Affiliate Shares – affiliate-shares.com
December 5, 2008
Filed under Company or Business, Websites
This is a website that claims to be a Passive Income Builder. You invest or purchase shares for $25 each. Then they use the investor funds to pay for advertising for Affiliate Programs, like forex and MLM programs. The programs they advertise for pay them for the advertising and also commissions for any sales or purchases made from those ads. Then this Affiliate money is divided up among the investors or purchasers as income.
I thought it sound good and purchased 1 share just to check it out. At first my account did wonderfully and within 10 days my $25 had netted me over $14,000. Admin was wonderful, sent out e-mail updates almost daily, and responded to any support tickets within 24 hours. But then I put in a request to withdraw a portion of those funds and so did a lot of folks I knew who had joined the program. Then the e-mail updates stopped coming for over a month. The support tickets weren’t being responded to at all. The money did not get paid within the 4-5 weeks promised on the website.
It has now been almost 9 weeks since I put in my request for withdrawal. The e-mails have started coming out again, about 2 per week, but they are no longer updates on the program but instead are advertisements for other programs. The withdrawals are still not being paid (despite the program sending out an e-mail promising all withdrawals would be paid before Thanksgiving) and support tickets are still ignored.
STAY AWAY FROM THIS ONE!
This post was submitted by Jennifer Hale.
The above comment made by jennifer hale is absolutely true…….There are many,many of us all in this same program who honestly got into this program and believed what they said on the website…….This is a money scheming scam………and yet they continue to operate …and send out e-mails for us to join OTHER programs that they are promoting.
come on folks…..lets drive them out of business or get them to pay us as tey promised.
shirley Whitney
The early e-mails we received from this company were signed by a R. Sherman (Administrator) but more recent ones (from the same e-mail accounts) have been signed by Richard (Your Upline). I believe that Richard and R. Sherman are the same person.
The e-mails that we receive for the most part are encouraging us to join programs run by Nick Marks and Darren Salkeld. Now I don’t know if these gentlemen are involved with the running of Affiliate Shares or not or if they even realize they are in business with a scammer like Richard Sherman, but it makes me pause and think twice about joining their programs.
Here is the physical address for Affiliate Shares that is on the bottom of every e-mail they send out: 8345 NW 66th St #2616, Miami, FL 33166, USA.
Jenni
I put in for a withdrawal about two months ago and have not recieved any
thing. I put in a support ticket about three weeks ago and haven’t got a
answer. I have got a lot of emails from them trying to sell me other
peoples products. I think its time they did something.
James
And….now… as of yesterday… you can’t even get an email through to their support page. (they have disabled it) Interesting… I have emailed the Affliate Support email address that sends out all the advertising to us….they respond back… “Due to overwhelming response, you must send a ticket through our support ticket site”… blah blah blah…
Scammed again…. when will I learn! UGH!
Christine, it isn’t that we are foolish, although some might say we are. We are simply hopeful that some day we will find a program that actually delivers what it promises. I will be a little more careful in the future, but I will keep trying. If I give up trying then I will lose hope and that is something I don’t want to do. I just want to find one program that doesn’t promise the moon and stars but does actually deliver on its promises as long as I am willing to put in the effort. I am not necessarily looking for something for nothing, but something period.
There is a second e-mail address that some of their advertisements have come from. I have been e-mailing both daily but have received no response. I am now contacting the State Attorney General’s Office both in my home state of AL and in Florida since that is the address at the bottom of their e-mails. I am going to submit everything I have on Affiliate Shares and see if there is anything the AG can do to help us/ If nothing else, hopefully they can help to keep these jerks from scamming anyone else.
That is also the reason I started posting these scam alerts everywhere I could find to do so.
Christine, it isn’t that we are foolish, although some might say we are. We are simply hopeful that some day we will find a program that actually delivers what it promises. I will be a little more careful in the future, but I will keep trying. If I give up trying then I will lose hope and that is something I don’t want to do. I just want to find one program that doesn’t promise the moon and stars but does actually deliver on its promises as long as I am willing to put in the effort. I am not necessarily looking for something for nothing, but something period.
There is a second e-mail address that some of their advertisements have come from. I have been e-mailing both daily but have received no response. I am now contacting the State Attorney General’s Office both in my home state of AL and in Florida since that is the address at the bottom of their e-mails. I am going to submit everything I have on Affiliate Shares and see if there is anything the AG can do to help us/ If nothing else, hopefully they can help to keep these jerks from scamming anyone else.
That is also the reason I started posting these scam alerts everywhere I could find to do so.
Good luck to you in the future!
Jennifer,
With the way the economy is, yes…we get a little anxious to believe that there might be someone out there that will deliver.
Thanks for the update… I will continue to press forward and know that since it is a numbers game..my odds have GOT to be getting better.
All the best to you too!
Hey Jennifer Hale tell all your people to go http://www.thirtydollarunit.com and sign up they are about ready to payout they have a phone number and people to you can talk I am in it . Jennifer don’t worry about affiliate shares right now go to that website they are down to the last 5000 units out of 30,000 units.
Gary, Thanks for your suggestion. I actually had already purchased a unit in TDU a couple months ago and most everyone I know has done the same. I am hoping to be able to purchase one more unit for my husband before they start the payouts.
As for Affiliate Shares, I checked the website yesterday and noticed that it is still up and running and they have even updated the Manage Positions page with a cycle date of 1/5/09. But there is still no change or word on pay out of the withdrawal requests.
Jennifer has worked hard at sending them emails after emails and they do not respond to her requests. I believe it is time that they act and quit sending us emails promoting other businesses and all to get rich quick or whatever!!! I signed up right after Jennifer and had the same experience she has had with them and it is awful that they would do us this way!!! They keep sending us emails for deals and will not pay us—-weird if you ask me!!!
I talked with a gentleman with the Florida Attorney General office this morning. he suggested the following 3 steps:
1) file an online complaint at http://myfloridalegal(dot)com.
2) file a complaint with the FBI at http://IC3(dot)gov.
3) File a complaint with the FTC at 877-382-4357.
To get more information about filing these complaints or to see what I submitted, contact me at jhale296@gmail(dot)com.
Hi Jennifer,
we were working together on B7 as I recall…I’ve just been researching the net and came across your comments,please get back with me as I have a couple of questions you may be able to help me with.
Be Blessed,
Barry Robertson
robralf@yahoo.com
thirty dollar units claims to payout $12,500 to anyone who buys a unit for $30 if you are willing to wait. It’s a pyramid scheme. Do the maths and you will find that for every 30,000 people who sign up, 72 people will be paid out. Then the next 30,000 signs, another 72 get paid. It doesn’t take a genius to realise that, as with all scams, only the people at the top make money, and they probably own the first 1000 units aka the only ones with any real value. If a few million people sign up, then the first of those millions MAY get a one-time payout. Signing up now for $30 means you’ll be entered onto the bottom of a thousand year waiting list.
Today is 5-31-09. “Affiliate-shares.com” no longer exists; this url is redirected to a graphics company’s site.
Oh, well, I guess my $100 was spent on “gambling” instead of going to the movies for entertainment.
Thankfully, that’s all I spent.
DID ANYONE EVER GET ANY MONEY? I had a blast the day the cycler passed over my account. Within minutes, my initial $100 turned into something like $40k — I had about 50 “units.” Later that day, they caught the flaw in their program and reset it to about 15 units. I forget what the name for a unit was.
Anyway, again: fun!! They still owe me about $40k in payouts — which was supposed to be paid on January 5, 2009. har-har
m.