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Is Cash Gifting Legal?

Aug 27, 2008
With the sheer quantity of scams and fraud being run through the Internet today, most consumers are justifiably leery of signing on the dotted line and sending their money to a faceless, often nameless entity with no real recourse if they fail to receive a return on their investment. It's no wonder there are so many people asking, is cash gifting legal?

Fortunately, the answer to that question is-absolutely. The IRS may try to control everything else in your life, but they haven't yet started putting limitations on who you can give your money to! The idea behind cash gifting is that everyone involved in the program makes an investment, and over time they receive that investment back in the mail from others who have decided to take part in the program.

The concern that many people have when asking "Is cash gifting legal?" is that cash gifting is just another illegal pyramid scheme, doomed to be shut down by the IRS and the federal government before half of the people have made the income they've been promised. There is no pyramid, with a giant spider sitting on the top run making thousands of dollars in residual income off of the hard work and effort of the people below them. A legitimate cash gifting program levels the playing field so that everyone can enjoy, and the returns will be based on the amount fo money you put in-not the number of people you can convince to put in money along with you.

The best part of cash gifting is not only is it legal, because of its very nature it is not subject to the wild fluctuations so many other home based businesses suffer from. There is no limitation on its market demand, because there is no limit on the number of people looking for extra money!

Of course, that's not to say there aren't a few bad apples out there spoiling a dependable money making venture for everyone and spurring on the question, Is cash gifting legal? These are the companies who are running an illegal pyramid scheme, or the companies that convince their members to put in money but never pay out a penny because they are too busy lining their own bank accounts. If you can steer clear of these illegal enterprises and align yourself with a legitimate cash gifting program, with a strong mentoring team and a powerful marketing system, you'll quickly find out how tremendous an opportunity cash gifting really is.
About the Author
Cash Gifting Reviews
Merudh Patel is an online marketing entrepreneur from NJ who is studying at Rutgers University at the moment and successfully mentoring others to achieve success in internet marketing using the best online opportunity - Cash Gifting
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