Product: Too Damn Easy
Overall Ranking: 5 out of 100 or 0.25/5 stars
Price: different entry levels $2000, $6000 or $18000
Owner: Q
Website: http://www.toodamneasy.com/
Cash Gifting has been around for many years and that’s the system Too Damn Easy (TDE) uses to make money for their members. In this review, we’ll see if TooDamnEasy is a scam and if Cash Gifting in legal. If you are not sure what Cash Gifting is read on.
The sales video
This was simply the worst sales video I have seen. For 15 minutes Q “the cash gifting expert” (whoever he is) talks about a pile of $60000 in cash and then counts the 100 dollar bills to prove it’s $60000. In fact, the video ends and all he has done is talk about money and how nice it is to buy anything you want when you want. I have read some reviews that say the video is very effective, for me it was painful to watch till the end.
Who is Q?
Q is the mysterious person behind TDE, but not knowing someone’s real name doesn’t build trust. In fact, it creates the opposite effect, someone who doesn’t disclose their real name has something to hide. So already the warning lights are starting to flash.
What is Too Damn Easy?
TDE is a system to make money. Basically, you pay to become a member and then you must recruit other members to receive money.
Who is it for?
Normally I would say this is for anyone who wants to make money online, but with this system the starting price is $2000. So, if you can afford to lose $2000 and if you are ready to take part in a system that is perhaps illegal, then this could be for you.
What is Cash Gifting?
Put simply Cash Gifting (also known as Cash Leveraging) is the act of giving another person a declared sum of cash. The cash is given purely as a gift without any persuasion or discussion.
It’s called cash gifting because it is nothing more than a gift of cash. There is no business activity, products to sell or multi level marketing.
Is Cash Gifting Legal?
Although Cash Gifting schemes are often called pyramid schemes, many people have the impression that they are legitimate. People think they will make money from the system so they are more easily convinced that gifting is legal.
The IRS says you can gift up to $14000 without paying taxes. But there are some ground rules that have to be followed, the main one being you don’t receive the full amount in return. Some schemes use these tax rules to make their programs seem legal, however the IRS tax code only determines how taxes are applied. They don’t decide if the way you make money is legal or not.
If a Cash Gifting system is a pyramid scheme then it is illegal. The FTC considers a pyramid scheme to be:
This is what the Attorney General of Michigan said about Cash Gifting.
The Bureau of Consumer Protection says this about Cash Gifting:
So, according to these authorities Cash Gifting is a pyramid scheme and therefore illegal.
Don’t get involved in something that is illegal, create a legitimate online business.
How does TDE work?
You sign up for TDE and you give away your $2000, $6000 or $18000. The system goes as follows, this is for the initial membership level of $2000 or the red tube.
- you sign up a new member $2000 goes to your sponsor
- you are placed at the top of your own $2000 red tube
- you sign a new member – $2000 for you
- the next two people you sign up your sponsor gets 2x$2000
- for future sign-ups at this level the money goes to you except every fifth payment which goes to TooDamnEasy
- there are two other tubes – $4000 green and $12000 black that operate in a similar fashion
For the system to work there has to be new members. These new members are recruited from sending out flyers or postcards that include your referral id. The flyers and postcards are already prepared, you just have to stick a stamp and post them. You’re are also supplied with a list of leads. Apparently Q has a “list of people with cash in hand”
After that, the “Million Dollar Professional Team Leader” deals with signing up your prospects. The team leader receives a recruiting bonus and you receive your gift from the generous new referral.
All this sounds easy, although in reality, how many people you know would be ready to part with at least $2000. Here is an example of what we are expected to believe.
If you give your email address to receive further information, Q sends you emails daily where he tells you he can provide you with your first enrollment so you can start receiving cash. However, to do that you have to join and give Q $2000. Not a good idea!
Pros & Cons
Pros
- the only good point about this program that I could find is that Q says he doesn’t want you to join if you don’t fully understand everything
Cons
- very expensive
- a lot of hype
- a pyramid scheme therefore illegal
- no information on the owner Q
How much does it cost?
A great deal of money has to be paid when you join TDE. It’s hard to imagine people parting with this kind of cash, nonetheless here are the prices to join TooDamnEasy at the different levels:
- $2000 for the cash gift + $100 team leader bonus + $300 membership fee = $2400
- $6000 for the cash gift + $200 team leader bonus + $400 membership fee = $6600
- $18000 for the cash gift +$300 team leader bonus + $500 membership fee = $18800
- plus there is a level that is available by invitation only – the price is $100000 for the gift +$400 team leader bonus + $1000 membership fee = $101400!
With these prices, you get access to the system for just 6 months, so if you want to continue you will have to pay again. People who make some money would probably rejoin and therefore keep the system going for longer.
My final opinion
To be honest, I don’t know if you can make money with this scheme, but I certainly wouldn’t risk $2000+ of my hard-earned cash in a system where, just perhaps, I could make some money in a system that is illegal.
To earn anything you have to find other members using the postcards and flyers you are provided with. I have a problem imagining people being ready to put thousands of dollars into a scheme like this.
Here are some more reasons why I won’t recommend this scheme.
- Cash Gifting is regarded as a pyramid scheme and is therefore illegal in many countries, including the US, most of Europe, Australia, New Zealand and South Africa.
- Too much hype. Why in systems like these do they always continually talk about how much money you will earn? It’s much more important to say what you will be doing to obtain the money.
- Who is Q? How can you have confidence in a system where the owner doesn’t reveal themselves.
- The last person in will lose his money. A system like this is not sustainable one day it will cease and then all new members will lose their money.
- Unethical. How can you, in all sincerity, promote a scheme that you know someday will cease functioning and then many people will lose their money.
If you do decide to join TooDamnEasy, even though Q provides you with a list of leads, you will probably have to work to find your own leads. Consider that you will be working at something illegal that could collapse at any moment.
Verdict: Not recommended
An Alternative
TooDamnEasy is definitely one of the worst schemes I have reviewed. If you are searching for a method to make money online try my #1 recommendation. You will learn how to build a sustainable internet business. It’s not easy and you will be told the truth. You won’t be told you will be making thousands of dollars doing very little work, businesses like that just don’t exist. You will also manage to sleep better at night knowing you are earning money in a way that is 100% legal.
You can see some of the advantages of Wealthy Affiliate compared to TooDamnEasy in the comparison chart below.
TDE Cash Gifting is this legal?
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TooDamnEasy Cash Gifting Review
Summary
Description: TDE is a cash gifting scheme. You sign up and then you have recruit new members to be paid. Q the owner makes this sound very easy, but do you know someone ready to invest $2000 in a scheme like this?
Price: Different entry levels $2000, $6000 or $18000
My opinion: TooDamnEasy is a pyramid scheme and therefore is illegal. Don’t join this scheme, there are better honest ways to earn money online.
Website: http://www.toodamneasy.com/
Peter,
Thank you so very much for exposing “Q” and this Cash Gifting Scam!
I have to laugh, I think someone watched 1 to many James Bond movies, to try and
operate a “Legitimate” business opportunity and to do so hiding behind a fairly uncommon consonant is ludicrous!
I got involved in another offline Cash Gifting Scam that is almost as bad as online, but it reaches many less people.
I thought about doing a review but he has zero online presence, so I chose to skip Earl and his Snail Mail scam.
Thanks again for the great read and I enjoy the rest of your site as well, thanks for keeping us safe.
Gary
Hi Gary,
Someone calling themselves Q is quite amusing thinking of the James Bond connotations, but gives the impression that they have something to hide, which of course they have. Even with this scheme they use offline methods to find some leads, so it’s not a total online scam.
All the best, Peter
Hi Peter,
I had never heard of Too Damn Easy but will be sure to pass on the word of this online scam. Wow, it’s like “what will scammers think of next”.
I honestly am surprised that anyone would fall for this type of scheme. I certainly wouldn’t give $2,000 let alone $20,000 for some online investment opportunity, but than again, some people are blinded by their desire to make easy returns on their savings.
How sad that people get taken like this. Although, I do know a guy who was into MLM’s and he invested 17K USD into Binary Options and they cleaned him out. Unbelievable in my opinion.
Great review Peter as always, thanks for heads up on Too Damn Easy and their cash gifting scam.
Cheers,
Todd
Hi Todd,
TDE has been around for years and as you say investing a minimum of $2000 in a cash gifting scheme like this is just crazy.
I think it is important that we try and educate people, so they know to make money on the internet it takes time and work. The get rich quick schemes are just smoke and mirrors.
Take care, Peter
We all are really tired of all these pyramid schemes that scam honest people out of their hard earned money. It really amazes me how these scammers invent numerous “amazing” programs, schemes, such as cash gifting, cash generating systems or set and forget system that makes you money on autopilot. Instead of helping people they deceive them and discredit themselves in the eyes of internet community. Instead of building one business on a strong foundation that will make them money for years, they choose short term profit strategy. I think anyone looking for the honest way to make money online should definitely take your advice and try Wealthy Affiliate.
Hi Rufat,
Yes, the scammers are certainly inventive, they take advantage of the fact that people are ready to believe it’s possible to earn lots of money doing very little. People must remember if something seems too good to be true it probably is.
TooDamnEasy is just the same, you are led to believe if you invest $2000 it is possible to earn $30000 in 90 days just by sending out a few postcards!
Building a sustainable business is a far better option. This may take some time and work, but you can do this for a very small investment. At Wealthy Affiliate it is even possible to join for free, certainly a better alternative than TDE.
Thanks for your visit.
Peter
Wow Peter, another scammers exposed!
Who would start a business without introducing themselves properly and using words like ‘damn’ to label a product just gives it a wrong vibe. Besides, $2000 for an initial investment to someone named Mr.Q is an outright robbery. There’s absolutely nothing legitimate about this program and I am strongly against anyone joining it.
Yes, Cathy, it’s amazing all the different scams we find. I am always surprised that there are people ready to put money into these schemes, particularly this one with the starting price at more than $2000. People really must do their due diligence before signing up for these programs, with a little research they will find out that this is illegal. Would they still join knowing this? Probably, with the promise of big earnings for little work people are ready to do stupid things.
Not knowing who the owner really is certainly doesn’t instill confidence, but he’s been working like that for years. Let’s hope he gets less and less members into this horrible cash gifting scam.
All the best,
Peter
It’s hard to believe that there are actually people that still fall for this kind of stuff. Someone would have to be completely ignorant to anything that has to do with online business. It’s really a shame that the internet is riddled with these scams.
There is plenty of real opportunity today for anyone who wants to start a legitimate business online. What makes it hard for people is the scams outnumber the legitimate programs and people that don’t know any better are easily sucked in by the hype.
Thanks for exposing another BS operation Peter.
Hi Wayne,
Yes, it’s true, there are way too many scams online and as in general, people are looking to make money quickly with little effort they fall for these scams. I think people need to be educated that to be successful online they really need to work hard and it takes time. If I can help just a few people to avoid schemes like this then it’s a step in the right direction.
Thanks for your comment,
Peter