Agloco Scam: Agloco is dead, waiting to be buried ;)

I was researching this evening, try to gather some material for my next blog post when I came across this screaming headline: AGLOCO Dead: May Your soul rest in pieces! I couldn’t help chuckling. The same Agloco that was heralded as been a potential gold mine for the army of wanna get-rich-quick Internet users? Geez. Can’t be true!

So I quickly pointed my web browser to agloco.com and pronto! It displayed. I clicked on the Sign-up link and the first red-flag: Their SSL certificate expired 22 days ago! Waoh. What serious Internet business would watch its SSL certificate expire for that long?

2nd red-flag? Anand quoted an email from Agloco:

This afternoon, this was the email from the AGLOCO team:

Dear Anand,

We would like to update you on the status of AGLOCO’s operations. We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs. As a development team we are unable to continue to use our savings to fund the operations. If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at agloco1@live.com .

We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user. We hope that we can find a way to keep the operations going.

AGLOCO Development Team

Flag 3? Their blog http://blog.agloco.com/ has not been updated since October 12th 2007.

Apparently, the team behind Agloco are not new. This is their 2nd attempt:

Last year the company formerly known as “AllAdvantage” (also once described by Forbes as “the dumbest dot com” and by another publication as “the bloated whale of Silicon Valley”) re-emerged as AGLOCO. As described by the company itself, the concept is pretty simple: “By downloading our proprietary Viewbar™TM technology, members benefit from engaging content tailored to their interests. AGLOCO™ also pays its members to refer their friends to the community (and for those friends to refer more friends through four levels of extended referrals.)”

Well, I never signed-up to Agloco and thus did not get their email message. I knew the scheme could simply not fly. More so, I refused to join because their website did not state clearly, how they intended to pay affiliates: check, paypal, e-gold, alertpay? I saw nothing of that sort. Though I was pressurized by many, I was simply adamant. I’m glad I was.

Agloco.com has officially joined the long list of get-paid-for-surfing scams. Bye bye to their Agloco toolbar.

Did you join Agloco? How many people did you refer to Agloco? Did you believe you would ever get paid? Share your thoughts here and now.

Popularity: 2% [?]

Related posts:

1. GCGold.com is a SCAM!
2. Is Capitalex.com an e-currency exchange scam?
3. How to reduce Internet Banking Fraud
4. Dealing Spammers/Scammers a deadly blow
5. Any prospects for e-commerce in Africa?
6. Woes of a Nigerian Internet Banking Customer
7. Making Money Online: Getting Paid via Paypal
8. Why is e-gold popular in Nigeria?
9. The arbitrariness of Graphcard operators
10. Google Adsense Referral System (New)