Cash App Wheel Review: Pyramid Scam! Beware

Cash App Wheel Game  Review: Is cash wheel scam? Can you make $800 from the Cash App wheel scheme? With online scams springing up every day, we have taken the responsibility of reviewing products, stores, websites e.t.c in order to save you from making wrong decisions.

We hope to give a satisfactorily answer to your question

What Is Cash App? How Does It Work

You must have seen tweets by people on Twitter claiming to have made $800 from a Cash wheel game, and this might have piqued your curiosity. You’re probably thinking to give this scheme a try, but the question you should ask yourself before diving in is ‘Is cashApp wheel game really worth your time this period?’

I guess this might be the reason you’re here right now. To find out if you can really cash out $800 from Cash App wheel.

STOP ✋🏾

Do you want to make money from Forex, Commodities, bitcoin & other cryptocurrencies without the risk of trading yourself? Are you tired of investments scams and false promises out there? If yes, we have the best software for you. ETBOT Software is a trading platform that uses artificial intelligence to select highly profitable and low risks trade for its users. Wait for it……this software does this only on YOUR APPROVAL And guess what? It almost never loses. This year so far the ETBOT has made 75% profits for its clients. All you need to do is relax, manage your funds, and let this Super Bot trade for you!Are you interested in upgrading your monthly income? Head over to ETBOT now to get started.

How Cash Wheel App Scheme Work

According to the message flying round the internet, this is how CashApp works

You CashApp the person in the middle of the wheel $100 and get added to the wheel. When 8 people fill up the outer ring of the wheel, that person in the middle gets $800 because 8 people sent them $100. Then the wheel splits up and a new person gets to the middle and the cycle continues until you get to the middle and your’re getting $800. It takes you 3 circles to the middle but you only pay $100 once”.

Sounds quite easy right? Fast way to make an $700 extra. Incredible! The people behind this scheme also emphasize that this game is not a pyramid scheme. And that you would definitely get your money back. That you can also re-enter the wheel as many times as you want.

The Truth About Cash App Wheel

Well, the last time I checked, this is exactly how a pyramid scheme works. According to Attorney Letitia James, a Pyramid scheme is a fraudulent system of making money based on recruiting an ever-increasing number of  “investors.”  The initial promoters recruit  investors, who in turn recruit more investors, and so on. The scheme is called a “pyramid” because at each level, the number of investors increases. The small group of initial promotors at the top require a large base of later investors to support the scheme by providing profits to the earlier investors.

From the definition above, you can see that the Cash App Wheel is definitely a pyramid. Fraudsters frequently promote pyramid schemes through social media, Internet advertising, company websites, group presentations, conference calls, YouTube videos, and other means.

These promoters may go to great lengths to make the program look like a business. But the fraudsters use money paid by new recruits to pay off earlier stage recruits. At some point, the schemes get too big, the promoter cannot raise enough money from new investors to pay earlier investors, and people lose their money.

That is exactly how a pyramid scheme works, and it never lasts long. Why spend your $100 on a deal you’re not 20% certain of?

TOP LEGIT INVESTMENT SITE

You can check out this investment site if you are looking for a legit way to invest and get good returns. CHECK IT OUT HERE

3 comments

  1. There’s nothing scam about it lol I’ve made my money 3xs doing this. Took my funds and invested it into stock market and grew it to 20k…the kicker is I turned the “$300” into 20k. Lol worked well for me few years ago. Now it’s covid-19 and it’s back. It takes some work to get people in, but the people who get it will get others to do the same and it can happen quickly. Took me 2 weeks to make the 2400. Don’t listen to this review. His view doesn’t include trying it, only see things online. Pyramid schemes are only businesses. It’s a pyramid, but not a scheme. I don’t know anyone here so do not hit me up to get in my board. Only work with people I know. Great day everyone.

Leave a Reply

Your email address will not be published. Required fields are marked *