 |
Investigator
Jim Parker's opinion of www.ClickityCash.com and www.1heluva.com
I
am Jim Parker, Chief Investigator of AXIS Investigative
Services, Inc., a Florida licensed investigative agency
specializing in online fraud and cyber-crime investigations.
I have been specializing in Internet related crimes
for several years, and have been recognized by the court
as an expert witness in matters pertaining to Internet
related crimes and Electronic Mail investigations. |
I reviewed
2 web sites of Fred Srock, namely www.clickitycash.com, and
www.1heluva.com at the behest of investigator Bill E. Branscum,
whereby I was asked for my professional opinion on their content,
and what these sites were apparently offering.
As most
people know, anything that appears too good to be true when
it comes to get-rich-quick schemes, especially those advertised
on the Internet, generally are too
good to be true, and Fred Srock's web sites certainly appear
to be not only no exception, but are indeed a prime example
of how the Internet has become a virtual playground for con
men, thieves, vagabonds and scam artists.
At first
glance, the first of the sites I reviewed, clickitycash.com,
does appear to promise its members wondrous amounts of "cash"
for doing nothing more than clicking some members' links on
the web site. However, what is not so readily apparent, is
that what you are actually getting in return for your investment,
is "ClickityCash". Unfortunately, Walmart does not
accept "ClickityCash" when you want to purchase
toys for your kids at Christmas, and although Fred Srock does
offer a means to pay for your membership by credit card, try
telling MasterCard that you want to pay your bill this month
with all the wonderful "ClickityCash" dollars you've
gathered. Once they stop laughing, I'm sure they won't be
too shy in telling you exactly what you can do with your "ClickityCash."
The main
page of the site gives a clear indication of how much you
can expect to earn as a member of the ClickityCash scheme.
The site boasts that it "Pays out an average of $353
Every DAY!". However, while that does seem like
a reasonably sizable amount of money, slightly further down
the page, the site also boasts some 12,000 members. A simple
calculation reveals that each member can expect the return
on their investments to average just under $0.03 per day,
or approximately $0.90 per month!! It is undetermined whether
that $0.90 per month would be actual US Dollars, or worthless
"ClickityCash."
A good
example of the worth of "ClickityCash" can be found
on pages of this site which Mr. Srock is apparently not so
keen for prospective members to see, such as:
http://www.clickitycash.com/abc.html
The above
page, which doesn't appear to be listed anywhere on the visible
pages of his site, will give you a good indication of the
actual value of your prospective "return of investment."
Should you have the time and patience to click links on the
site until you are blue in the face, and manage to amass an
impressive $2,000 in "ClickityCash," the actual
sum you may receive in "RealCash" is a mammoth $10!!
Certainly not enough to pay for your continued treatment for
the Carpal Tunnel Syndrome brought on by clicking your mouse
to death. It is also interesting to note the spelling of "RealCash,"
as all one word, instead of "Real Cash," which would
indicate actual currency. It has yet to be determined if the
"RealCash" advertised on that page is actually US
Dollars, or just another form of something as comparatively
worthless as "ClickityCash."
My use
of the term "investment" above is also a relevant
point. Some basic research shows the wording of the second
site I reviewed, (www.1heluva.com) has recently undergone
a change. In reviewing archives of this site (see screenshots
1, 2 & 3 - the originals having now been saved for evidentiary
purposes), it is apparent that Mr. Srock was clearly advertising
"investments," and refers to prospective members
as "investors," with advertising phrases such as:
- "Surf-For-Hits and Invest
in Your Future"
- "Where EVERY invested
member who surfs is Guaranteed Monthly income."
- "Richly rewarding Investment
Program Guarantees Monthly Income"
- "Purchase upgrades and
advertising with your ROI (Return on Investment)!"
- "...invest in our program
and start earning a Return on Your Investment through 5
levels of referrals"
- "Guaranteed Monthly Return
On Investment (ROI) YOU Choose"
To my
knowledge, Mr. Srock is not a registered securities broker,
and as such, certainly appears to be acting in violation of
state and federal law.
Both sites
reviewed strike me as nothing more than elaborate Ponzi Schemes,
whereby returns are paid to current investors, entirely out
of future funds paid into the scheme by newer investors. Ponzi
schemes, such as this one, are generally operated by a central
company or person (Mr. Srock, in this instance). Unlike Pyramid
schemes, Ponzi schemes don't necessarily involve any particular
hierarchal structure. The "investments" are collected
from new members by one individual, and a portion of these
funds are generally used to pay the promised "Return
of Investment" (ROI) to existing members. Ponzi schemes
illegal; it's simple as that. Depending on their nature, they
may also fall under statutes that address fraud or larceny,
assuming there is intent to permanently separate the investors
from their money, as certainly seems to be the case with Mr.
Srock's schemes. What, in my opinion, makes Mr. Srock's schemes
considerably worse than others that I have witnessed, is that
the promised returns appear to be paid in virtually worthless
"ClickityCash" dollars, instead of actual currency.
Based
on the above, and Mr. Srock's apparent sale of unregistered
securities, it would be my recommendation for Investigator
Branscum to bring these sites, and Mr. Srock's activities
to attention of the respective state, local and federal authorities
for review.
Jim
Parker
Chief Investigator
AXIS
Investigative Services, Inc.
Attachments:
ScreenShot
1
ScreenShot
2
ScreenShot
3
I
welcome your comments,
questions and suggestions.
|
