Fordrentals-vip.com is a website that claims to be paying users extra money when they buy one of the investment products or packages on the site. The ROI or interest gets credited to the so called investor every 24 hours and can be withdrawn when the user hits the withdrawal threshold. The platform is new, so there are numerous publications and advertorials about it on social media, but the truth is, it’s a ponzi scheme with a high likelihood of scamming users eventually.
In this article, we will be having a deep look at all there is to know about fordrentals-vip, the earning methods as well as my take on its legitimacy in order to provide you with an idea of what to expect from a platform like this. Without wasting time, let’s dive right into the topic of the day.
What is Fordrentals-vip, & How Does It Work?
Fordrentals-vip is a investment based website where users earn extra money by purchasing or buying one of the investment packages. The rewards structure is designed in such a way that, anyone who activates one of the plans will receive an instant profit upon activation and then keep receiving more money every 24 hours till the expiration date of the plan.
As an investment based website, there is really nothing going on, you just have to deposit your own money, buy one of the packages to unlock access to the various features available on the site, such as the withdrawal feature and also, get to earn from your referrals. There is another interesting feature on the site, known as Gift code — the administrators drop gift codes for users every 6pm and if you are lucky to get the code, you apply it to get extra rewards.
Earning Methods
The main two ways of earning on Ford as they call themselves is,
1. Buying a Package or Investment Plan :- there are several plans to buy on the site to earn extra money and the amount needed to buy ranges from 3,000 naira to 20,000 naira. There are many other plans but most of the high ranking ones are yet to be fully released for users to buy. At the moment, you can only for the affordable plans and you earn an instant reward upon activation of the plan and also, earn more on a daily basis.
You can find the plans by clicking on products after you’ve created an account and logged into your dashboard. There you will see the list of products to choose from. If you have already deposited, simply click on one of them to buy. Then you start earning on a daily basis.
2. Referrals :- when you refer others to fordrentals-vip, you also earn some money. There is a 20% commission from each direct referral you bring to the site and there are other rewards for referring. You earn 3% from your second level referrals and 2% from the third level.
Therefore, the referral program extends beyond the first level, you keep earning if your referrals build their own teams. But the main downside associated with referring people to sites like this, is if things should go south, the referrals will hold you accountable especially if you don’t explain the risks and benefits attached to participating.
3. Gift Code :- the administrators release gift codes every evening by 6pm and if you are lucky and fast enough to get the gift code, you will be able to claim some free bonus directly to your balance. This is an added advantage and way to earn money on fordrentals-vip. But it’s just a secondary source of income on the platform, meaning it’s just an added income stream.
Verdict — What Fordrentals-vip Truly Is!
Fordrentals-vip is a ponzi scheme/scam with an eventual intention to defraud users. The high earnings structure is a ploy to get users to create an account and deposit high amounts; a common trick used by ponzi administrators to get greedy individuals to spend a lot of money in the bid to earn back good money only to lose everything.
They claim users earn 750 naira on a daily basis after spending 3,000 naira to buy their minimum product which is highly unrealistic in every sense of the word because it’s just a matter of time before they start finding it difficult to pay the extra rewards then everything crashes, the deposits get lost and the site varnishes.
It’s a common and inevitable end for most ponzi schemes and fordrentals-vip is no different. Their referral bonus and the earning structure is too high to be realistic and as such, the few persons that could earn some extra money are the very early birds.
The monies of those who may join at a later date will be used to settle the withdrawals of the early birds. Therefore, you should know the site for what it truly is, a ponzi scam that will certainly crash with people’s money as time goes on. At least bearing this in mind might help mitigate the risks you take.
Is fordrentals-vip Legit?
By virtue of being a ponzi scheme, it’s crystal clear that fordrentals-vip.com is not legit. It might be paying at the time of writing this article but this status will change soon enough and users who joined at a later date will have themselves to blame.
There is nothing legit about the platform, it’s designed in a Hit-and-run manner — meaning there is higher chances of crashing within a short while. A word of advice from me though — if you must participate, ensure you’ve done due diligence i.e. You have done your research and also, understand the risks associated with joining earning sites like this, then finally, participate with money you can afford to lose.
Judging from the registration bonus of 500 naira being given to users, there is higher chance of earning money without losing alot if you stick to the minimum investment plan of 3,000 naira. Reason is, you get the first profit instantly and with the low withdrawal threshold, you can make a withdrawal asap, lowering your stakes on the platform.
The risk you shouldn’t take is, recharging a higher amount and buying a more expensive product because, that would increase your stake on the platform and make you stand a higher risk of losing more money. So it’s in your own interest to only participate with money that’s not important to you because it’s more like an unwise risk than an “investment”.
If you don’t have money to spare, then steer clear of fordrentals-vip. There is no known owner or individual to run to when things go the wrong way. The site is a designed on a cheap domain name, meaning it can crash and varnish at anytime. Don’t risk your hard earned money on a site that could varnish the next second.
Conclusion
Fordrentals-vip.com is a ponzi scheme and all such sites have an inevitable end as we’ve always maintained. If possible, don’t join at all. Disregard the various payment proofs you see on social media — they are mostly shared by the administrators or people who are just looking for referrals. It doesn’t in any way reflect anything positive about the platform. So you either take our advice or go ahead and take the risk.
Thanks, share and do well to join us on telegram and WhatsApp for more interesting reviews and updates.
About Author
Join Our WhatsApp Channel