Readbud site turns to be scam
@yugasini (12892)
Secunderabad, India
August 3, 2012 10:16am CST
hi mylot friends,
i think some of my mylot friends might know about the site, i think 3 months i have joined in this site, the site is promised to pay amount for reading and rating the articles, the pay for the articles ranges from 2 cents to 15 cents, according to the length of the site,there is warning from some of mylot friends,even though i am reading and rating the articles,regarding the quality of the articles,those are very good articles till now not published any where i too have saved one or two good articles on farex trading and on line earnings,i have already reached 35 dollars,i think i may reach 50 dollars by the end of this month,before that the site turns to scam,because since one week the site is not opening,daily i am trying if that site may open,but it is not opening,so the site is gone with the wind,have a nice day
3 responses
@owlwings (43897)
• Cambridge, England
3 Aug 12
Here's just a small selection of discussions about Readbud: http://search.mylot.com/search.aspx?t=discussions&r=full-text&k=readbud
Readbud has NEVER paid anyone and has no intention of doing so. They have an algorithm which reduces the number of articles you see the higher your earnings figure is so that, thoretically, you should never reach payout. Some people do, however (I have) and claiming your earnings will simply reduce your balance to zero with ho further action. If you ever do hear from them, it will be a note to say that you have not spent sufficient time reading the articles before you rated them.
They are a complete and utter waste of time and a big rip-off. Unless you like to read very badly written articles which they literally steal from other websites, you would be better off playing games on Facebook.
@jeanneyvonne (5500)
• Philippines
4 Aug 12
I remember this site. I joined it and worked for a time until I read some discussion that the was a scam. I researched and I found out that the discussions merit truth. I did not hesitate in pulling away from that site,, knowing that I will be hurt more if I realized that it is really a scam. Oddly, I remembered that site and turns out it is still a scam.
@ajinleo (283)
• India
4 Aug 12
I was a member in readbud two years ago. I was constantly reading and rating articles. I reached 17$ in a month. But one day I read a discussion about readbud in a forum site. In that, readbud's legitimacy was discussed. But I didn't find any positive comments about that site. All said that it was a scam. So I stopped working in that site.



