Freeride Sold Again — All Accounts Zeroed Out, Cashouts Canceled — New Members Must Agree They Can Sell Your Info

April 18, 2013 · 0 comments

freerideFreeride:  taking members for a ride since 1996.

It’s happened yet again — Freeride has been sold.

According to an email being sent out to inquiring Freeride members (thanks to Ginger for passing it along), has once again been sold.  The new owner, identifying himself as Rob, says that he purchased “the assets of” but apparently not the liabilities:  all accounts have been deleted, all tokens zeroed out, and all payments canceled.

Freeride’s terms and conditions, updated on Monday, identify the latest owner of the website as EZD Consulting, located in Ontario, whose president and CEO is Robert Scheinbein.  The site’s About page says he/they have been a leader in internet marketing for ten years.  Their Special Offers page lists “September Current Specials” and says Copyright 2011 on the bottom of the page.  Not really encouraging.

Also not encouraging:  this wording from Freeride’s terms and conditions:

“ may sell, trade, or disclose to third parties your customer identifiable information derived from the registration for or use of the on-line service — including customer names and addresses — without the furhter consent of the customers…”

And without the further assistance of spell-check, it seems.  (Who hyphenates “on-line” these days, anyway?  But I digress.)

Upon reading this portion of the terms,  I closed the window without signing up for the new Freeride.  I have quite enough spam as it is, thankyouverymuch.

Hit “continue reading” to see the full email being sent to members.

Please keep in mind that while the name’s the same and the look will be similar, you will be starting fresh with an unknown company telling you up-front that they may sell your personal info.  If you choose to participate, be forewarned.

Hi ,

We have an official announcement going out in a day or two about the change of ownership of FreeRide. Meanwhile please create a new account and try out our new features. Unfortunately, I have no knowledge of member token balances, as I have only purchased the assets of I was not privy to any information of that nature. As the new owner of, I can assure you that if you choose to be a member of the new, you will be provided with many opportunities to earn and redeem tokens. In addition, if you had a prior token balance let me know and I will do my best efforts to work out a bonus plan for you to keep you happy. I really want to give it my all to make my members happy. That includes making them more money and the providing of great customer service. Please try and use the service and as the membership grows I will be able to provide opportunities which have big payouts since I have relationships with companies in this industry.

Thanks for reaching out to us.


Again, please make sure you respond to which gets directly to me. Please start using the site and take surveys so I can start negotiating great opportunities for everyone.

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