Ultra Mega Cash, an investment scheme promising a 5% daily return, registered its ultramegacash.com domain on March 6, 2012. The domain's registration information remains private, concealing details about its operators.
The Ultra Mega Cash website offers no information about who owns or runs the opportunity. Its pages feature stock photos and promotional language but lack any verifiable company leadership. This absence of transparency about management is a recurring characteristic of questionable investment platforms.
Ultra Mega Cash sells no retail product or service. Instead, the company bundles advertising credits with each investment. Members can use these credits on an internal advertising network hosted on the Ultra Mega Cash website.
The compensation plan guarantees members a 5% daily return on investment over a 30-day period, totaling 150%. Investments begin in $10 increments. The company also pays a 10% referral commission for funds invested by directly recruited members, and a 5% commission on investments made by their recruits.
Membership itself is free. However, a member must invest money to earn commissions. An individual who has not invested can only earn if they recruit others who then invest their own funds.
Ultra Mega Cash operates as a Ponzi scheme. The advertising credits do not function as a legitimate product; they are tied directly to an investment requirement. All returns paid to existing members derive solely from new money invested by subsequent participants. Payouts will cease once new investments into Ultra Mega Cash stop flowing.