Monday, September 22, 2008
What You Need to Know About Cash Gifting
I am often asked what do I know about cash gifting and is it legal?
Well, since I am repeately asked that question I was intending to post a blog. However, since my friends and mentors, Bob & Anna Bassett, have already thoroughly addressed this very issue, I thought I'd share their series of articles, Is Gifting a Scam?
Bob and Anna suggest you ask yourself a few questions when someone attempts to recruit you into a cash gifting program. Before I get to Bob & Anna's thoughts, here are the two questions an Attorney General would ask:
1 - Would a logical thinking person pay this much money for the product or service if there was not a business opportunity involved?
2 - Does the income stop when the recruiting stops?
If the answer to the first question is "No" and/or the answer to the second question is "Yes", then it is a scam.
To find out what other questions to ask, Bob & Anna Bassett's articles can be read at their Together to the Top website. You can access the three-part series directly @ Part 1, Part 2, and Part 3.
Feel free to contact me anytime if you have questions.
Be empowered to prosper!
A Mentor With a Servant's Heart
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