With the need to make passive income one may be lured in by scam websites claiming to offer just that, only to end up defrauding its users. One of such website is the Bytesi.net that promises its users with money for performing microtasks. They claim to be a task related money-earning platform in order to defraud their users.
In this review, we will be sharing everything we found on the Bytesi.net, how the scam operates and what to do if you have unfortunately fallen victim.
Overview of The Bytesi.net Website
The whole MO [Modus Operandi] of this site is very similar to any scam investment scheme where they make fake promises of high earnings on investments only to disappear with the money invested.
This is a rinse and repeat scamming tactics that has been going on for a while now. They make use of psycological tactics to defraud innocent people trying to generate a passive income stream. The claim to make money by doing the bare minimum is a lie and the initial payout is just used to generate trust among the users.
This website was created on 2024-01-09 and expires on 2025-01-09, a month from now. Which goes to show that this website was not made to last for a long time.
How the Bytesi.net Scam works
The Bytesi.net website claims that it helps people earn money by using social media, connecting advertisers to users thereby paying the users money earned.
This is one of the fast-rising task scams that promises earnings on completing simple social media tasks. Users are given simple tasks that includes watching videos, commenting on posts, writing reviews etc. You may be wondering how exactly these scams can be carried out successfully and we’ll explain further.
This scam starts off as social media posts, comments or unsolicited dms telling you about this quick online gig that takes no time at all to complete and pays you for using your account for simple tasks.
On signing up you initially get simple online tasks and get paid $5-$10 for completing it but subsequently they ask for higher sums to unlock higher paying tasks called “Lucky order”, and this is when the actual scam begin.
They ask for a payment of about $250 to enable you unlock lucrative tasks and also advise you to get into the opportunity as it is limited and gets taken up quickly by the early birds.
Once this payment is made, they keep asking for more payments with promises of a big payday and the victims keep forking out money in hopes of a higher return.
The amount demanded keeps increase up to the range of thousands with promises of tenfold the payout. Once a victim is completely drained financially, they are either blocked or ghosted. They have no ways to recoup their losses and their earnings which were just false promises to begin with are forever lost.
In no due time, the site will get taken down to further erase all traces of the just concluded scam. This is done over and over again under different company names and websites. Rinse and repeat.
Red Flags of the Bytesi.net Website
Website access:
We were unable to access this website, and this may either be due to the fact that it has already been taken down prior to us carrying out this research or are they are deliberately hiding its contents. As a new website, this is definitely a red flag, and it should be avoided.
Customer reviews:
Reviews aren’t readily available on independent platforms and the reviews found are overly promotional and fabricated.
Malware:
This website has a very low trust score and can potentially infect your devices with malware. This malware puts your devices and personal information at risk.
Referrals:
This website also mandates referrals, and this may be a way to gather users to their platforms in the absence of any true recommendations by words of mouth from family and friends. This is how the typical pyramid scheme starts out.
Fraud policy:
Their fraud policy is just an elaborate white flag that works to convince people that they are legit meanwhile there are no details on how this supposed fraud policy is supposed to work or protect investors and users.
What to do if you already got scammed
Contact your credit card company immediately:
Dispute the charges with your credit card company and request a chargeback refund.
File a report:
Report the incident to the Federal Trade Commission (FTC) and your state’s Attorney General’s office. Also file a complaint with the Better Business Bureau (BBB]. Also file a complaint with your local cybercrime authority or online fraud department.
Report unauthorized charges:
If any unauthorized charges are made to your account, quickly report it to your bank so that it could be halted and the funds recovered.
Cancel your credit card:
Canceling your credit card and asking for a re-issue based on stolen information and potential should be the best step to avoid any problems in the unforeseeable future.
Clean up your device:
Carefully looking for anything in your device that could be a potential backdoor for these scammers to have access to your device and personal information and delete it.
How to avoid similar scams in the future
- Research thoroughly to verify the company, product, or service online. Check for reviews, ratings, and testimonials.
- Be cautious of unsolicited offers from someone who contacts you out of the blue with an opportunity to make money. Legitimate companies don’t usually reach out to individuals.
- Take your time to think and research before making a decision. Avoid falling into the “Limited time” trap.
- Watch for red flags like the use of poor grammar, spelling mistakes, and unprofessional communication.
- Verify contact information. Always check if the company has a legitimate physical address, phone number, and email.
- Use secure payment methods: like credit cards or PayPal, which offer some form of protection.
- Keep personal information private. Don’t share sensitive information unless necessary or to trusted individuals.
- Stay up to date by being aware of current scams and tactics.
- Trust your instincts.
- Report any suspicious activity you come across to the FTC, your state’s Attorney General’s office, or local authorities.
- Most importantly, remember, if a product or service is free, you’re most likely the product.
Legit ways to make money online
There are several legitimate ways to make money online, but they require more than just your phone –
- Freelancing
- Online Tutoring
- Affiliate Marketing
- Selling Products
- Online Surveys
- Content Creation
- Dropshipping
- Stock Photography
- Online Coaching or Consulting
- Creating and Selling Online Courses
- Blogging
- Virtual Assistance
Note: These alternatives require effort, patience, and dedication to generate income.
Conclusion
The Bytesi.net scam is just one example of many other similar scam that operates in similar or the exact same way.
They trick you into referring your family and friends under false promises so that could gather personal information and also scam you of your money while you’re in a bid to make more money.
It is advisable to be suspicious of any unsolicited or random information that promises quick returns with little to no efforts. Conduct proper research and if there’s something you are skeptic about, it is best to avoid it entirely.
See latest alert – Thompson-Oxford.com Legit or Scam? Check This Facts!
Samantha