Are you searching for HourPaid reviews in order to find out what is HourPaid.com, either is Hour Paid a scam or a legit? If so, then you are absolutely in the right place because here, within our Hour Paid review you are going to find out the complete truth about HourPaid. Actually, we don't recommend HourPaid. If you want to know why, then you can find the details within our HourPaid.com review as below. However, if you also want to know if we have recommended any companies or not, then you can find our list of good and trusted online work companies by clicking this link:- newsonlineincome.org/legitimate-work-home-businesses/
Although we have listed several companies within our good and trusted online works section, but also our No.1 recommendation is Wealthy Affiliate and if you want to know why, then you can find our detail review on Wealthy Affiliate by clicking this link:- newsonlineincome.org/wealthy-affiliate-review/
OK, now let's begin with our HourPaid review as below in order to find out what is HourPaid in real.
Hour Paid login and join in link:- https://www. hourpaid. com/ (Not Recommended to join)
Hour Paid is an illegal and unsustainable company because it is a Ponzi scheme. You can think yourself. If Hour Paid real can make upto 20% profit hourly, then why even it needs to collect the investment from several people instead of simply taking loan from a bank in much more lower rate, less than 1% monthly. Don't you think anyone will prefer to pay 1% monthly instead of paying 20% hourly? Even if they can't take a loan from a bank in the name of the company, at least they can take a personal loan very easily and use that money to multiply, then they can earn profit very soon. After all taking loan in 1% monthly and use that in some place where they can make 20% hourly, sure they can make profit very soon and even within a month they will earn enough so that they never have to collect investment from several people.
So, why HourPaid.com is collecting investment from several people?
Simply because HourPaid is not what it is claiming. They are not making real profit to pay back their investors. So, they will just use money invested by new people to pay few existing members so that they can show some payment proof and lure more people into their scam and at last will completely stop paying because every Ponzi schemes operate like that. Even Ponzi scheme wants to pay for long time, they will be unable to sustain for long time because they don't have any income source to pay back their all members because each time they pay members, they create debt into the system. That is why Ponzi schemes are illegal and unsustainable business. HourPaid is exactly that kind of Ponzi scheme.
If you don't know about the illegal schemes like Ponzi and Pyramid schemes, then you can find the details by clicking the following respective links:-
Ponzi scheme:- newsonlineincome.org/ponzi-scheme/
Pyramid scheme:- newsonlineincome.org/2017/03/06/what-is-pyramid-scheme/
If you try to check the owner details of HourPaid, you will come empty hand because there is not any real information about who and from where is operating HourPaid. It is not surprise to see that they want to hide their owner details. After all who want to come upfront and show themselves if their intention is to scam people, right? They say that they are registered company in United Kingdom. But, it is not a big deal to register any company in UK Companies House because if you can pay 20 GBP, you can easily register company in UK Companies House for which even you no need to provide any real address, but just can rent address from any virtual address service provider and use that address to register company in UK Companies House. In the past tons of Ponzi schemes had already turned into scam which were showing UK Companies House document. So, it proves that having UK Companies House registration doesn't stop anyone to scam people.
So, we don't recommend HourPaid and suggest you to stay out of it.