Is cash gifting legal???

[Gideon]

I believe in gifting cash and some friends have invited me into a community which works on the principle of gift it forward. How can I know that this network concept is permitted by law and gaining prosperity via this medium is legal?

[maat55]

It appears to be a ponzi scheme. I would not be involved in it.

[mrpaseo]

It just sounds fishy, care to give more details? Remember if something sounds to good to be true, it is to good to be true.

Ray

[tark]

I have researched in it and I am not sure if it is legal. It may be a big risk as well as many of the cash gifting programs could be scams. If it was legal and not a scam I think it would be a nice system .

[maat55]

It's a ponzi scheme, you should stay away.

[GrimJack]

It sounds like a just another 'send $5 to the name at the top of the list' ponzi scheme and it is illegal. It does not matter what it is called or how private you keep it - it is illegal