What is Unionpaid? Is Unionpaid Scam or Legit?
Unionpaid.com Scam Alert! Unionpaid review. Either is Unionpaid.com a scam or a legit?
Sites like Unionpaid will pay at starting to few members in order to show the payment proofs so that they can lure more people into their scheme but at last either will stop paying or just delete all the system and restart again due to which lots of members will lose the money. These kinds of businesses are not legal and legal authorities have already issued a warning to stay away from these kinds of sites. Involving in these kinds of sites is a crime.
We don’t deny that Unionpaid has paid to few members. But, definitely, we don’t recommend it because of its business nature which is illegal and unsustainable. That’s why we have listed Unionpaid within our Bad and Scams category.
Well, let’s continue with our Unionpaid.com review as below in order to find out more about Unionpaid.
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Why is Unionpaid a scam, a fraud?
Sites like Unionpaid are not a new thing. You can find plenty of similar kinds of sites with an exact same business format. None of those sites have sustained and they have always turned into a scam by scamming lots of money of members. Some of those sites even managed to run for a long time but also they have always done debt swap or something similar due to which from time to time members has lost money in the middle.
These kinds of sites always rely on new members. They never have any real source of income although they say they are an advertising platform, their advertisement quality is very bad. We never recommend anyone to purchase Adpacks in these kinds of sites to advertise their products or services. This kind of site is not a good place to advertise because only those will view your ads on this site who want to make money from the purchase of those Adpacks. So, they are never interested to view those ads and you will not get any good sales or signups form these kinds of advertisements.
Although these sites claim their source of income is from advertisements but if you check out their business model then you will find out only those will purchase the ads in these kinds of sites who want to make money from those Adpacks. So, there is not any additional income from Adpacks which means it will pay one member using the money invested by other members. It claims to pay back up to 159% profit but it doesn’t have any additional income source to generate that 59% profit. So, these kinds of sites are in reality a Ponzi scheme with the face of revenue sharing scheme. These kinds of business models are already declared as an illegal business model by legal authorities. So, it is better you stay away from these kinds of sites otherwise you will lose your time and investment both in the end.
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Now you must be clear that Unionpaid is a scam. So, if you want to share this Union Paid review with your friends and families through your social media accounts to make them aware of this Union Paid scam, then please feel free to do so:-
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