Maybe but not likely.
The term scam is used far too frequently when it comes to internet marketing products. Every time a product doesn't live up to expectations it gets labelled a scam. This is not necessarily a fair assessment in most cases. The Instant Money Vault program is a typical example of what I am talking about. Here me out...
This program is quickly being labeled an outright scam and I understand why. The product is nothing more than an old Private Label product that has been around for a year or more now. The current marketer "Michelle Andrews" has simply put a new face and name on it and has begun flogging it as the next great thing. The "she" is rumoured to be a "He" in disguise. A marketer by the name of "Mark Warren" - founder of the "Ultimate Wealth Package". And surprise, surprise, the "Ultimate Wealth Package" consists of the same business model - selling review sites to people who in turn have to promote them on Google Adwords.
Does this make it a scam. No - just because it is not new doesn't mean that it doesn't work. Is it deceiving? Not really - it gives you what it says. The problem is this. If you are a complete beginner or "newbie" (I really hate that term, aside from the patronizing aspect of it - it always makes me wonder at what point is someone NOT a newbie. How is this decided? I digress.) then you would buy this product and find lots of info you don't yet know about. If you are a more experienced "newbie" then you might say - hey wait a minute! I already know this stuff! What a scam! You see my point.
The most experienced or inexperienced "newbie" will also probably call it a scam when they don't make $100,000 at the end of the first month using the product. 99% of the readers will not even try out the info, instead they will try to sell the product to others and then not make the afforementioned $100,000 and scream scam!
Your evaluation of this or any other product will be a reflection of your expectations and every product that fails to meet your expectations will be labelled a scam.
They aren't scams... they were just the wrong product for someone with your level of experience and knowledge.
Of course, some things are just outright scams. They don't deliver what they promise. I mean information and not the "Million Dollar" come on. Anybody this far into the "get rich on the net scene" that still falls for a "get rich quick" pitch should really give their head a good long shake. A real scam is not something that doesn't deliver the million dollar promise, rather it is something that doesn't give you the info it promised or the program doesn't work as promised. Everything else falls into two main catagories;
1) Seen This - Done That and now I'm pissed off... Man what a scam!
2) Wow, something new... Hadn't thought of that, this is a great product.
You of course realize that every single product on the net could get both reviews - it just depends on the person who bought it.
In this light I am going to review products on a different basis.
It's either;
An outright scam and why
or it's only suitable for someone with such and such ability.
Instant Money Vault is not a scam but I wouldn't recommend it to anyone.
It has the content from a Private Label Ebook by Michael Rasmussen and has nothing new in it's pages. Even complete beginners can find far better content in other products. If you want a good product which will explain all the Internet marketing basics to you get Holly Mann's ebook called "Honest Riches".
Every other product on this aspect of internet marketing is nothing more than a rehashing of Holly's book albiet the odd twist here and there. This is what internet marketing has turned into - thousands of products each trying to tell the same story. Basics are basics and you can only dress it up so much. Holly's eBook is as good as it gets and all a beginner really needs. You can relax your sphincters now - there was no affiliate link. You can buy her book in complete assurance that nobody will make a dime off of you other than Holly.
The last comment was not meant to be snide. The truth is that internet marketers are their own worst enemies. If you thought I would make a dime off of my recommendation then you would likely not buy the ebook or at best you would replace my affiliate link with your own. Buy not using an affiliate link some of you beginners might actually take my advice and read her book. Some of you are so new that you don't have a clue about what an affiliate link is. All you need to know is this - stay away from selling anything in the internet marketing community. You will only find yourself complaining that you can't make any money because everyone knows how to substitute their link for yours. Why does everybody do this? Hey I don't mean to screw you friend but let's face facts - I can get up to a 75% discount by using my own link.
And that's all you need to know about the IM community and the people you are trying to sell to.
While I'm dishing out advice - and nothing new here - stick to selling stuff to the other markets or niches. Why. Simple really, the rest of the civilized world doesn't know an Affiliate link from a Fig Newton. Nor would they care if they did. They just want to buy something and if you give them what they want - you will actually make some money.
(I have kinda wandered off topic here but what the hell, I'm in a mood for a rant and the old fingers are itchin' to type.)
Where was I...
Oh... If you absolutely insist on trying to make money in the IM community then wise up right now and save yourselves a pile of money. The only people who really make money doing this are the folks who create all these products.
They create something for nothing, hype it using some twist they have discovered and then get YOU - the minions of the IM underworld to a) buy it and then b) sell it. And you do - maybe once or twice, maybe getting your money back while another 10,000 people sell a couple each until the window of "newness" has elapsed and the last batch of buyers can't even sell a single product. The products' creator made 25% - %50 of each sale times ten or twenty thousand sales and ends up with a pot of cash and the best part for them was - they didn't do much of anything. Instant Money Vault is a prime example of this. How much work goes into re-labeling an existing eBook?
The long and the short of it is this - create your own product or sell to other markets or both. Just don't sell to the IM maket unless you want to live in disappointment.
OK. That's enough.
Verdict - don't buy Instant Money Vault. There are better ebooks available.