Website “Prestige Life Club” claims you can make $5000 a day – Fact Check

A website named “Prestige Life Club” is being spammed through email and SMS messages claims to offer visitors the ability to earn over $5,000 a day when signing up.

According to the website, the site is operated by a man named Kyle Stanford.

The site is a trading get-rich-quick scam. Such scams claim to offer the ability to make incredibly high profits using a system that is “guaranteed” to work. However such sites simply direct users to sign up to online trading platforms that are often unlicensed and unregulated. Visitors are likely to lose any money they invest in these platforms despite the claims made by the website that they are “guaranteed” high profits.

Such scams will typically use a variety of misleading and deception tactics to lure visitors. These can include

– Fake testimonials. Testimonials are either fabricated or those making the testimonials have been paid to do so and haven’t make any money using the service. Such testimonials will falsely claim the system has made very high profits.

– Fake owners and stock photos. Prestige Life Club claims to be operated by “Kyle Stanford”. However, this person doesn’t exist, and the photo used leads to a stock photo website.

– Fake countdown. A countdown when the offer apparently expires is displayed prominently in the top corner of the website. However nothing happens when the countdown reaches zero, and refreshing the page resets the timer.

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– Unrealistic claims. Such schemes are notable for their unrealistic claims about the amount of money those who sign up can make. These are used to lure visitors into signing up, despite most people who sign up for online trading most likely to lose any money they invest. This is demonstrable by the small print on the trading platform websites.

If websites claim you can make thousands of dollars a day using some type of system or method, these are likely to be scams. There is no way to “beat” trading platforms using “guaranteed shortcuts”. If you want to read more about our recommended ways to make money using the Internet without getting scammed, you can read our article here.