Do you want to make money online by watching YouTube videos? Sounds like a dream job, right? Well, not so fast. There is a new scam going around that promises you easy cash for doing just that. But don’t be fooled. It’s a trap that will leave you broke and frustrated.
In this post, I will expose the YouTube digital residual scam, how it works, and how to avoid it. I will also show you some legitimate ways to earn money from YouTube without falling for any shady schemes.
What is the YouTube Digital Residual Scam?
The YouTube digital residual scam is a type of online fraud that targets people who are looking for ways to make money online. The scammer claims that they have discovered a secret or a loophole that allows anyone to earn money by watching and liking YouTube videos.
The scammer usually contacts potential victims through WhatsApp, Telegram, or other messaging platforms. They offer a very attractive pay rate, such as $2 to $5 per video. They also claim that there is no limit to how many videos you can watch and like, and that you can withdraw your earnings anytime.
To convince you that the offer is real, the scammer will ask you to watch and like a few sample videos and send them screenshots as proof. They will then pay you a small amount of money through an online payment service, such as Paytm or Google Pay.
This is where the scammer builds trust and hooks you in. You might think that you have found a legitimate opportunity and that you can make a lot of money by doing this simple task.
However, this is where the scam really begins. The scammer will then ask you to download another app, such as Telegram, and contact their “manager” or “supervisor” to continue the work. They will tell you that this is a necessary step to access more videos and higher payouts.
Once you contact the “manager” or “supervisor,” they will ask you to pay a “membership fee” or a “registration fee” to unlock the “premium” or “high-paying” tasks. They will tell you that this is a one-time payment and that you will earn back your money in no time.
They might also use various tactics to pressure you into paying, such as:
- Creating a sense of urgency, such as saying that the offer is limited or expiring soon,.
- Creating a sense of scarcity, such as saying that there are only a few spots left or that the demand is high,.
- Creating a sense of authority, such as by impersonating a YouTube official, a KYC officer, or a police officer,.
- Creating a sense of fear, such as threatening to report you, sue you, or arrest you if you don’t pay,.
The amount of money they ask for can vary, but it is usually between $1,000 and $5,000. They will also ask you to pay through a method that is hard to trace or reverse, such as a gift card, a cryptocurrency, or a wire transfer.
If you pay the fee, the scammer will either disappear, block you, or ask you for more money. You will never receive the promised videos, tasks, or payouts. You will also lose the money you paid and possibly compromise your personal and financial information.
The scammer will then move on to the next victim and repeat the same process.
How Does the Scam Work?
The scam works by exploiting a feature of YouTube called “in-stream ads.” These are the ads that play before, during, or after a video. You can skip some of them, but not all of them.
The scammer creates a long video (usually over an hour) that consists of nothing but in-stream ads. He then targets his video at people who are interested in making money online, using keywords and tags that match their search queries.
When you click on his video, you will see a series of ads that are relevant to your interests. The scammer will also appear in some of the ads, pretending to be a successful online entrepreneur who has discovered the secret of YouTube digital residuals.
He will tell you that you can make money by watching his video and that you need to sign up for his course to learn how to claim your digital residuals. He will also show you fake screenshots and testimonials of people who have supposedly made millions of dollars using his method.
The scammer hopes that you will be intrigued by his offer and that you will watch his video until the end. He also hopes that you will click on his ads or visit his website, where he will try to sell you his course.
The scammer makes money from two sources: the ad revenue from his video and the sales of his course. He doesn’t care if you actually watch his video or if you learn anything from his course. He only cares about getting your money.
How to Identify the YouTube Digital Residual Scam?
The YouTube digital residual scam is a very clever and convincing scam, but there are some red flags that can help you identify it and avoid it. Here are some of them:
The offer is too good to be true
- If someone offers you a lot of money for doing something very easy, such as watching and liking YouTube videos, you should be skeptical. There is no such thing as easy money online, and if it sounds too good to be true, it probably is.
The offer is unsolicited
- If someone contacts you out of the blue without your initiating or requesting anything, you should be cautious. Scammers often use random or stolen phone numbers, email addresses, or social media accounts to reach out to potential victims.
The offer is vague or inconsistent
- If someone claims to have a secret or a loophole that allows you to make money from YouTube, but they don’t explain how it works or they change their story frequently, you should be suspicious. Scammers often use vague or inconsistent explanations to confuse or deceive you.
The offer requires upfront payment
- If someone asks you to pay a fee to access more videos, tasks, or payouts, you should be wary. This is a common tactic that scammers use to get money from you before they deliver anything. Legitimate online opportunities do not require you to pay anything upfront.
The offer uses pressure or intimidation
- If someone tries to rush you, scare you, or threaten you into paying or doing something, you should be alert. This is a common tactic that scammers use to manipulate you into making a decision that you might regret later.
What Should You Do If You Are Victimized by This Scam?
If you have fallen victim to the YouTube digital residual scam or any similar scam, don’t panic. There are some steps you can take to minimize the damage and protect yourself. Here are some of them:
Stop all communication with the scammer
- Block their phone number, email address, or social media account. Do not respond to any of their messages or calls. Do not pay them any more money or give them any more information.
Report the scam to the authorities
- Contact your local police, cybercrime unit, or consumer protection agency. Provide them with as much information as possible, such as the scammer’s name, phone number, email address, or social media account. Also provide them with any screenshots, receipts, or other evidence of the scam.
Report the scam to the platforms involved
- Contact the platforms that the scammer used to contact you, such as WhatsApp, Telegram, YouTube, Paytm, Google Pay, or others. Report the scammer’s account and the details of the scam. Also, request that they take down any fraudulent or misleading content related to the scam.
Report the scam to other victims or potential victims
- If you know or suspect that other people have been or might be targeted by the same scam, warn them and share your experience. You can also post your story on online forums, blogs, or social media groups that deal with online scams. This can help raise awareness and prevent others from falling for the same scam.
Secure your personal and financial information
- Change your passwords, PINs, and security questions for your online accounts, especially those that are linked to your payment methods. Also check your bank statements, credit reports, and online transactions for any suspicious or unauthorized activity. If you find any, report it to your bank or credit card company immediately.
How to Stay Safe from Such Scams Going Forward?
The best way to avoid falling for the YouTube digital residual scam, or any similar scam, is to be informed and vigilant. Here are some tips to help you stay safe from such scams going forward:
Do your research
- Before you sign up for any online opportunity, do some background checks on the company, the website, the offer, and the person behind it. Look for reviews, testimonials, ratings, complaints, or any other information that can help you verify their legitimacy and reputation. Also, look for any signs of fraud, such as spelling errors, grammar mistakes, poor design, or unrealistic claims.
- Don’t believe everything you see or hear online, especially if it comes from an unknown or untrusted source. Don’t let your emotions, such as greed, fear, or curiosity, cloud your judgment. Don’t fall for any hype, urgency, scarcity, authority, or fear tactics. Always ask questions, seek clarifications, and demand proof before you make any decision or take any action.
- Don’t click on any links, open any attachments, or download any files that you receive from strangers or unsolicited sources. They might contain malware, spyware, or viruses that can harm your device or steal your information. Don’t share any personal or financial information with anyone you don’t know or trust. Don’t pay any money or give any access to anyone who promises you something that sounds too good to be true.
- Use common sense and logic when dealing with online opportunities. If something sounds too easy, too fast, or too cheap, it probably is. If something sounds too complicated, too risky, or too expensive, it probably is. If something sounds too vague, too inconsistent, or too secretive, it probably is. If something sounds too good to be true, it probably is.
The YouTube digital residual scam is a new and sophisticated scam that exploits people’s desire to make money online by watching YouTube videos. It is a trap that will cost you money, time, and peace of mind.
Don’t fall for it.
Instead, use the tips and advice in this post to identify, avoid, and report such scams. Also, explore some legitimate and proven ways to earn money from YouTube, such as:
- Creating your own YouTube channel and monetizing it with ads, sponsorships, or memberships.
- Joining the YouTube Partner Program and earning a share of the revenue generated from your videos.
- Creating and selling your own products or services related to your niche or audience.
- Promoting other people’s products or services as an affiliate or an influencer.
- Offering your skills or expertise as a freelancer or a consultant.
These are some of the real and sustainable ways to make money from YouTube, without falling for any scams.
I hope you found this post helpful and informative.
FAQ about the YouTube Digital Residuals Program.
Q: What is the YouTube Digital Residuals Program?
The YouTube Digital Residuals Program is a scam that claims to offer a secret or a loophole that can help you earn thousands of dollars by watching and liking YouTube videos. It is not a legitimate or authorized program by YouTube or any other company.
Q: How does the YouTube Digital Residuals Program scam work?
A: The scam works by luring you in with flashy ads or videos that feature fake testimonials, screenshots, or statistics. Then, you are directed to a website or video that asks you to pay a signup fee or purchase an overpriced training package to access the so-called opportunity. The scammer may also ask for your personal or financial information, such as your name, email, phone number, credit card details, or bank account details.
Q: What are the risks of falling for the YouTube Digital Residuals Program scam?
A: If you fall for the YouTube Digital Residuals Program scam, you may lose your money, your identity, or your privacy. The scammer may use your information to charge your credit card, drain your bank account, sell your data to third parties, or commit identity theft. You may also expose your device to malware or viruses that can harm your system or steal your files.
Q: How can I avoid the YouTube Digital Residuals Program scam?
A: To avoid the YouTube Digital Residuals Program scam, you should be wary of any online offer that sounds too good to be true, especially if it involves watching YouTube videos for money. You should also do your own research before signing up for any online program or service and check the reviews, ratings, or complaints from other users. You should never pay money or share your information with anyone you don’t know or trust online. If you encounter any suspicious or fraudulent activity, you should report it to the authorities or the platform where you saw it.
Q: How can I make money online legitimately?
A: There are many legitimate ways to make money online, but they all require some effort, skill, or investment. Some of the most popular and proven methods include the following:
- Creating and monetizing your own content on platforms like YouTube, Twitch, Medium, or Substack.
- Selling your products or services on platforms like Shopify, Etsy, Fiverr, or Upwork.
- Teaching or tutoring online on platforms like Udemy, Skillshare, or Chegg.
- Taking surveys, completing tasks, or testing products on platforms like Swagbucks, Survey Junkie, or UserTesting.
- Investing or trading in stocks, cryptocurrencies, or forex on platforms like Robinhood, Coinbase, or eToro.