MegaDollar.co claims you can make loads of money by signing up other new members, along with completing mundane tasks. Before making any commitment to sign up to this program, I’d urge you to thoroughly read this MegaDollars.co review.
There’s probably a few questions you’re asking yourself, and I’ll attempt to explain some of them. Such as:
- Is MegaDollar.co a scam
- Is your personal information safe
- What are the chances of earning real money with megaDollars.co
Apart from these issues, I’ll also show you:
- How MagaDollar.co works
- Other sites in the same mould as MegaDollar.co
- Possible better options to earn money online
Everyone is looking for a simple way to earn a few dollars online, especially through the pandemic. I’ll tell you now, MegaDollar.co is not one of the good options you should be pursuing. Let’s take a look.
Product Name: MegaDollar.co
Product Type: Tasks / Surveys etc
What is MegaDollar.co
MegaDollar.co in my opinion, is the same as many other cloned sites deliberately set up to scam people. I’ll show you some of these similar sites further into this review, but for now, just understand that you will not earn any money with MegaDollars.co.
The first thing I noticed when I signed up, was that the $50 signup bonus used to lure you in, was only $25. Not that it truly matters because they don’t pay out, but this is one big alert that should spark uncertainty.
The idea behind this program is to offer people monetary gain for completing menial tasks. One of the main ways to ‘allegedly’ earn, is to entice others to join up. For each new subscriber, they say you’ll earn $10. This is bogus, but the figure WILL enter into your own INTERNAL account.
Once you’ve earned a certain threshold, you’ll apparently be allowed to cashout. The problem arises when they don’t pay you, and I’ll get to that clause soon.
How Does MegaDollar.co Work
MegaDollar.co works just like all the other replicated sites set up by the same owners. When you sign up for the first time, you’ll be presented with the following dashboard.
You will notice the various methods to earn money, several of these with a monetary value. Although judging by the alleged $50 signup bonus, I’m not convinced the correct money will enter your internal account.
Anyway, the $30 Task Wall promotes offers for you to sign up to. These are your alleged tasks, which are not going to benefit you at all. These are also known as ‘Mobile Offers’.
As an example, let’s look at the above ‘Win $250 worth of CADBURY chocolate!’ task.
As you can see, you need to enter your personal details to ‘allegedly’ earn $30. The $30 will enter your internal MegaDollar.co account, and will accumulate with any other tasks you accomplish. The problem is that you will not be paid this money. They have a clause that excludes them from paying you. I’ll show you this soon.
What you are doing though, is helping the unknown owners of MegaDollars earn a commission. That’s right, each time they get somebody to fill out their personal information for these tasks, THEY will earn money from this.
All the other methods of earning money rely on you promoting MegaDollars, and receiving $10 for every person you sign up. The following dashboard labels all give you help with promotional material to do this.
- Promo Posts
- $15 Viber Share
- $15 WhatsApp Post
- $30 YouTube Post
- $20 Facebook Post
Various promotional material is available in the form of banners, and you’re given a unique referral link to include. Again, you will not have the ability to cashout.
MegaDollar.co Red Flags
So what do you need to look out for? I don’t want you to get scammed by these guys, so check these things out for yourself.
How pissed off would you be if you had completed loads of tasks and encouraged many friends, family and other acquaintances to join MegaDollar.co, only to find out you don’t qualify.
Well, I’m convinced that nearly all of you will not qualify to use this program. You see, unless you are 100 years of age or older, you are not allowed to use the MegaDollars website or it’s features. Don’t believe me? Go to their Terms & Conditions page and you’ll see this snippet.
So, do you fit their ideal profile? Probably not, and this is how they ‘legally’ get out of paying you. Because you didn’t read their terms & conditions.
You’d get the impression that MegaDollars had been around for at least a couple of years wouldn’t you, especially if you saw it for the first time. With claims by themselves suggesting they’ve been around since 2015.
This is certainly not true though. Having done a search on when their domain was first registered, it seems they’ve only been scamming people since June 2020.
So, what other lies have they told you?
My next point here coincides with the above registration date. If the MegaDollar.co domain was only registered on June 25, 2020, how is it possible that some of the payment proofs have a date before this?
Clearly the above payment proofs are well before the domain date of registration.
I’ve seen this all before, many, many times. The same replicated websites all have the same similarities. They all offer a signup bonus, and advise you to complete tasks or promote the platform on social media.
Here’s a list of several similar sites that I have personally reviewed:
All these sites are set up in the same way, in an attempt to get you to sign more people up to their scam.
The MegaDollar.co homepage shows several testimonials. I don’t believe these to be true accurate accounts of people that have used this program. As you can see in the image below, some of these images have been used multiple times before.
They are not the people MegaDollar claims them to be. These images have been copied, and used to make new members think they are legitimate MegaDollar.co members.
Fake Contact Location
I don’t think they actually know where they reside! This is where it becomes obvious that these websites are replicated, and modified to suit. If you look at the MegaDollar homepage, you’ll see that they claim their address is in the Netherlands.
However, if you look at the F.A.Q. page, they say their company is based out of South London.
And what’s this! Their About page suggests they are based out of Los Angeles.
So I can only conclude from this, that parts of other websites have been copied onto the MegaDollar website, and not changed to suit the made up address.
The owners behind MegaDollar.co and all the other cloned websites do not show their hand. These owners are anonymous and will keep cloning more websites. I can guarantee you that this will not be their last attempt at scamming people.
Is MegaDollar.co a Scam
MegeDollar.co is a scam, and I will not be recommending any of my readers to sign up to their site. I’ve reviewed enough of these replica sites to have a good understanding of how they work.
You really need to be careful of which ‘money for task’ or survey sites are genuine, and which are not. The better ones are Inbox Dollars and Swagbucks.
Better Opportunities Out There
Although I’ve mentioned two of the better sites above, there are much better ways to earn decent amounts of money online. Two of the options I like to suggest are ecommerce and affiliate marketing.
I must admit though, running an eCommerce website using the dropshipping method (extremely popular these days) can a lot take more of your time, but you can earn more money.
Affiliate marketing on the other hand can be done whilst taking your time. It can even be done in your spare time if you have a full time job. You can learn how to start affiliate marketing from scratch here.
Tired of seeing Scams or endless fraud sites?
In summarizing, you can probably guess that I WON’T be giving MegaDollars a thumbs up. This is just another lame attempt at scamming people out of their precious time in order to benefit the unknown owners.
On top of that, I really don’t know if your personal information will be safe. Some programs like this store personal information, and then sell it on to third parties. So in my opinion, I would avoid MegaDolla.co at all costs.
Like many people, I struggled in my early attempts to make money online. It's really frustrating when you try product after product, searching for that elusive opportunity that is really genuine.
Eventually though, I learned how to achieve success in the online world with my own website. This website was created to show others how to do it. I direct people away from the poor opportunities and advise the good ones.
But the simplest and least complicated is [Learn more...]
Disclosure: Links in this post may be to our affiliates; sales through affiliate links will not cost you any more. More info at my disclaimer page
The opinions in this article are solely mine, are are not intended to offend or discriminate. All information in this review has been researched on the public domain of the internet.