What is Cash Gifting?

Question

I have been looking at all these cash gifting programs...but I want someone to direct me to a place where I can learn more about it.

Answer 1

What is cash gifting?

Cash gifting is the activity of giving a person a gift of cash or currency. The cash gift is with the understanding that nothing will be given in return. There is no merchandise, property, barter, services, or any expectation or favors, which will be passed back or reciprocated to the person giving the cash gift. The cash gift is purely a gift and nothing more.

Here is a link to a site that has straight forward information regarding cash gifting without all the hype:

http://www.cashgiftingcashgifting.com

Ask a direct question and I'll give you a direct answer. No phone calls please.

Answer 2

Cash gifting is illegal and if you're caught you can expect to be arrested for securities fraud.  You may face jail time and fines, and you will be asked to pay back any proceeds.

The IRS rules require that cash gifts be made with no expectation of getting anything in return.  Participants in cash gifting schemes expect to receive much more in return than they give.

Be honest - why are you interested?  Is it because you have so much money you can't wait to give it away?  Because if that is true, I can guide you to many worthwhile recipients.