Scammers have come up with a clever way to rip off Youtube fans. How to spot the scam.
youtuber.ltd: Trap for Youtube users – this is how the scam works
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The website Watchlist-Internet, which specializes in reports of Internet fraud, warns of a nasty scam on YouTube. There, the creators of youtuber.ltd (Youtuber Cash) lure video fans in by promising them that there would only be money for watching commercials on YouTube.
The website youtuber.ltd allegedly pays 0.60 US dollars or 0.51 euros per minute of advertising viewed to YouTube users who watch the advertising videos. There is also a starter bonus and a bonus if you recommend the site. The website advertises that it would fight fraud. But according to research by Watchlist-Internet, the situation is very different.
There is no money, instead there are always new demands
First of all, it seems to be a pyramid scheme. Participants are urged to get more and more new YouTube users to participate. Each newly recruited person should in turn attract new participants.
But when it comes to paying out, the rude awakening comes, as Watchlist Internet warns. Because youtuber.ltd does not give out the promised money, but asks the participants to recruit more users first. But even if the participants comply, youtuber.ltd continues to stall the users: the money cannot be paid out immediately, but only in one to two months, as Watchlist-Internet writes. Sometimes those responsible at youtuber.ltd even ask the participants to transfer a fee of 50 euros so that the bonuses can be paid out. On top of that, youtuber.ltd seems to want to urge participants to invest in Bitcoin.
Watchlist internet advises
The site youtuber.ltd does not provide any legally required imprint. Only one US mailing address appears at one point on the website. The entire presentation of the website seems dubious at first glance.