Are you searching for My Modern Income reviews in order to find out the real truth about My Modern Income? If so, then you are absolutely in the right place. So, what do you think? Is My Modern Income scam? Actually, MyModernIncome (MMI) is paying to its members on time, but we still don’t recommend MMI because there is a risk to invest and work with this company. We only recommend those kind of companies where there is almost zero risk, from where we can established full time online income and build our online business for lifetime, such as Wealthy Affiliate about which you can find detail by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/
Let’s begin with our My Modern Income review (MMI review) as below and find out what is My Modern Income about.
My Modern Income Login URL:- https://www.mymodernincome.com/
Leadership is the most important thing in each and every company. But there is not any information about the owner of MMI on their website and even they have hide the owner details and their address within WHOIS data. As per WHOIS data, we can only see that the domain mymodernincome.com was registered at May, 2015. Some of the reviews claims that the founder of MMI is Pier-Luc Morin, but there is not any authentic data to prove that. Anyways, this is not a new thing in online business and most of the companies who had hide their basic information has turned into scam later.
There is not any retail products to sell out there. As per company claims, if you purchase coupon which cost $20, company will use your that investment in their partner companies to advertise their products and then they will return you back your investment @150% ROI after making profit from those advertising campaigns. But most of those companies which had used this business concept had failed and shutdown within 1-2 year in the past.
Remember, if there is not any retail product or services to sell, it will be more risky to invest in such companies.
After you join MMI, first of all you have to purchase a coupon which will cost $20 minimum and they will return back up to 150% of your investment. You can also earn by recruiting people. You can earn commission upto your 4 level referrals, 10% from level 1, 3% from level 2, 2% from level 3 and 5% from level 4. So, it can’t be sustainable business because none of the company can afford 170% total ROI, 150% for the investor and 20% for 4 level upline. In the past, many companies had been already shutdown who had used this kind of business model or in another word we can say Ponzi scheme. There is high risk to invest and work in this kind of company, so we simply don't recommend MyModernIncome.
MMI doesn’t have any retail products, it only offers you to buy their coupon which costs minimum $20 and tell you that they will use your that investment to advertise their partner companies products and share you the profit which they will make by those advertising campaigns. However, they claim they will return you 150% of your investment which seems quite high rate of return to make just by advertising to sell some products. On top of that, they share commission to the sponsor as well which will add more percentage in rate of return. Anyway, only they know what they are telling us is true or not. But we don't think any business offering 150% ROI can sustain for long run. On top of that, there is not any details about the founder and address of the company. Actually if MMI can't make enough profit to back 150% to their investors, then MMI will be completely run as Ponzi scheme which will sure fail sooner or later. It means there is very huge risk to invest money in this company. If there is a risk to invest, obviously we don’t recommend you such kind of company because we only recommend top rated companies like Wealthy Affiliate where you can make good amount of income in a legit way by doing legal business without taking any risk. You can find more details on Wealthy Affiliate by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/
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