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Thursday

Need Money: Google ATM Scam

First there was Google Supervisor or Google SEO Supervisor and then the renamed version of the same product, Google Home Business Kit and now I receive a new spin on the same old song.

This time it is Google ATM - yet another scam.

Up front: Google ATM and all of the other products listed above - are not owned, licensed or developed by Google.

The pitch: Place small text ads on Google and start receiving checks from Google. The checks range from 1500.00 to 5000.00 a month.

Sounds easy right?

Wrong. The concept outlined is "small text ads" - that describes a Google product known as Google AdWords. You have to create and pay for those ads, (they are not free) and are charged each time someone clicks on one of your ads. If you make a mistake, such as putting your ad on too many websites, your monthly ad bill can go into the thousands of dollars in no time at all.

The second concept is that Google sends you checks - Google only sends checks as part of the Google AdSense advertising program. Google AdSense is a great way to make money online. Sign up for AdSense, put some code on your website and everytime someone clicks on one of the ads, you make a few cents. Most publishers report making one or two dollars a day with AdSense. AdSense is an incremental and scalable form of online income which depends upon lots of targeted traffic.

No follow along with how this system works.

You pay for an AdWords ad campaign. Searchers clicking your AdWords ads are directed to your AdSense enabled page. You "hope" enough stick around long enough to read your web page and click on your ads which in turn will pay you more money than it cost to send them to the page in the first place.

This is called the methodology is called the arbitrage model. It "can" work, but there are lots of hoops and rings to jump through and can fall flat on its face if done wrong. In most worse case scenarios, you make no money at all and end up spending a fortune.

If you still are wowed by Google ATM, let me invite you to read the small print. The product claims it is only 1.95 to start (some ads say 2.95 or other amounts). Even the ad copy says "1.95 is hardly anything for the chance to make thousands of dollars a month".

But let's read that small print:

By submitting this form I authorize Google ATM (DRI*GoogleATM) to immediately charge my credit card $2.95 USD for the setup of the Google ATM Home Business Kit

BUT THEN..

I hereby request that Google ATM (DRI*GoogleATM) activate my account and authorize them to advance funds as indicated. Monthly Service fees will commence seven days from the date of this purchase, and will be billed monthly thereafter. After the seven day trial you will be billed Sixty nine dollars and ninety cents USD monthly for the continued access to the Google Money Making System.

Zoiks! That price just went to 69.99 a month (!!!) for access to the Google ATM system. But wait! There's more..

No refunds will be given for failure to use the requested and provided services. We reserve the right to transfer your billing to a third party Merchant of Record. This authority will remain in effect until revoked by me.

That means once you sign up, they get to keep you as long as they want. Unless you send a snail mail to an address listed in the terms and ask for cancellation of service. Note: You will not get a refund for any reason what so ever!

Don't call your credit card company and reverse the charges..

All charge backs and reversals are treated as potential cases of fraudulent use of our services and/or theft of services.

Ugly.

Here is some advice: Don't sign up for Google ATM unless you have money to burn or are a glutton for financial punishment.

Instead, go to Google and search for Adsense arbitrage. There is plenty of free information on how to do make money with AdSense. Besides, you can use free services like Blogger and AdSense to make some extra money. Remember, Google ATM is just another scam.

This site does not sell the products in question here. If you purchased this product and would like a refund or have questions about the product, please return to the website you purchased the product from and read the Terms of Service for company contact information. Need Money Blog does not sell this product and has no affiliation with the company but is an informational site only.

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