1 day. You can invest between 30 dollars to 30,000 dollars and the company claims that it will give you a profit of 300 percent. The company also provides 24/7 support to you.
Let me remind you that these are based on the claims of the company and it is still not guaranteed that these earning potential is possible. Actually, the company has not specified the investment avenues that your money is invested in anywhere on their website.
You can also earn some additional money by the referral system of the program. You will only earn 20% referral commission when your friend or the person you invited will be able to complete their account information and successfully invested an amount of money.
How much does it cost to join?
It does not cost anything to join and you can join this company for free. But for you to start earning, you have to make a deposit through your member’s area. The minimum amount that you can invest is 30 dollars.
How much can I earn?
Let us take an assumption that you joined the program and invested 1000 dollars in Plan A. Let us say everything goes according to plan, you will get 3000 dollars after the expiry of a single day.
If we will take a closer look, it is just too good to be true. Think about what you will get if you invest 30,000 dollars into your account. If you again invest the 30,000 dollars into Plan A then you get 90,000 dollars after one day and if you do it again then you will be super rich in just 2 days. Now that is promising right? But before you get your hopes high and rush to join, continue reading so you will know more about it.
Are there any Complaints?
Yes and I have listed the major concerns about the program below.
earnings is not guaranteed
Even though Instant Money biz promises that you will earn much money from their plans, it is still not guaranteed. The main reason for this is that this company is an HYIP. And all HYIP are fraud.
I think that I can say that all HYIP are scam because I have tried most of them before. For example is the Nano 11. I used to join in this program and they are actually paying. But after like a year of giving payments, they vanished and became completely gone. The good thing is I haven’t loss much money from them but for others, their hard earned money is also gone.
instant money biz is a scam
Now it is judgment time. I have read almost everything on their site and I have reached the conclusion that this is a scam. If you rationally think about it, it is not possible to earn 300 percent or 1000 percent return in just some days. And if there is a legal way of doing so why are not more companies doing it?
Another big indicator that this is a scam is that whenever I visited their site the number of people online, money paid, and everything else was not fluctuating. Where your investment goes is not explained clearly and nor specified anywhere by the company. they just settle for saying that they invest in various revenues avenues.
Now as specified earlier let us see what a High Yield Investment Program is. HYIP is a program that offers very high returns on investment with very low risk and normally in these programs the old investors benefit from the money invested by new investors. It is legal in many countries to invest in these HYIP programs because you are not doing anything illegal yourself but there is no guarantee of earning and you cannot press charges for being scammed either. The company clearly states that it is not responsible for any loss sustained by you. Some people may indeed earn such returns as claimed by the company but some may also lose all their money and end up with nothing. I do not recommend something that may be illegal and I will never advise anyone to invest in this program.
is there other way to earn online?
I know that you want to join in Instant Money Biz because you are hoping that it would help you earn income to pay for your expenses and bills. Unfortunately, this kinds of programs are labeled to be a scam. They already lured so many people inside and took their invested money.
Actually, I was also in the same situation as yours before. I thought that once you invest your money online, you will earn profit immediately. But I am wrong. There is no such thing as easy money.
On the other hand, I didn’t regret knowing these programs. Because of them, I learned about Wealthy Affiliate. It is an online training program that teaches people on how to build their own online business. At first, I was hesitant to join, but then I realized that I have nothing to lose because it is just free to join.
Right now, I am on my sixth month, and I am happy with the results which I want to share with you.
If you have more questions, concerns, or prior experience about Instant Money biz, feel free to comment it below and I would be happy to interact with you.