Is Cash Formula a Scam? Red Flags Everywhere! REVIEW
The owners of Cash Formula are trying to convince you to buy a done-for-you system that can possibly earn you $5,000 in less than $24 hours.
I know you think this is probably too good to be true and just want a confirmation of that.
You want more details because these guys are charging $37 without giving you any information about what you will be doing, and how this system makes money.
Is Cash Formula a Scam or legit opportunity?
Read this carefully and make an informed decision.
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Cash Formula Review
- Name: Cash Formula
- Website: cashformula.co
- Price: $37 + Upsells
- Founder: Unknown
- Overall Rating: 5/100
- Recommended? No
Don’t Fall for The Hype
One of the most common red flags to identify a scam or a poor quality digital product is the hype.
Michael, the owner, starts his video presentation by claiming Cash Formula is the first done for you free money system that has turned 52 people into millionaires in the last 90 days.
He is inviting only 7 people who will possibly earn $5,000 within 24 hours and $100,000 within just 30 days!
Pay attention to the word “possibly”.
The site has been running for months now, and he hasn’t found the 7 lucky ones yet? Strange…
Look, I understand you may be in a delicate and stressful financial situation. I have been in your shoes before!
But here is my best advice:
Don’t fall for the hype and pay 37 bucks in hopes you will start making money fast with this system. You won’t!
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What is Cash Formula?
Cash Formula is a get-rich-quick type of product for sale in the Clickbank marketplace.
I have recently reviewed a very similar program called Million Dollar Replicator, which promises you will become a millionaire in just 30 days.
Unfortunately, numerous copycats are preying on people’s lack of knowledge about how the internet works.
It’s all the same story!
They claim everything is done for you, so all it takes is just a few clicks you will be making a ton of money in less than 24 hours.
However, they will never explain the system for you unless you give them your hard earned money.
Well, the truth is part of the process of building an online business is done for you, but not the hardest part of attracting potential customers.
Pros and Cons
- It provides some value to build an internet business.
- There is a money-back guarantee.
- Unrealistic income claims – No evidence provided.
- It omits key information – They don’t explain what you are purchasing.
- The owner is hiding behind the photograph of another person.
- Fake testimonials.
- Expensive upsells.
There Are Many Red Flags!
Cash Formula has many red flags, which are typical of get-rich-quick scams.
Flag #1 – Unrealistic Income Claims
Cash Formula give people the false idea that it’s possible to earn $5,000 in 24 hours without hard work.
Unfortunately, no program or system will do all the hard work to generate this level of income.
This is the most severe red flag for me because there are people who will purchase this product and not make a single cent!
Read the disclaimer page where it says:
Every effort has been made to accurately represent this product and it’s potential. Even though this industry is one of the few where one can write their own check in terms of earnings, there is no guarantee that you will earn any money using the techniques and ideas in this product.
Flag #2 – Scarcity Tactic
False scarcity is a widespread tactic used by dubious digital products to entice people to buy on impulse.
Cash Formula claims there are only 7 spots available, which is a lie!
The website cashformula.co was registered in October 2018 and will always accept new customers.
The more memberships they sell, the more money they will make.
Flag #3 – Anonymous Owner
If you watched the video, you discovered that the creator of Cash Formula is this guy called Michael.
I copied his photo and did a quick search on Tineye.com, which showed me that the picture is available on Freepick.com, a free stock photography website.
Here is the proof:
So, it’s clear to me Cash Formula is trying to hide the true identity of the owner, which suggests he is not proud of what he is selling.
Flag #4 – Fake testimonials
Another common tactic is the use of fake testimonials.
If the system worked, the millionaires would be more than glad to provide a real testimonial to show the world how awesome the Cash Formula System is.
But the truth is that all the people you see on the video are actors hired from freelance platforms like Fiverr.
Here is the proof:
The fronted product costs $37, but after you place the order there will be multiple upsells that amounts to hundreds of dollars.
These upsells are supposed to help you maximise your profits. But again, there are no guarantees, and they won’t eliminate the hard work required.
Conclusion – Is Cash Formula a Scam?
Although Cash Formula has all the ingredients, I don’t think I can call it a scam.
The reason is that it provides some value and a 30-day money guarantee.
So, if you are not happy with the product, you can ask for a refund.
However, the site makes unrealistic income claims and make you believe that 100% of the work is already done.
No. That’s not true!
As I said, you will need to attract customers to your internet business, which takes time, effort, and even money if you prefer paid traffic methods.
Verdict: Not Recommended
How I Make Money Online
In 2015, I discover the proper way to build a website and make money as an affiliate marketer.
I am now making over $1,000 per month, which is enough to cover all my living costs in London.
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I hope my Cash Formula review was helpful to you. If you have any questions, just let me know in the comment section below.
Stay safe and peace out!