Kooday becomes a Scam

It is with regret that I have to state that this is a fact. People that have followed the progress on my blog http://koodayonline.com have seen it unfold. THere was a lot of people holding onto hope that this was not going to be the case but it is now confirmed. The fact is that Kooday is dead.

What happened is not totally verifiable but there are certain things that are likely to be true. The most unsettling is that is appears Kooday was a scam from the start. Yes it was paying people but that does not mean it is not a scam. In fact the best scams will pay out in the start which is why they do so well. Eventually though they stop paying and it folds up pretty quickly. That is what has happened here.

The first signs of failure were at the end of April when payments were not made to members for the first time. This became much worse and despite some people holding unfaultering faith in the business. Traffic slowed, activity slowed and it just kept dropping to virtually nothing.

Now as I said the site is dead. Alertpay are investigating a lot of claims against Kooday.

This has hurt a lot of people including myself and unfortunately it is something that happens. The signs were there for a long time though. The company never showed any sign of a search engine or reasonable improvements to the site. This was a Red Flag. Failing to deliver on other promises like tax info, and others certainly added to the flags.

Kooday is dead but do not let that put you off making money online. There are far better companies that are doing things the right way. I have talked about some of them before and will mention a few I highly recommend for you now.

I will make a post for some of the better ones which I will make another post giving a little about them. So look for it. In the meantime I'll leave you with just one that in part was inspired by Kooday but has already achieved far more than Kooday did.

http://budurl.com/tagvillage

Feel free to contact me for more info

David Newman

Skype: aussie_striker