Are you one of Workmines members wondering why you didn’t get paid last Friday? Did you try to login to your account but the website would not load? So now you are asking – What happened to Workmines? What happened to your money there? Was Workmines shut down forever or is it just a temporary technical issue?
Well, I don’t really want to shout “I TOLD YOU”, but the truth is I’ve tried.
If you had read my Workmines Review posted on 4/27/2019, you would be at least warned that such a shutdown might happen anytime. Maybe I was too late to post it.
Workmines existed since 2017 and you might join it way before I even knew about it. I’m sorry if you have lost money with them.
Was Workmines Shut Down For Good?
Since June 6th, 2019, when you enter workmines.com in your browser, you only get this text:
There is no message like “we are doing maintenance” or “we are having temporary issues and working on fixing them”.
Nothing of the sort. Looks like the whole Workmines domain was just taken down, canceled, ceased to exist.
Thursday was a new payment’s day, the members expected to see the money on Friday.
No money and no website.
What Happens With You Money In Workmines Account?
Many members had substantial balances in their Workmines accounts. Was it real money or just a number on the screen?
Unfortunately, looks like there is nobody you can ask about, as Workmines has never published any contact information, like physical address, phone numbers or names of the executives.
The company was registered in Latvia. I guess you are not going to fly there to look for it.
There used to be local representatives in several countries, but see what one of the readers wrote in a comment to my Workmines review post:
No representative picks up the phone. Too sad.
What can be done now?
Let’s take this disappointment as an opportunity to learn a valuable lesson for the future. I’ll try to help you understand how you could see that something was wrong with Workmines and how to avoid making this mistake again.
You can find legitimate ways to make money worldwide in the post below:
How Could You Know Workmines Is A Scam?
As I suggested in my review, there were several “red signs” that gave a good clue that this site is a scam.
Unrealistic Rewards Model
The reward of $0.4 for watching a 45 seconds Netflix promo video is far fetched, as no real advertiser would pay that much.
The ongoing rate paid by legitimate websites (see Swagbucks, for example) for watching video is about 1-2 cents per several minutes. You will have to click on some buttons while watching, to prove that you are paying attention and not just leaving the video to run on the unattended phone.
No Real Free Plan
Workmines had offered a free trial plan, but it was impossible to withdraw any money made during the trial without purchasing a paid plan.
Aggressive Referral Incentives
Workmines model suggested that in order to make the substantial income you have to invite new members to the system. That’s why they restricted the number of videos you can watch every day. They didn’t want you to “work” for them, they want you to bring your friends into the system and get them to pay the fees.
Terms of Service That Deny Customer Rights
If you took the time to read Workmines Terms of Service, you could see that the documents only protects the company, not the customer. No refund policy, the right to cancel your membership without any explanation, no earnings guarantee. All these sections gave a clue about how Workmines is going to treat its members.
How To Identify The Next Scam?
Your money with Workmines is gone. Did you learn the lesson and would be able to stay away next time someone offers you to join a new platform, promising to make you rich quickly?
I have written a post about work from home scams several months ago, you can read it here:
Here are some key points to think about:
Realistic business model
There is a Russian proverb that says something like “you can find free cheese only in the mousetrap”.
Imagine someone calls you and asks to walk their dog for 30 min, promising to pay you $100, while the ongoing dog walkers rate is about $20 for 30 min. Would you happily accept the job? Or refuse, thinking that there should be a catch behind this generous offer?
Maybe, the dog is too dangerous? Maybe they plan to rob your house while you are walking the dog?
Only join websites with a realistic business model, where you can easily understand how BOTH sides can benefit from the relationship. In Workmines case, it was clear how the members could make money, but it was not clear how the advertisers would benefit from paying so much money for you watching trailers.
Don’t let greed to pull you into the next scam.
Payment That Matches The Skill
This point is actually similar to the previous one. There payment you are promised should match your skill. The more you have to learn to do the job, the higher is the payment you can ask for. It also has to do with demand and supply, the industry, etc.
Taking online surveys usually pays in the $2 – $5 per hour range. Watching video pays cents per several minutes.
Some of the legit sites for this are:
Working as a Virtual Assistant can earn you between $10 to $25 hourly rate, based on your experience.
One of my Business Analyst contracts in NYC paid me $92 per hour in 2015. It was a time of very high demand for this type of jobs.
Payment depends on your skills and sometimes location, but it has to be within the common industry range. Anything higher than that (especially WAY TOO HIGH), should give you a red alert.
Be smart to understand that no legit company is going to pay you high rewards for doing almost nothing. No magic here. Not online, not anywhere else.
Paid Membership For GPT sites
Never pay anything to join a GPT (Get Paid To) website that promises to provide you tasks. If they want you to work for you, it should be simple: you do the job, you get paid. No membership fees, no signup or processing fees.
Referrals As Main Way To Earn
If the main way to earn with a company is to bring new members, it’s probably a Ponzi scheme or a pyramid.
Pyramids are usually multi-layered, meaning you will get fees from your direct referrals and from their referrals as well, sometimes as deep as 7-10 levels. Only the first joiners have a chance to earn in such a scheme.
Ponzi scheme is where John’s money (like membership fee) is used to pay Jack, and Jack’s money is used to pay James and so on. I think this was the story with Workmines. Ponzi schemes are more difficult to detect as they can keep paying for months and years, deceiving people who think that if it pays, it means it’s legit.
The most famous Ponzi scheme was run by Bernard Madoff, with estimated fraud of about $65 billion. Read about it, it’s actually fascinating.
Legitimate websites provide information about their owners and their experience in the industry. They have a physical address where their headquarters reside, phone numbers you can call, support teams that can be contacted via email or instant chat.
Check the websites with BBB (Better Business Bureau), TrustPilot and other online resources.
Do The Research Before Joining
Don’t believe everything you see in Facebook Groups and other online sites. Even don’t believe your friends who invite you to join “a new exciting opportunity to get rich in several months”. They might be deceived as well.
Do your own research!! Type “Is Website XX is a scam” in Google and read several reviews. There are many bloggers like me who have been doing this type of research for a long time and have seen many cases of scams. Vast experience helps them to detect the red alerts and warn the readers.
Some bloggers might be biased if they promote similar opportunities themselves. That’s why I say “Read more than one review”. Understand the reasons behind the blogger’s opinion. Make your own conclusions.
Never Risk Money You Can’t Afford To Lose
If you decide to join a new opportunity and it costs money (which is ok for new business, not for GPT site) – you’d better not invest money that you can’t afford to lose. Not your rent or food money.
Only spend the amount you can live without.
Can I Ask You Something?
Please leave me a comment with the following information
#1 How long have you been Workmines member?
#2 What is your net loss or profit? You can calculate it like this:
(Sum of your withdrawals) – (Total membership fees you have paid) = Net Profit / Loss
#3 What other “make money online” platforms do you use now or were recently offered to join?
I’d like to check other websites and help people stay away from scams.
Here is my current list of recommended ways to make money online: