Own your own ATM machine - SCAM ??

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  • funkmaster
    So Fucking Banned
    • Sep 2001
    • 7938

    #1

    Own your own ATM machine - SCAM ??

    ... just received this spam, I have removed the URL, but what sort of a scam is this now ??


    -----------------------------------------------

    You can now own your own A T M machine. Congress has
    passed a law allowing US citizens the same rights as
    the banks.


    You can own a cashless ATM machine and enjoy all
    the benefits of the ATM business without prohibitive
    costs and problems of cash ATMs.

    With your ATM business there is immediate income,
    virtually no overhead, and no employess. These machines
    work for you 24/7, resulting in as much as a $1.00
    profit to you for each transaction - not to mention the
    tax advantage that come with owning an ATM.

    We will provide you with high traffic locations in
    brand name fast food restaurants. The typical ATM
    installation averages over 4000 transactions per month and you
    get $1 for each. This is a turnkey business with
    immediate income, no overhead and no employees to pay.

    Contact us now while the best locations are still
    available and to find out how we can help you take the
    first step to enjoying financial freedom.

    Own your own ATM machine now... quick form

    Thanks in advance,

    Maritza Gunter
  • detoxed
    vip member
    • Jan 2003
    • 17798

    #2
    Why would it be a scam?

    Comment

    • SoundMan
      So Fucking Banned
      • Nov 2003
      • 3471

      #3
      old news.

      Comment

      • OzMan84
        Confirmed User
        • Nov 2003
        • 4740

        #4
        Originally posted by detoxed
        Why would it be a scam?
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        • JSA Matt
          So Fucking Banned
          • Aug 2003
          • 5464

          #5
          just saw them putting one in Burger King today

          Comment

          • Phoenix
            BACON BACON BACON
            • Nov 2002
            • 35475

            #6
            if you have the traffic (walk or drive by), and can afford the float as well..as the money int he machine has to be yours as well...then you can make it with them.
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            Comment

            • MadCap
              Confirmed User
              • Aug 2002
              • 2357

              #7
              I get phone calls for shit like that all the time


              I bought a few internet payphones a while ago and now they wont leave me alone but 1-1.50 per transaction in a good place would be nice passive income.

              Comment

              • Spunky
                I need a beer
                • Jun 2002
                • 133978

                #8
                Could be quite profitable in the right location.Just gotta worry about the thieves carting it away though

                Comment

                • BIG Movie List
                  Confirmed User
                  • Oct 2003
                  • 247

                  #9
                  i wouldn't believe anything sent to me through spam.
                  if probably a friend sent me this offer, i'd believe it.
                  this has gotta be a scam.
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                  • EscortBiz
                    Fuck Checks, CASH only!
                    • May 2002
                    • 19422

                    #10
                    years ago spent 10K to get 5 machines, they do all installations and have the locations etc and I get paid monthly.

                    They never found locations I lost the money.

                    Might be a different business but who knows

                    I do know CSI has a system where if you find a merchant location for an ATM you can buy it then get a cut on all trans.

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                    • brizzad
                      holla
                      • Jul 2003
                      • 11769

                      #11
                      not a scam... an uncle of a friend put up a few down here and so far he's pretty happy

                      Comment

                      • Ash@phpFX
                        Confirmed User
                        • Nov 2003
                        • 4292

                        #12
                        automatic teller machine machine ?

                        Comment

                        • rowan
                          Too lazy to set a custom title
                          • Mar 2002
                          • 17393

                          #13
                          What is a 'cashless' ATM exactly?

                          Comment

                          • EscortBiz
                            Fuck Checks, CASH only!
                            • May 2002
                            • 19422

                            #14
                            Originally posted by brizzad
                            not a scam... an uncle of a friend put up a few down here and so far he's pretty happy
                            does he own the location? have any more info?

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                            • HitMePlse
                              Confirmed User
                              • Jul 2003
                              • 143

                              #15
                              Ever been into a mom and pop grocery store or liquor store? Either the store owner owns it and supplys the cash or it is put there by an indipendent person such as my friend. He owns serveral machines and has them placed all over. Each machine cost him around 5k. He pays for the phone connection, gives the store owner 5 cents and the bank $1.25 per transaction and he pockets $2.70.

                              Comment

                              •  Smokey The Bear 
                                So Fucking Banned
                                • Dec 2003
                                • 3880

                                #16
                                Originally posted by rowan
                                What is a 'cashless' ATM exactly?
                                Instead of cash it spit out a little stub that says $20 or $50 or whatever and you take it to the counter of whatever store the instant teller its in and they give you the cash. The person gets an atm the store gets a sale and you make a buck , nothing scammy about it. Insurance is a bitch.

                                Comment

                                • KCat
                                  Confirmed User
                                  • Sep 2002
                                  • 2204

                                  #17
                                  You need to have a lot of machines in good locations to make money. The cost to re-stock the machines is a pain in the ass too. You don't make much for the amount you need sitting in them, but selling ads works well.

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                                  • goBigtime
                                    Confirmed User
                                    • Nov 2002
                                    • 7761

                                    #18
                                    movie theaters do this...

                                    They make it "Cash only" so you have to use their $2 fee ATM.

                                    As if $10 per ticket and $12 for a box of popcorn and a soda wasn't enough...

                                    Comment

                                    • goBigtime
                                      Confirmed User
                                      • Nov 2002
                                      • 7761

                                      #19
                                      Originally posted by HitMePlse
                                      He pays for the phone connection, gives the store owner 5 cents and the bank $1.25 per transaction and he pockets $2.70.
                                      I don't get it.

                                      Can you break your math down again?

                                      Comment

                                      • Dveron
                                        Confirmed User
                                        • Dec 2002
                                        • 2794

                                        #20
                                        Originally posted by goBigtime


                                        I don't get it.

                                        Can you break your math down again?
                                        When a person uses the atm they're charged a $4 transaction fee then it's split 3 ways.
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                                        • Greg B
                                          So Fucking Banned
                                          • Jul 2001
                                          • 7014

                                          #21
                                          Dude, one of my pals and one of my lawyers does the ATM thing.

                                          It's a huge business BUT you have to work with the right company or you will be fucked stupid. It's not alot of work at all, it's just doing the math and being responsible.

                                          Comment

                                          • Greg B
                                            So Fucking Banned
                                            • Jul 2001
                                            • 7014

                                            #22
                                            Originally posted by EscortBiz
                                            years ago spent 10K to get 5 machines, they do all installations and have the locations etc and I get paid monthly.

                                            They never found locations I lost the money.

                                            Might be a different business but who knows

                                            I do know CSI has a system where if you find a merchant location for an ATM you can buy it then get a cut on all trans.
                                            Yep, LOCATION is the keyword. One way my guys did it was they already had the locations. They then sold ATMs with the statisics to back it up with guarantees. Some people make 18% annually.

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