Cash App $100 – $800: Legit Or Scam?
The words FREE and MONEY next to each other in any messages you receive should always raise red flags. If money were free, we wouldn’t all hustle hard to earn it.
With that in mind, you may feel quite flattered to find that you have been selected by someone you know to participate in a Cash App chain of blessings that promises to increase your investment of $100 to an astonishing $800.
Cash App $100 – $800 is a flip scam that lures people to deposit $100 and promises a quick return of $800. It is a cleverly disguised pyramid scheme that is not legit. Benefits almost never filter down to investors. The Cash App $100-$800 scam is also called Blessing Loom/Wheel or Circle Game.
No matter how tempting it may seem to be able almost magically to transform your $100 into $800, don’t fall for it. We have the scoop on this tried and tested scam that has ended in tears for many trusting Cash App users.
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Is Cash App $100-$800 Real?
Cash App $100 – $800 is a scam, and it is, unfortunately, very real. The entire concept is a well-disguised pyramid scheme, also known as a Ponzi scheme, and you should never fall for it because you will lose your money.
The Cash App Blessing Loom is nothing but a cleverly disguised, new-age take on a scam that started over a hundred years ago.
The creator, Charles Ponzi, duped thousands of ‘investors’ into parting with their money with the promise of highly inflated quick returns. Unsurprisingly, it wasn’t long before the cash pyramid crumbled, leaving the most recent participants out of pocket.
Unfortunately, criminals move with the times and adapt their tactics to fit the latest technology. Scammers use modern, efficient, and trusted money management platforms like Cash App to reel in new victims.
Why Should You Not Participate In Cash App $100-$800?
You need to be right at the top of the virtual Cash App scam virtual food chain (which is highly unlikely since that is where the kingpin scammer is positioned), or else you will never see any part of your ‘investment’ again.
There are a few good reasons why you should immediately hit the delete button if you receive a message asking you to ‘bless’ another person by sending $100 and promising your original amount back at eight times the original amount.
- Pyramid schemes are illegal in the USA. They are a fraudulent model created to benefit the originators. Actual payouts rarely, if ever, trickle down to lower-level investors.
- You will almost certainly be encouraged to share the message with at least eight other CashApp users. This would include your close friends and family. So not only will you lose money, but you may also cause other people you care about to lose their hard-earned money.
- Once you realize that your 800-dollar payout is not coming, you will feel duped and angry. $100 is a lot of money to most people, and this scheme preys on the most vulnerable, who are enticed into believing that they are making a lucrative investment.
Is There Any Legit Ways To Get Free Money On Cash App?
While there are no cash programs on any platform that simply hand out free money, there are some clever ways you can earn a few extra bucks on Cash App. By understanding the system and recruiting close friends and family to sign on to CashApp, you may be able to ‘flip’ money legally – and no, this type of flipping is not the same as a money-flipping Ponzi scheme.
Before we go through some legit ways to score a few extra dollars on CashApp, take note of the three golden rules of CashApp trading –
- Never trust strangers on CashApp.
- If a cash-flipping offer sounds too easy and requires an upfront investment in order to earn a guaranteed payout, it’s a scam. The CashApp $100-$800 flip scam is a classic example of this type of rip-off.
- Never return money allegedly paid into your account in error – also, don’t spend it.
- CashApp customer support would facilitate the refund if it was a genuine error.
There are a few ways to make CashApp work for you. None of these are get-rich-quick tricks, so don’t give up your day job just yet!
1. Enter Super Cash App Friday Sweepstakes
Team your Cash App account up with a Twitter or Instagram account to enter and stand a chance to win money through Cash App. This opportunity is currently only available for US residents, but it is a legit competition hosted by Cash App, so it is well worth putting yourself into the running.
To enter, you will need a Cash App account and one of the two other two social media accounts. Follow this link to find all the Ts&Cs. Note that entering this competition is entirely free, and you will never be asked for personal information or details about your Cash App account.
2. Invite A Friend To Earn A Bonus
Cash App is an excellent, convenient way to manage money. Once you have tried it, you may naturally start referring friends. If your friend or family member signs up using your reward code, you will receive a cash bonus for each one.
To get your bonus, all your referred person needs to do is send a qualifying payment within 14 days of signing up. This can be as simple as sending your friend $5 on Cash App and asking them to return it to you – take note, this should only be done with people you know and trust.
The more friends you invite, the higher your payout becomes. Naturally, this is an initiative Cash App uses to drive more sign-ups. Fortunately, Cash App is a trusted app that makes managing money and even investing in bitcoin a snap, so it has plenty of selling points.
3. Harness The Power Of Websites That Pay
It’s not exactly free money, but signing up to Swagbucks and InboxDollars can score you a small bonus just for joining. Then all you need to do is complete online tasks like watching videos, playing games, answering polls, and taking surveys to earn cash and gift cards.
4. Flip Stuff, Not Money
Money flipping is always going to be tricky. Even if it is a legitimate way of earning free money, like referring friends to Cash App, your earning power from this source will always be limited.
Flipping bargains you find at garage sales and flea markets, cleaning them up, and selling them using the Cash App is a fun way to make extra money. It may take a little practice, but once you know what items to look out for, you may soon find your Cash App balance moving upward.
Things To Remember When Participating For Free Cash App Money
If a random person sends you money on CashApp, your scammy radar should immediately go into overdrive. Even the promise of money or being chosen to win a prize when you never entered a competition should set all your internal red flags waving.
If a Cash App investment sounds too good to be true, it probably is. The $100 – $800 flipping scam has done the rounds, and just when it goes away, another version seems to pop up out of nowhere. Remember that the promised payout may not always be $800 – there is also a $750 version of the same con doing the rounds.
CashApp is an excellent platform for sending and receiving money from friends, family, or customers.
The chances of a well-meaning stranger selecting you to be part of a genuine high-turnover profit-sharing investment are about the same as a random person putting a crisp $100 bill in your hand in the mall.
If you see any advertisements or offers for free Cash App money, approach them cautiously.
- Never divulge personal information or account information. Cash App support will also never request that information from you.
- Do not make payments for administration fees to unlock prizes or process winnings etc.
- Never make ‘investments’ into schemes that offer quick and unrealistic returns.
- Check out the offer online. Many common Cash App scams like the $100-$800 money flip have plenty of coverage on the web.
Wrap Up
The Cash App $100 – $800 money flip is a scam. Requests to bless someone else and earn a lavish return should be ignored; if it comes from a stranger, block the sender immediately. There are legitimate ways to make free money on Cash App, which never require any initial payment or investment.
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