Hiding behind many seemingly innocent Instagram photos is a shady scheme that’s costing people thousands.
Reality TV stars like the people from Geordie Shore and The Only Way Is Essex are promising easy money from very little work – just 15-30 minutes a day that anyone can do.
Does this easy way to make money online with no experience work? Of course it doesn’t!
Geordie Shore girls like Holly Hagan will re-share a popular photo like an engagement announcement above. Along with text telling their followers how they can make money with another instagram account.
To start with the reality tv Instagrammers were showing off luxury clothes, cars and holidays to advertise these “easy money” schemes. But as people wised up to them they’ve started hiding them behind seemingly normal photos.
Once followers click through to the account in question, often as part of a competition, they will see a grid of luxury. Showing designer gear, private jets, Caribbean 5 star holidays and high-end cars. Of course, all of these high end goods are not owned by the trading instagram account as they often just pose by things or rent something for a short amount of time.
At the top of these “trader” Instagram accounts is a link that will start a Whatsapp conversation that usually starts off pre-populated with a message saying “Hi, I’m ready to learn”
Shown below is a conversation with one of the trading accounts promoted by Holly Hagan (although most of the geordie shore girls are all promoting the same kind thing).
Basically they want you to sign up via their link as they get referral payments that can often be over £120 per signup and a percentage of the money they deposit. They hide the obvious affiliate link with a masked URL.
Someone inexperienced can very easily lose their money, this is nothing more than gambling. It’s a massively unregulated area that preys on people who want to make easy money and have no comeuppance when they loose all their deposited money.
If it really was that easy to make thousands in 15 minutes a day why would these people on Instagram spend their days trying to get people to sign up with a link?
The truth is their job is creaming money from referral links, they don’t care if you win or lose because they get paid either way. If it really was that easy, they would be doing it themselves.
Remember during the gold rush the people that made the most were the ones selling the tools to mine for gold.