Online Pay-Per-Video-View Platform
Is Xopmoney Fake or Real?
Why is Xopmoney Fake?
Xopmoney is a website that claims to pay users for watching videos. The website states that users can get paid $0.6 per video view. Firstly, paying users to watch videos is a form of fraud known as ‘click fraud’. Secondly, the rate being offered by Xopmoney is much higher compared to other sites that are involved in such activities. This is the first sign that Xopmoney may be a scam.
Secondly, Xopmoney has a referral system wherein users are encouraged to recruit others into the platform. Users will supposedly be paid 40% of the earnings of their referrals. Combined with the high payout, Xopmoney’s business model sounds unreal and makes it seem very likely that it is not a legitimate platform.
A domain name lookup of the website shows that it was registered on 24th January 2021. The registrant’s details such as name, location and contact details have been hidden for privacy. Therefore, Xopmoney is a new website that is being operated anonymously.
Even though the domain name has only been registered less than two weeks back, the website footer claims that it has been active since 2007. This is clearly a lie.
The home page contains some testimonials to portray that users have actually been paid on the platform. These are fake and copied as the same can be found on at least 47 websites. The list of sites is given at the end of the article.
There is also a list of payments made to ’employees’ on the home page, once again trying to show that users have legitimately been paid. Not only is this a violation of privacy, but the list can easily be fake as there is no way to verify the payments.
There are no contact details given on the website which means that there is no way to contact the people running the website. There are a few reviews for Xopmoney available on TrustPilot and Scamadviser, all of which are negative. The users have stated that it is a scam as they have not been paid.
One user has also mentioned that they were asked to deposit $15 in Bitcoin to be able to withdraw their earnings. Platforms that ask users to pay before they can be paid are always a scam. This also indicates that Xopmoney may be a Ponzi scheme as they are asking users to recruit more people to earn more.
It seems quite obvious that Xopmoney is a scam. The platform is claiming to pay users for watching videos, which constitutes click fraud. The payout rate they have also mentioned is very high for this kind of work. On top of that, they are claiming to pay users 40% of the payments of the referrals if they get more people to sign up on the platform. This is a sign that Xopmoney may be a Ponzi scheme.
Though the website is less than two weeks old, they are falsely claiming that the platform has been active since 2007. The testimonials on the website are fake too, as the same can be found on at least 47 websites, all of which may be scams.
There are no contact details provided through which the website operators can be contacted. Users have written reviews saying that Xopmoney is a scam as it does not pay. It is also mentioned that users are asked to make a payment using Bitcoin before they can withdraw their earnings. This is a clear sign of a scam as no legitimate company will ask users to pay them for any reason.
It is advisable to avoid signing up on Xopmoney or any of the 46 related websites, as they are all likely to be scams.
Remember: If something seems too good to be true, it probably is.
To read about other Employment Scams, click here.
List of websites similar to Xopmoney
If you have been a victim of an employment scam, you can take the following steps:
- Lodge a complaint at the National Cyber Crime Reporting Portal
- Lodge a complaint with PayTM on Twitter, Customer Care or through the app, UPI app such as Google Pay or the Bank with which the company has an account.
- Report the website to Google using the Suspicious Site Reporter extension for Chrome
- Give a low rating to the website on Web of Trust. You can also install their extension for the same.
- File a complaint with the Indian Consumer Complaints Forum
- Write a review on websites such as MouthShut, Scamadviser and TrustPilot.
- Block all numbers of the scammers on TrueCaller, mentioning the words Fake, Fraud or Scam in the name.
- If the company has a listing on Google My Business or Google Maps, file a complaint using the Business Redressal Complaint Form. Also, leave a negative review explaining what kind of experience you had.
Disclaimer: This review is intended for information only and should not be relied on when making financial or business decisions. If you are a website owner and would like to provide clarifications regarding your business and/or website, please get in touch using the Contact Form.