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Is Moneyman Africa Legit or Scam? Authentic Review

Sagicam Moneyman Africa or Money Man Cameroon founded by Sagicam in August 2021, is an online pay-to-click system that promises Cameroonians huge profits if they invest their hard-earned income into the system.

Today, we are going to review Moneyman Africa or MoneyMan Cameroon founded by Sagicam as to whether it is legit or a scam. As you read along, do us a favor by sharing this article with your loved ones who may also be interested. Thank you.

When you register on a lot of PTC sites, click the required ads every day, and get hundreds of referrals you can start earning hundreds or even thousands of dollars. Moneyman Africa which is our target for today doesn’t have a referral limit so the possibilities are endless. 

Introduction to Moneyman Africa Paid-To-Click (PTC)

Is Moneyman Africa Legit or Scam?

Moneyman Africa makes money by selling advertising space on its platform. The Moneyman Africa PTC system allows advertisers to reach millions of potential customers and entice consumers to join in by paying them to view the ads through a paid-to-click (PTC) scheme.

WARNING: As of June 2022, Moneyman Africa is no longer a trusted platform to invest in as numerous claims of scam and fraud have been detected through the system. Their official website is not secured with a secured SSL certificate.

If you are an existing user, you are encouraged to withdraw all your funds from their website else it will end in tears. Do not enter your credit card information.

What is Paid-To-Click (PTC) online business?

Paid To Click initially is an online business model that draws online traffic from people aiming to earn money from home. Paid To Click, or simply PTC websites, act as a middleman between advertisers and consumers; the advertiser pays for displaying ads on PTC websites and a part of this payment goes to the viewer when he views the advertisement. 

The key to making money with PTCs is referrals – people that sign up under you using your link. Each referral gets you at least a 10% commission of his or her earnings.

RISKY: Getting paid to click on online ads may sound like an easy way to make money but can also lose money. Online paid-to-click (PTC) programs often promise investors a share of the program’s profits to pay an upfront fee or buy products. 

What is Moneyman Africa or Moneyman Cameroon?

Is Moneyman Africa Legit or Scam?

With Moneyman Africa you earn money by clicking on ads daily. Moneyman Africa is comprised of 6 subscriptions, with each package giving its users a certain amount of clicks per day depending on the plan you are subscribed to. Each plan is valid for a month.

How Does Sagicam Moneyman Africa Work?

The key to making money with Moneyman Africa is not by viewing/clicking on ads and through referrals (down liners) – people that sign up under you using your link. Each referral gets you at least a 10% commission of his or her plan activation.

All Accounts and Subscriptions are valid for a month. The phone number in your account is used to send payments to you. So it’s your responsibility to make sure it’s valid and it must bear your name. Having an MTN mobile money number with a different name other than what appears in your account will lead to a suspension of your account.

Is Moneyman Africa Legit or Scam?

For each click or new user, your wallet balance tops up instantly and you can request to withdraw your money anytime through Momo.

The Moneyman Africa Claims and Ideology

Moneyman Africa claims you can share its profits if you buy “ad packs” or other advertising products. Moneyman Africa PTC program also claims that it does not make sense to call a company that has a physical location and that pays tax to the government a scam. Inside this moneyman, we have government agents and secret services as users.

They further claim to have 7 magistrates, 2 Divisional officers, 15 lieutenants, 21 commissioners, 17 lawyers, and hundreds of policemen, registered in their PTC program.- MoneyMan New Site Updates

Is Moneyman Africa Legit or Scam?

Before purchasing a membership or any advertising product from a PTC program, be aware that some PTC programs may be scams. Don’t let your guard down just because a PTC program claims it is not an investment scheme. Like Chymall, Moneyman Cameroon is a Ponzi scheme where money from new investors is used to pay fake “profits” to earlier investors. 

Is MoneyMan Cameroon Legit or Scam?

According to multiple reviews, Moneyman Cameroon is a scam and is not legit.

Moneyman Africa Ponzi Scheme Red Flags

The following red flags are all present in the Moneyman Africa Ponzi scheme:

  • Easy money. Be skeptical if you are offered high returns for merely purchasing products or for trivial tasks such as clicking on a certain number of online ads each day. Any investment opportunity that sounds too good to be true probably is.
  • Required upfront payments. Be wary if you are asked to pay money upfront to participate in a PTC program, even if it’s supposedly for a membership plan or product purchase. Why would a company require you to pay a membership fee or buy a product for the “opportunity” to click on ads?
  • No revenue from genuine products or services. Ask to see documents, such as financial statements audited by a certified public accountant, showing that the PTC program generates actual revenue from selling products or services. If the PTC program has no payment from customers other than its own members, any returns you receive are likely from other investors’ buy-in fees. Moneyman has not been able to show this.
  • Withdrawal problems. If you have trouble withdrawing your money or are required to reinvest your profits, it may be because there is not enough money coming in from new investors to cover earlier investors’ withdrawal requests.
  • Provocative Communiques: As the population raises more and more red flags, Moneyman in return prefers to add salt to their wounds.

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