The “Mobile Money Loophole” is supposedly some amazing new system created by Teo Vee that makes it very easy to make money online–or at least that is what you are told.
But is it really? Or is this just a scam that is going to be a rip off and leave you upset after buying into it?
One thing is for sure–this is NOT what it seems to be and in this review I’ll be going over the truth of the matter.
Thinking about buying in? Don’t until you read this and find out what you are really buying into.
The Sales Pitch
The sales pitch for Mobile Money Loophole is probably what led you to my review here… It’s ridiculous, sounds way too good to be true, and is over-the-top overall.
You probably received some spammy email about a new money making opportunity which provided a link that directed you to the video presentation. In this video presentation he starts off by talking about how there is some new movement quietly sweeping the nation in which people are making tons of money off of mobile shoppers online.
And of course this movement is known as “Mobile Money Loophole”…
The spokesman, which we later find out is named Teo Vee, talks about how you are lucky to have found this “closely guarded page”–as if this is some secret video presentation that not many people can see.
This is just to try to make you feel special, because the page is open to the public and anyone can go view it at collectmobilemoney.com (might be other sites this is promoted on too).
The guy keeps talking about how you “may” be eligible to try out this system, as if you might not be–however this is just another little tricky sales tactic to make you feel as if you are lucky that you are getting this chance. Of course he is going to let you buy in, along with as many other people as he possibly can.
At this point it’s looking like it could be a pretty typical online money making scam.
Of course throughout the video presentation we are shown a bunch of screenshots from people who are supposedly making good money with this system, such as “Moy” here…
…but unfortunately there is no good proof that these screenshots are real. With the technology nowadays these could have been easily faked.
Definitely sounds too good to be true..
The sales pitch for this new system just sounds way too good to be true. And you know how the saying goes… If something sounds too good to be true then it probably is.
We are told that we just have to set up some website, which Teo Vee says he will help us do, then we just have to keep the site up on the Internet… And I guess the money will just flow in.
Sounds simple enough, right?
The problem is that it also sounds like a scam.
What You Are Really Buying Into
When you go to purchase this system, which cost $97, you aren’t really told much. On the checkout page the system is not named and instead it just says you will be getting “the entire system”, a personal advisor, and a special bonus…
What you don’t know is that you are really buying into a program called My Ecom Club, which I am very familiar with.
There is no such thing as “Mobile Money Loophole”… This is just a made up name that is part of the sales funnel to lure people into the My Ecom Club program.
This program is often promoted in very ridiculous ways–getting people to believe that it is going to be super easy to make money online–when the reality is much different.
What Is My Ecom Club?
This is an e-commerce training program to help people start their own e-commerce websites and make money online via drop shipping, which is when you sell products on your own website but never actually keep inventory–instead you have products shipped directly from the manufacturer to buyers.
It’s a good business model but this particular training program is definitely NOT something I am going to recommend.
The price tag shows $97, but you will also be hit with some upsells, the most expensive of which is $1997 and is for a “done for you” website.
Who Is Teo Vee?
Teo Vee is the guy mentioned in the video presentation for “Mobile Money Loophole”, but who is this guy?
Well, he is one of the guys behind the My Ecom Club program–one of the trainers.
However, there are multiple people behind this program and there is very limited information about any of them.
We don’t really know anything about Teo Vee. I looked for information on this guy and have come up short. He is pretty much a ghost and this is a big problem because we don’t really know who the is, how much experience he has in this industry, and whether or not we can trust him.
He does seem to know what he is talking about in the training but this is enough for me.
One thing that I can tell you about this guy is that he definitely DID NOT learn this “secret” from a 14-year-old kid, as we are told in the video presentation…
As mentioned, the sales funnels that have been set up for promoting My Ecom Club are often very ridiculous and “scammy”.
As I talked about in my review of My Ecom Club, this program has been promoted as a “Memphis 9 year old’s $150,000 secret” and a “weird online trick discovered by an 8-year-old girl–among other things.
Not only is what he tells you about learning it from a 14-year-old kid a complete lie, but it is also worth noting that this is not a “secret” at all. There is nothing secret about the training that My Ecom Club provides.
The Reality of This
Yes, making money with your own ecommerce store online is possible–and dropshipping is a good business model that is fairly easy to get involved with–BUT this is NOT as easy as it seems.
I dabbled with dropshipping a few years back and had some minor successes, but nothing long term. I was part of a large program (I paid $2,597 for!), which provided very good training–yet much less than half of us students became successful from it.
The fact of the matter is–this isn’t easy.
Teo Vee makes it seem like anyone who joins is easily going to strike it rich as long as they follow the program–NOT TRUE. Even if you have the most perfect ecommerce store, that isn’t going to just automatically attract buyers. You need traffic and you need targeted traffic. Advertising was the hard part for me–and the expensive part.
Conclusion – Scam or Not?
Teo Vee and this My Ecom Club program, which is the real program being promoted here, represent the bad side of internet marketing in my opinion.
People are lured in thinking something completely different from what they are really getting involved with. I wouldn’t call it a scam because there is training that does have value–but I do not agree with how misleading and deceptive the sales funnels are that are getting people to buy into this, such as “Mobile Money Loophole” of course.
You can do what you want but if you want my advice I would say to avoid this program.
And if you want a personal recommendation of mine I’d suggest taking a look at this program that I’m a part of and make a living off of with (and have been a member of since 2015).
Take care and be sure to leave any comments or questions below 🙂
Also, be sure to check out my top picks for making an online income.