Is Club Cash Fund A Scam? Stalvey’s New Ponzi Scheme?!
Welcome to my Club Cash Fund Review!
Is Club Cash Fund a scam? Before we answer that, can I ask another question first? Would you trust someone again after a series of betrayals? Probably. No. We’re uncertain, right?
This is the problem with this company. Whoever runs it, he failed to realize that money comes after he successfully welcomes his clients. If they land on your site, you have a user-friendly website. If they want to sign-up, you give them convenience.
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The more you provide a good feeling to the users, they eventually become convinced to purchase whatever you offer to them. Be it a paid program or a free ebook. It doesn’t matter.
Regardless, this company fails to do all that. And you will find out why.
Are you ready? Let’s dive into the post. Shall we?
Club Cash Fund Review - Quick Summary
Name: Club Cash Fund
Founder: Chad Stalvey (formerly known as John Stalvey in his old schemes)
Type: Fraud Gifting Scheme
Price: $80 sign-up fee
Best for: Nobody.
Summary: Club Cash Fund is a fraud gifting scheme that its company heavily relies on the $100 fees from its affiliates to pay another affiliate. In the sense, it could be considered as a Ponzi scheme because of its compensation nature. Also, its founder, Chad Stalvey, has quite a record for various schemes in the past.
Is Club Cash Fund Recommended? No. It’s best to stay away from this kind of business opportunity. Otherwise, you’re only losing money because you don’t see real returns from your investment other than the ones you receive from affiliate fees.
What Is Club Cash Fund?
Club Cash Fund is a good example of a pyramid scheme if we were to refer to the guidelines published by the Federal Trade Commission. Why? There are several red flags you need to watch out for.
But before that, let me introduce the company and its history to know where Club Cash Fund was idealized. In 2018, a guy named Chad Stalvey established this gifting scheme in the form of an affiliate marketing strategy.
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As most shady affiliate programs out there, they don’t have real products to promote. What you’re doing all the time is to search for new affiliates and sell memberships. That’s all.
Based on the structure, it reminded me of another business opportunity that has similarities with the Club Cash Fund named Unison Wealth.
Like the former, it relies on the membership fees to keep the income growing to fool affiliates who earn money. But the truth is that the income was taken from the pockets of other affiliates.
Another thing you have to watch out for is the non-existence of real products or reliable programs that work. Even if it won't work for everybody, the fact you have an existent product to promote matters most.
What happens in most pyramid scheme opportunities is giving you an attractive offer as an affiliate. Some call them partners or members.
Whatever you call them, you all are in the same trap. But they give their promises with a logical basis: the product.
Typically, affiliates believe they’re making money by simply inviting people across social media, including your friends and family to an opportunity that doesn’t exist.
For example, Unison Wealth uses outdated PLR products for the sake of having products. But there’s no value at all.
Overall, you will not gain anything when you join this business opportunity. In Club Cash Fund, you’re not growing, you’re stuck, and you’re frustrated.
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Who Is Club Cash Fund For?
Honestly, this opportunity brings you no good.
If you intend to join Club Cash Fund to become an affiliate, you’re on the wrong track. As I mentioned earlier, nobody could recommend this company as a good idea because of its bad history.
Its founder, formerly known as John-turned-Chad Stalvey, has quite a history in fraud. In addition to that, there’s no real product to sell. No Stalvey’s program could be seen on the page. This has been his move since he started his “game.”
Back in 2010, he was first known for his GiveOpp and Numis Network, which appears to be a multi-level marketing company that's concentrated on providing resources for communities, such as sustainable agriculture, water resources, and social well-being.
Sounds great, right?
But, hold your horses, my friend. There's more.
His first attempt with Shannon Tice Lavenia was a big flop. So, they changed its mission to simply "an active catalyst for cultural change." It sounds ambitious but it was toned down from its original plan.
The funny thing is that their vision opposes its audience's response. According to the complainant, it sounds like a Scientology travel scam. So, in general, GiveOpp was abandoned.
Then, in 2014, he founded Infinite Leverage System, which focuses on a streamlined marketing system, collapsed after its discovery. In 2015, he did a reboot launch of his former scheme called Traffic Authority.
Fast forward to the present, he launched Club Cash Fund which could be probably his masterpiece. A combination of his previous failures and perhaps perfected his scheming strategy to play with the FTC and its potential victims.
Overall, it’s best to stay away from Club Cash Fund and search for other opportunities to make money online.
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Pros & Cons of Club Cash Fund
At this point, it’s hard to determine the good side of the Club Cash Fund because of its overwhelming number of negative reviews from its victims and other reviewers.
Because of that, it’s hard to know the positive results when you opt to join the company as one of its affiliates. Here are the reasons why we ended up with this judgment.
1. A Ponzi Scheme
If you take a closer look at their business model, you would immediately tell it’s a pyramid scheme. Why?
As I pointed out earlier, the Club Cash Fund doesn’t have any programs to sell or products to promote for its affiliates. What its affiliates are supposed to do is to sell memberships.
And it’s allegedly employing scheming tactics by collecting fees from other affiliates to pay another affiliate. If you receive something from the Club Cash Fund, you already know where it came from.
The money keeps rolling that way, instead of the other way around, which is the legal thing.
2. No Real Products
Aside from the memberships, Club Cash Fund has no product. Its affiliates merely sell nothing and simply invite people to sign-up and pay for the membership. The payment then goes to other affiliates to pay them.
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This is why it’s considered a Ponzi scheme. There’s no doubt about that.
3. Heavily Relies On Memberships
Concerning my previous point, Club Cash Fund relies on memberships to keep the money coming and pay other affiliates. No training has been provided or information about what exactly they are offering.
Aside from that, the affiliates don’t know anything about the company because it’s not been disclosed as well. According to BehindMLM, you wouldn’t get access to the website if you go to its direct link.
What you can do to access the page is when someone invites you with an affiliate link. Other than that, you will never know what Club Cash Fund is all about and what it does to help other people. Nothing.
4. CEO's Bad History In Pyramid Schemes
As I mentioned earlier, Chad Stalvey has been in numerous pyramid schemes since he jumped into this industry in 2010.
His business models are pretty similar, though, at one point, he’s engaged with a sort of multi-level marketing company that also failed.
5. No Business Growth
The point of joining business opportunities is for you to grow as an aspiring entrepreneur. If Club Cash Fund were a legitimate one, it could have promoted growth among its affiliates.
After reviewing a lot of companies over more than one year, each MLM or an affiliate program, for example, has its own set of beliefs, goals, vision, or mission each member should understand and apply.
However, in Club Cash Fund, you don’t have any idea what this business is all about and its compensation structure. As I said, if you weren’t invited by any of its affiliates, you will not stand a chance and join the company, which is a good thing to keep your safety.
6. No BBB Profile
If you have been following most of my reviews, you will notice that I emphasize the importance of having a profile on the Better Business Bureau (BBB). Why?
Most scams don’t have one. If there are, it’s probably an impostor like Survey Junkies, who completely copied the business and tried to mislead its users from the real Survey Junkie.
Another good example is the Crowd Rising, which is also a gifting scheme. For only $20 as a sign-up fee, you will do the same as Club Cash Fund wants you to do, selling memberships.
Is Club Cash Fund a Scam?
Given the reasons to doubt Club Cash Fund, there’s no reason to believe that you can make a lucrative source of income from this kind of opportunity.
Of course, you can make a lot of money as an affiliate marketer only if you do the right thing. If you grab your FREE copy of the Ultimate Make Money Online Guide, you will understand what I’m talking about.
Club Cash Fund only wants your money and tries to rip you off. You got hooked with its cheap sign-up fee believing it’s a good business idea to try.
Little did you know that you’re merely selling useless memberships, leaving you off the track of what an affiliate is supposed to be doing.
With that said, it’s best to skip the Club Cash Fund from your business options. It’s best to stay safe in the public domain unless you want problems.
Conclusion - Is Club Cash Fund Worth It?
No. Club Cash Fund is not going to be worth your time, effort, and money. Whereas making an income from a legal way, you’re forced to sell memberships to other people in hopes of getting your returns.
But as the consumers get smarter every single day, it’s hard to fool users around as it was before. More people have become aware of Ponzi schemes, trying to stay away from these kinds of opportunities.
Because of that, it’s difficult to promote something you don’t believe and something unreal in the first place. I bet when you signed up for this, you don’t know much about Club Cash Fund.
You don’t know its background and its history, the basic information needed not only to prove its legitimacy but to show a connection with its potential affiliates. There’s none to show you.
The website is not user-friendly and not open for all. It’s an inclusive opportunity only affiliates and their referrals can only access the page. If you were to ask me, what could be disclosed as soon as you sign-up?
Many sources mentioned there’s nothing valuable in Stalvey’s business model. You don’t grow as an affiliate, who’s also considered an entrepreneur. You have no idea where you’re heading as a Club Cash Fund affiliate. You’re getting desperate.
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Now that I shared my thoughts on my “Is Club Cash Fund A Scam?” post, it’s time to turn the table and ask about your experience, in general.
What kinds of experiences do you have with making money with the Club Cash Fund? Is it worth your time, money, and effort?
Do you prefer to begin earning your first passive income through affiliate marketing or you instead invest your time, money, and effort into income-generating opportunities like this?
Let me know in the comments below! 🙂
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