07/09/08. UniCreditInvestment is Gone! Game Over?

Well I had intended to take the day off today but seeing so many emails flooding my mailbox I just had to publish my analysis of the situation surrounding UniCreditInvestment. As you may know, the program’s admin Ingrid sent out the following email and if you don’t know yet the program is closed and the refunds will be issued. This was the update:

“It seems that somebody wants me out of business. After the problems with my last host, it seems that no webhosting site wants to host my program anymore because all of them have got this kind of complain:

—BEGIN EVIDENCE—
To whom it may concern,

I would like to bring to your attention that the owner of the following
website(s) hosted on your server or within your IP block:

http://www.unicreditinvestment.com (IP:72.21.37.84)

is running a fraud called “Ponzi Scheme”. (See http://www.fbi.gov/majcases/fraud/fraudschemes.htm#ponzi or
http://www.sec.gov/answers/ponzi.htm) for the definition of Ponzi Scheme).
Please notify the correct hosts of this fraudulent website immediately.

The owner of this website is soliciting the public for monetary investment by promising unusually high rates of return without a license, which constitutes a crime, under the laws of all countries, in particular, U.S. Securities Act of 1933.

I will also be sending this notice to the US Securities and Exchange Commission.

The following links show news on investigations and prosecutions of scammers running internet hyip ponzi schemes:
http://www.worldlawdirect.com/article/1926/Solidinvestment.com_investment_scam.html
http://www.cad.gov.sg/com/press_release.htm#man1
—END EVIDENCE—

I don’t know who is sending these complains because I’ve paid all my members very fast and also i was almost always available on skype too for support, but it’s obvious for me that somebody wants me out of this business. Even if i’d find a host who wouldn’t care about these kind of complains, i don’t want to put in danger my family because i don’t this that who ever did this (send the complains) would stop. So at first i’ve decided to close the site and start the refunds next week. After i’ve chat on skype with few of my members i’ve decided to change a little this decision. So, who ever wants to get the refund, please email me with the amount of deposit, on which payment processor it was and username. Starting with tuesday, next week, i’ll start to make the refunds. For who ever would want to continue to invest with me, i’ve decided to make my program private, setup a password protected forum on CIF and continue like this. I’ll setup all the
details for this private forum by monday and i’ll let you know. There will be no website, only that private forum. I’ll see how i can setup this. It will be only one plan of 130% for 30 days (no principle returned). I was always honest with you and i think i’ve prove it already. I hate to see that scammers from this industry can’t stand an honest hard working admin and start chasing me to get me out of business like this. But i won’t let you down. I’ll refund who ever will ask for it and i’ll continue private for the rest. Thank so much for all your support and trust in me. I’ll prove once again that i deserve it :) I”m sorry that you haven’t heard from me for a day or two but i was so upset about having to make this decision, that i needed a little time offline to think and calm down. The new email that can be used for support is: ingrid.uci@gmail.com. Also i’ll continue to be available on skype (ID: ingrid1120). Also because there is no website online, i can’t send newsletters, but i’ll always email Austin and Paul (money-news) to post the updates on forums for me.”

Well, to tell you the truth first I didn’t believe a word in this because I dealt with scammers so many times before that it just seemed like another bad excuse. But instead after doing some closer analysis of UniCreditInvestment I will let you know another side of the story. This other side will come from Ingrid to whom I will give the benefit of the doubt for now and will let you decide if her words are true or not. I respect your intelligence as my readers and I believe you can draw the necessary conclusions for yourselves. As for me I will not take part in her private program and will not recommend her site or private program anymore. I will exclude it from my monitoring page today and urge you to report back to me if you’re refunded in full before making an investment in her newly created private program.

We’ll start with the questions and concerns I had after reading her email and the reply Ingrid kindly gave me.

1) First, why not launch another website after refunding? Why all this fuss about a private program? I didn’t believe for a second that all the webhostings around refused to shelter her site. There are so many of them around and not all of them have strict anti-HYIP policies. I remind you that there were issues with BlackLotus and BlockDos hostings already and Ingrid couldn’t go with them again.

This is what Ingrid replied to me: “I had no intention to take my site offline or stop my program…but when i’ve saw that all host providers told me they’ve got those complains, i’ve decided to closed the program first…after that i’ve talked with few of my members and they’ve convinced me to continue so i needed to find a way to not fight a useless war but in the same time to continue…this is how private program idea came up to me…if you have a better idea, i’d appreciate it“.

2) Second, why change the plans from 8 and 10 day plans to 30 day plans since she’s doing so well on Forex? It just doesn’t bode well with me and I can’t help but feel more than a little uneasy. It’s almost definitely a sign of scamming. Changing the plans to 30 days with payouts on expiry will get Ingrid enough time to collect the money while not paying a dime back. This is just speculation of course, but I saw very many programs and they all ended like this, i.e. after going private and collecting enough money – disappear.

This is Ingrid’s reply to this: “To answer your question: because refunds will take some time as i can’t withdraw funds from forex that fast and that easy…they are orders placed and i can ask withdrawal only after they are closed…some of them can’t be closed untill the market will move in the right direction….and during this time i still can make profit for the members who were requested themselves to continue to invest with me… on forex the more funds you have, the more profit you can get and offer to members…as long as i have to make refunds, there will be not so much funds left so i can’t continue to offer the same profit as before“.

3) So another question remains: who was this malicious person who tried to destroy UniCreditInvestment and who eventually made it happen? Doesn’t he or she realize that by submitting complaints to hosting providers and actually getting Ingrid removed from the game that they simply clear the way for other less scrupulous people that will not pay on time but scam you with every opportunity? So whoever it was I would like to say to him that he did a really bad thing by destroying a really good and promising program and let it be a heavy burden on his conscience forever.

I repeat to you that I’m not actually involved in UniCreditInvestment program and that’s why I cannot tell you what exactly from all this story is true and what is not. I just can advise you to ask Ingrid for refunds if you weren’t in profit and report to me if you actually got them. Then I can apologize for pouring out my thoughts on the blog. But I will not do it until the refunds are actually paid and I don’t advise you to join the new private program that will be run by Ingrid if you’re not actually refunded or heard about the refunds processed to the members in full (according to Ingrid the refunds should start the following Tuesday). Remember that it’s always be better safe than sorry in this industry and I hope Ingrid can prove me wrong!

Stay tuned for more exciting news and fresh updates that you can read on my site tomorrow, and see you then!