Is Penny Millionaire A Scam? – Learn Why And How You Can Avoid Being a Victim

Penny Millionaire is said to be a hot online internet lottery which supposedly takes 100 lucky individuals and changes their lives in a single month by giving them an apparently simple system which will enable them to become millionaires within a month. So who promises you that you will definitely become rich just by playing the online lotto? And who assures that by playing the online lotto, you will become a millionaire too?

I have often seen online lotto scam sites that claim to give you tips and tricks to help you win millions in a single day. But of course you need not believe these claims because there are many other ways by which you can actually win millions by simply following a proven strategy. Although it is true that no specific system or technique is a sure winner, the fact is that if you apply some intelligent strategies in a strategic manner, even a small number of winning tickets will give you a considerable amount of money. For example, there are lottery strategies which suggest that if you increase the number of numbers drawn, you increase your chances of winning. On the other hand, there are also lottery strategies which claim that if you increase the re-drawing frequency of the balls, you will have more chances of winning the jackpot.

So is it true that the so-called Penny Millionaire is a scam? This is a very important question. There are many people who are saying that this is a scam, while there are others who are defending the so-called Penny Millionaire. It is therefore up to you to decide whether to believe in these websites or not. Let us have a deeper look into these scam sites.

First of all, you should remember that these websites always promise that they will get you rich but never actually deliver on this promise. They usually present you with a membership fee which is either non refundable or of course requires you to pay upfront for their services. Once you make payments and enter your personal details, they will provide you with a certain amount of lottery results. However, there is a catch. After you have made your payments, you will receive nothing because your details has already been sold to some other people.

Another major problem with these scam sites is that they are usually set up as a business. Their main purpose is to sell you something else. For example, if the site claims that you will become a millionaire overnight, then it is a scam because no such method exists. Moreover, these scam sites often require you to make payment through some kind of payment processor which is of course stolen from you.

One very popular scam site is the one that tells you to purchase a specific number of ‘lottery chips’ in exchange for a one time fee with which you can ‘rouse’ a lottery draw. This is of course a lie. The lottery is not drawn by using lottery tickets. Rather, it is drawn by the random results generated by computers. Therefore, it is absolutely impossible for you to make any money by purchasing any kind of lottery ticket.

Penny-Lotto scams are also prevalent on various website designed as affiliates for various lotto games. In these scam sites, you must fill in information about yourself so that they can market to you as someone who is eligible to get such information. When you provide this kind of information, it is important that you do not forget to include your address too. Once these scam website owners get your personal information, they can easily transfer funds to their own accounts from your account. However, this is something that is too late because once this happens, there is no way that they can contact you anymore.

If someone wants to know is penny millionaire a scam, then he needs to be very careful about the kind of websites he visits. There are hundreds of scam websites out there, so it is better to be careful than be a victim of such scams. Even if you think a particular website is offering something that does not sound too strange or is too good to be true, it is best to be skeptical. Always remember that people are scammers and they will try everything possible to fool you.

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Frank

Entrepreneur, Blogger, Affiliate Marketer and webmaster of Stealth Secrets. I have been earning a full-time living as an affiliate marketer since 2004. Want to do the same? Check out what I recommend.