ProfitAdShare's website, profitadshare.com, registered on April 12, 2013, conceals its operators behind privacy protection. A "certificate of incorporation" from Lancaster City in the UK appears on the site, but its amateurish design suggests a quick fabrication, offering no real proof of legitimate registration.
A more concrete detail appears in the scheme's terms and conditions, which directly reference "dailypayer.com." This domain belonged to a financial scheme that collapsed over a decade ago. DailyPayer launched in July 2011, promising investors a maximum 2.5% daily return, capped at 200% total. New investor money funded these returns. The entire operation imploded by October 2011; the DailyPayer website has been defunct for years.
ProfitAdShare storing a copy of a defunct company's terms and conditions raises questions. The connection suggests the same individuals might operate both ventures, though no direct proof confirms this link. The lack of transparent ownership details for ProfitAdShare itself increases this suspicion.
The company sells no tangible product or service. Affiliates buy "Ad Packs" for $10 each. These packs come bundled with advertising credits usable only on the ProfitAdShare website. This represents the scheme's entire product line.
ProfitAdShare's compensation plan guarantees daily returns of 1.8% to 2.4% over 90 days. The specific percentage depends on the investment amount. Bronze investors, buying 1 to 25 Ad Packs, receive 1.8% daily. Silver members, with 26 to 50 packs, earn 2.1% daily. Gold members, holding 51 or more packs, get 2.4% daily.
The scheme also pays referral commissions. Recruiters earn 5% on their first level recruits, 3% on the second, and 1% on the third. Joining ProfitAdShare is free, but members must invest money to earn any returns or access referral commissions.
This mechanism follows a textbook Ponzi structure. Incoming funds from new affiliates pay out "daily returns" to existing members, with recruitment commissions layered on top. Such schemes inevitably collapse when new money stops flowing in.
ProfitAdShare attempts to disclaim its nature. The company's terms state, "you acknowledge Profitadshare.com is not an investment program, multi-level marketing program, High Yield Investment Program, 'autosurf', randomizer, matrix, pyrami..." The sentence abruptly cuts off mid-word, leaving an incomplete disclaimer.
The scheme's structure, its guaranteed payouts, and its reliance on continuous recruitment define it as a Ponzi operation. It fits every characteristic of such a scheme.