Warning issued against Temu’s ‘free money giveaway’ as it’s branded 'too good to be true'

If you've been scrolling through social media as of recent, chances are you've come across a pretty suspect-looking 'free money' link at some point or another.

In case you haven't, the online marketplace, Temu, is plastering a 'free cash giveaway' across various platforms.

The way it works is by sending people invitation codes for others to download the app under the promise that both the person who shared the invite and the person who uses the link to download the app will both receive $63 (£50) into their PayPal accounts.

Temu

Now, a nice little cashola injection of £50 sounds pretty good right?

Well, the giveaway in question actually comes with a string attached, with social media users all over being warned against Temu's 'free money' links, which have since been branded 'too good to be true'.

You may want to give the T&Cs a good look over before getting whisked up in the free 50 quid hysteria as Temu can 'cancel, change, suspend, or modify any aspect of the Program at any time, including, without limitation, the availability of any Rewards or other benefits without notice', Indy100 reports.

There is also a time limit set in place for people actually able to secure the funds.

Basically, from the time of a Member’s Program enrolment in the Program - you’ve got just 24 hours to get someone to sign up.

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Oh yeah, and getting the 'free money' isn't even a sure thing as Temu can also reject giving you the cash and instead offer it as credits to be used on-site.

And if all that wasn't enough to make you think twice before hopping on the hype, this may.

If you do sign up to the scheme, you're effectively handing the company access to a lot of your data for advertising and promotion.

The terms and conditions read: "Except to the extent prohibited by applicable law, participation in the Program and/or receipt or use of Rewards constitutes a Member’s consent for Sponsor to use and publish such Member’s photo, name likeness, voice, opinions, statements, biographical information, and/or hometown and state for promotional or advertising purposes in any media worldwide, now known or hereafter developed, in perpetuity without further review, notification, payment, or consideration."

Temu

The fine-print has definitely gone unnoticed as many social media users have warned others about rushing into the giveaway.

One wrote "Had a look into that Temu thing going around, best of luck to you all this is f*cked."

A second penned: "Signing away the right for Temu to use your likeness and voice, worldwide, forever, with no legal protection for £40 is wild."

Now, for some peeps out there, the promise of 'free money' may be enough to tempt them into handing over their info, but it's always a good shout to be aware of exactly what you're signing up for before jumping aboard the train.

A Temu spokesperson told UNILAD: "Temu gathers user information solely for the purpose of delivering our service and to enhance customer experience. We do not sell user information.

"The terms and conditions highlighted are commonplace in similar promotions held by various companies across different sectors."

A Temu spokesperson told Tyla: "Temu gathers user information solely for the purpose of delivering our service and to enhance customer experience. We do not sell user information. The terms and conditions highlighted are commonplace in similar promotions held by various companies across different sectors."