Cashgem Review: Another Phishing Scheme

Is cashgem.co to be trusted? Or is cashgem.co unreliable? Because we are concerned about the financial safety of our readers, we did extensive research and made a review on Cashgem. Please read our review before you decide if you should throw your time and expectation into this platform.

What Is cashgem.co?

Cashgem is a platform claiming to be the number one cashing network, building a network where influencers could promote for advertisers. Therefore, they are the middleman connecting influencers to top corporations. They invite all tom, dick, and harry to come earn money from the comfort of their home, school, or workplace.

Cashgem is located on www.cashgem.co. Cashgem.co has 921,543 registered members, as written on their website. Their contact information is:
Email: [email protected]
Address: Willem Barentszstrant 68, Utreche, Netherlands

How Does cashgem.co Work?

Cashgem invites users to sign up to their platform, share invite links to their friends through social media, and earn money in the process. Cashgem promises its prospective users $30 bonus on signup, and $15 referral commission. They accept the following payment methods: CashApp, Pay Pal, Bitcoin, Venmo, or Mailed Check.

They claim to be sponsored by big brands like Amazon, Taco Bell, McDonalds, Norton, Red Bull, among others. Cash Gem offers three tasks through which its members can earn, and they are:

1. Install their app on your iPhone or Android device, then proceed to leave a review on Apple Store or Google Play.
2. Submit your email address and phone number, and verify the entries afterwards. Once your details have been verified, and the task (which they did not mention) ready, you will receive instructions from them.
3. Take quick surveys about their sponsors and give honest answers.

What We Found about cashgem.co!

Following the breakout of the corona virus, many people have been forced out of their jobs due to the lock down and social distancing. It is understandable that earning remotely would seem attractive to anyone now. Fraudsters have taken to this opportunity to open up platforms promising easy-pay. We have taken the responsibility of guiding our readers through this by carrying out reviews on sites like Cashgem.

The reasons why we believe Cashgem is a scam are:

• Cashgem claims to have been in existence since 2015, but our research shows that their domain name is less than six months old.
• The testimonials and payment proofs on their website are unverified and, therefore, false. Some images they used, if searched on the internet, can be found on other platforms too.
• Their social media links do not work. When clicked, they take you back to the homepage of cashgem.co.
• Some people who participated in the platform’s activities complained about not earning anything in return.

Verdict!

Cashgem.co should be avoided as there is no way to verify what they intend to do with people’s emails and phone numbers. It is possible they could sell the data to spammers.

There are many untrustworthy websites on the internet promising get rich quick options. Most people attracted by these “too good to be true” options from these sites have invested their energy and time expecting payment but received nothing in the end. You do not have to become one of them to learn from their experience. Fact-checking should be a priority before you throw in your time into any online scheme.