This review is going to be on a website called Richmond Berks.com. What is Richmond Berks? Is it a scam? Or a legitimate opportunity for you to earn passive income online? Is it worth investing money into sites like this? These are some of the questions that we will be covering in this short review.
Alright without further ado, let’s get things rolling…
Name: Richmond Berks
Owner(s): John Richmond & Klint Berks
Price: Free to join
What is Richmond Berks all about?
According to Richmond Berks website, this is what they had to say about themselves.
“Our company has already been working in real estate auction market for eight years; you can trust us with your investments and be sure you will get a steady life income.
The innovative technology of working with investments “RichShare” allows us to use the clients’ money to trade on the real estate auction market with further profit making.
Our clients get profit in proportion with their investments, while the company gets a fixed percentage, which depends on the estate transaction costs.”
So basically, you will be making an investment with this company and getting a daily profit based on it.
One thing that really caught my attention is the claim that you will be earning income(profits) for life. Well, this is definitely very misleading in my opinion. If the company closes down, how will you still earn profits from this opportunity? Of course, you won’t.
So logically speaking it’s not lifetime… Don’t blindly invest big sums thinking that this company will be around forever.
Background Research on Owners…
The only information they had on their website was that this company is founded by “two young businessmen” known as John Richmond & Klint Berks. Other than that, there weren’t any information or photos to support their statement through the website.
I tried Googling John Richmond and Klint Berks, and the only thing I managed to find was a John Richmond who seems to be a well-known fashion designer. Even their website domain has been registered privately. These are vital information I tend to look for before actually investing money into a company. If a company is not able to deliver this information without hesitation, there is no meaning for me to invest real money with them.
This habit of doing background research came by because of my bad past experiences I had with online investment companies. I have invested a good couple of thousands in some High Yield Investment Programs. I did make some profits but because of my lack of experience, I actually lost way more money than I actually made.
Most of the companies closed down without even any notice. Some even had their domains registered for 5 years but shut down within the first few months. They ran away with my money and many other investors money and literally nothing could be done about it. So you have to be very careful when investing in companies that you come to know about online.
Richmond Berks Compensation Plan
Those who are interested in participating in the Richmond Berks compensation plan must first invest money in something known as “Richmond Berks Dollars” (RBD). It is an internal currency that is used by the company and has no value outside it. You will get a daily profit of 1.5% of your initial investment.
One thing I am not really a big fan of is their withdrawal policy. It seems that you can’t withdraw all your funds at a go. When you request for a certain amount, you will be only given 50% of it and the remaining 50% will be on hold.
Richmond Berks also pays you affiliate commissions on two levels. Meaning, if you invite someone directly under you(first-level partner), you will get 10% of whatever he deposits. And if the person under you goes on to refer his own group of people’s(which is known as your second-level partner) you will also earn a 5% commission from them too.
Reviews Bought from Fiverr?
Ok, this is the part that makes me feel that Richmond Berks may just be another scam.
Those so called reviews you see on their website aren’t really legit. Those are actually bought from an online marketplace called Fiverr. I’m sure most of you would have heard of it. The above I have included is just one of the many that they have hired from Fiverr.
My question is if this company is legit and is paying their members without fail why would they need to hire someone to give a fake review. These guys have never tried the program at all but are speaking as if they have really profited from it which is what makes me very frustrated.
So is Richmond Berks a scam?
At the moment Richmond Berks seems to have mixed opinions. Some say it’s legit and some say it is a scam. So who do you believe? Well, I would always lean more towards the scam side than the legit for the simplest of reasons. Why do some members want to label a site as a scam for no reason? Of course, something unforeseen could have happened for them to say it is a scam. Maybe they didn’t get paid as promised or are unable to withdraw their funds?
Furthermore, judging by what I have personally seen myself I am not too confident investing any form of money into this website. I don’t see how Richmond Berks is different from any other HYIP. Seems like this is just another one of those Ponzi schemes that use newly joined members investments to pay the existing members.
Anyway, the final decision is up to you to make. But just keep in mind that always invest only amounts you could afford to lose. You don’t want to be in a situation where you invested all your life savings or borrowed money from someone just to invest in this opportunity, only to find out later that you have been scammed,
Final Verdict: Not Recommended
Safe & Solid Way To Make Money Online?
For those of you who are keen in generating good income online, I highly recommend that you Start Your Own Online Business. This is a really safe and solid opportunity because you don’t depend on anybody but yourself. You don’t have to worry about investing money and not being able to withdraw later on.
So… what do I mean by online business?
There are many ways of running your very own online business. Selling your own products, running an e-commerce store, Amazon FBA is a few I can list from the top of my head. But the one that I am most comfortable with and talking about now is called Affiliate Marketing.
Affiliate Marketing means promoting someone else’s products/services and earn commissions from it. There are countless of benefits for this approach which is the reason why I really love it.
Some of them include…
- You don’t need a huge capital to start
- Can be done from the comfort of your own home
- No need to physically get in contact with anyone. Everything is done through the internet.
- You don’t have to worry about what products to sell or storage space to put your products
It’s really not difficult to get started. All you need is an interest or passion. If you have one, you can build a business around it. I have been doing this for just over a year and have seen more than just great success with it. This opportunity has allowed me to quit my day job and run this entirely from home and the best part…? My income is almost 3 times of what I earned in the corporate world.
Though it is nice to hear… I have to tell you that this didn’t happen overnight. I have put in a great amount of effort to make this work. If you are expecting to make tons of money within a week or month, sorry, this isn’t something for you. You have to put in the effort and give yourself enough time to see success in this.
I know some of you might be thinking right now, how do I get started without any proper understanding or knowledge about Affiliate Marketing & starting an online business. Don’t worry, I have got you covered. I have been using this program called Wealthy Affiliate. It’s an online training platform that teaches you from scratch to building an affiliate marketing business.
If you are interested to find out more, you can check my review on it…
Alright, I have come to the end of my review on Richmondberks.com. I do hope by now you have a better understanding of what it is all about and whether it is something you want to take part in. Those of you who have personally tried Richmond Berks are welcomed to share your experiences with us in the discussion section below. Questions are welcomed too.
Thanks for reading…
And I wish you success 🙂