I have had over a dozen emails in the last week about VineFire. I would like to start out by saying it took me about 15 seconds to go to this site and figure out that VineFire is a scam. Before you get sucked into this scam I would like to go over in details why this site is dishonest, and can not work. Anyone with a good understanding of finances and math would agree with me in an instant.

Resources
VineFire Forum
VineFire Talk

VineFire Overview
The Program launched only about a month ago. On the outside it looks like a Reddit clone, but under it’s outer skin, is the making of a major scam. Like Reddit and Digg, you can post links and rate other links. The site is extremely simplified and doesn’t really have many features at all. If it wasn’t for their earning promises, there would really be no point in using the site since it’s just a collection of spammy links, that people click on thinking they will be paid.

VineFire Payout Promises:
Unlike Digg, and Reddit, Vinefire makes staggering claims about how much money they will pay per action. Here is a run down of all the ways they claim you will earn from using their service:

1. Just Sign up and Get $50 Cash
2. Add a Link Every 30 Seconds, and earn 12 Cents Each
3. Click on a Link and earn 45 Cents Each
4. Click a Featured link and earn 50 Cents each
5. Refer friends to Vinefire and earn 50% of their Earnings

The Maximum amount of money one can earn from Vinefire in any given day is $50.00. You can increase your daily limit to $100 per day if you pay a one time fee of only $5.

Why VineFire is a Scam

- The Math Doesn’t add up:
Yesterday VineFire was ranked in Alexa #3100. According to our estimations, by looking at sites we own and comparing traffic data, that equates to at the very least 30,000 unique visits per day. Now if none of them upgraded, and they all only earn half of the limit whish is $25 per day from clicking and submitting links, referring friends and signing up, that means Vinefire will owe its members on a daily basis $25 X 30,000 = $750,000. Hmm, interesting huh? They must make a ton of money with all that traffic, so can easily pay off that small sum of $750,000 a day, right? Wrong! Not even close. Their only means of revenue is from selling “starred” listings at a one time fee of $10. They also sell upgraded memberships for $5. Now what if all 30,000 members both upgraded their account and purchased the right to add stars next to their Vinefire links? That’s $15 X 30,000 or a one time fee totaling $450,000.

-Will not Pay out till January 2010:
So they claim, they won’t be paying out anything until Jan 2010. That is exactly 235 days away. Since they have an estimated outstanding expense of $750,000 per day, according to the math above, that means by January 1st they will owe over $176,250,000. This is all with revenues of only $450,000 at very best. Clearly, not even close to being a profitable business, unless of course they never pay anyone a dime.

How Will VineFire Owners benefit from the scam?
As we figured out above, They may take in approximately $450,000 from Upgraded members and purchased “star” upgrades. This is all profit besides their cheap server costs if they do decide to run off come January, which I am 100% certain they will. In addition they are likely making a small amount of money via the affiliate links they use for “featured links”.

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We have been getting dozens of emails from people this morning as well as throughout the week asking if we knew whether an internet money making program called Megalido was or was not a scam.

For those who don’t know, Megalido is an Autosurf which offers to pay its upgraded members 12% daily for 12 days for a total return of 44% plus initial investment. They claim to be about to earn these huge returns via ad sales, but many people have speculated that Megalido is in fact a ponzi scam. Why the sudden increase in people questioning this autosurfs legitimacy? Because they have seemingly stopped paying out on time. Here are two links to Thread at Talkgold and Moneymakergroup showing the increase in Megalido problems:

Talkgold’s MegaLido Forum
MMG’s MegaLido Forum

We are here to make judgements on these investment programs, however from the vast number of complaints we have seen on rating sites and forums alike, most liek this one below:

I changed my password back on 11/5/08. Since then i have not been able to sign in.numerous emails sent to admin with no response.id # is 9582. What a scam megalido turned out to be. I have lost $300.00!

I am willing to bet that we may have seen the end of MegaLido.

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Apparently a spam email is going around telling people to immediately goto creditunion1secure.com and update their account for security purposes. Note, that this is a fraudulent site and is not owned by credit union 1. This site is a scam. Whatever you do, do not enter any of your account details at this page. Creditunion1secure.com has been labeled as a phishing site.

The following text is on the page located at Creditunion1secure.com:

New Security Feature

he protection of your financial information and the security of your online transactions are very important to us. We have added a new security feature. This new security feature will help protect you from fraudulent online activities like phishing, ID theft, and spoofed web sites. Everyone enrolled in Online Express is required to enroll. Follow the instructions on each screen to complete this one-time enrollment.

Where is the Password box?

The Password box will appear on the next screen. This is another change we’ve applied to enhance your security

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If you are searching for kaylaweb, located at kaylaweb.com then you most likely are doing so because you got a message on Myspace trying to get you to goto their site. I’m guessing that whoever sent you a Myspace message told you that someone put your pictures up on kaylaweb. They then link you to the site, which charges $1 to verify your age. After you pay the dollar you find out that no one really put your pics up there. I know, you say, $1, someone is trying to scam me for $1? Yep, realize there are millions of people that use Myspace, and if just a fraction of them fall for this lowly scam, the scammer will walk away several thousands of dollars richer.


Anyway, I hope this blog post will save at least a few people from throwing a buck away to a lowly Myspace Spammer/Scammer. Remember, kaylaweb.com does not have your pictures on it, it is a lie.

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