Internet Income System has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Agravitae. We’ve received over 5 complaints against Internet Income System.
Jeffrey Long has been launching pyramid-like enterprises since 2011, beginning with AutoXTen. Subsequent businesses, including SMS Dailies, Get Paid Social, and 1 Online Business, failed due to unsustainable business strategies. NewU Financial and Abundance Network both failed by early 2019. Long returned in 2023 with the Internet Income System. Chris Record, his associate, left Tecademics amid legal issues to focus on bitcoin and marketing. Both are tied to the Internet Income System, which is controlled by Video Funnels LLC and may be connected to Long Enterprises in Utah.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Internet Income System Regulated? Do They Have a License?
Jeffrey Long, known as Jeff Long, has frequently created pyramid scheme-like businesses. His unsuccessful enterprises began with AutoXTen in 2011, a recruitment-driven scheme, followed by SMS Dailies and Get Paid Social in late 2015, which failed by 2016.
He created 1 Online Business in mid-2017, combining Ponzi schemes with social media spam, but it collapsed by early 2018 along with Luvv, another pyramid scheme started in April 2018. The Abundance Network and NewU Financial, an MLM gifting scheme offering a 200% ROI, failed in early 2019. With the Internet Income System in October 2023, Long returned to prominence.
In early 2018, Chris Record surrendered his part of Tecademics, an MLM company that provided expensive internet marketing courses and fell by 2017, amid Piccolo’s tax fraud charges. Record pursues cryptocurrency and markets himself as a marketing guru. Long and Record are US-based and affiliated with the Internet Income System, offered by Video Funnels LLC, maybe tied to Utah-based Long Enterprises.
The business is primarily based on the constant recruitment of new affiliates to sustain income, making it similar to Jeff Long’s previous unlawful gifting schemes. Such systems are unsustainable and frequently result in the majority of participants losing money as recruitment slows, causing the scheme to fail.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Internet Income System is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Internet Income System, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at Internet Income System
Chris Record created Atlas Academy, a marketing webinar library and Facebook group. Video Funnels is a platform for video marketing. High Level CRM is an optional platform.
- Membership Fees: Affiliates pay $100 monthly.
- Recruitment Commissions: Commissions are earned by recruiting new members who also pay the monthly fee and purchase additional upsells.
- Residual Commissions: Further commissions are based on the upsells purchased by recruited affiliates across two levels of a unilevel compensation structure.
- Upsell Tiers: Includes one-time fees for different levels of membership, ranging from $250 to $5000.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Internet Income System Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
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Internet Income System Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Internet Income System tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Internet Income System reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Internet Income System, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Internet Income System enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Internet Income System reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Internet Income System.
You should always look out for consumer complaints. In the case of Internet Income System, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Internet Income System? You can share your complaint in the comment section or submit an anonymous tip.
Is Internet Income System Legit Or a Scam?
The Internet Income System displays elements of a traditional pyramid scam, even with its various rebranding attempts and personnel changes over time. It is imperative that prospective participants understand the dangers of these business models, which frequently prioritize recruiting over actual product sales and can result in financial losses and legal problems.
Internet Income System is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Internet Income System can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Internet Income System?
All the evidence suggests that Internet Income System is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is Internet Income System a scam?
Can I withdraw money from Internet Income System?
Where is Internet Income System Located?
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How The Internet Income System Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
