07/02/08. BGF Scamming Tactics Revealed!

Hi, guys! Well, to tell you the truth not long ago I was about to close this topic for good because it was obvious for me that Adiz just scammed us with his HYIP BlessingGlobeFund just like everybody else. But it became clear to me soon that I cannot leave this behind so easily just because I was in profit. Admin of BlessingGlobeFund Adiz (if it’s his real name) recently admitted that his project was dead and promised refunds. I doubt very much that you will see these refunds here and there are too many facts that can confirm my point of view. Just too many members bought his lies and I can’t stand it. Of course, time will tell if I was right but at least I will tell you what’s on my mind.

So why do I think BlessingGlobeFund failed?

First of all, the admin lied about many things from the beginning possibly trying to hide his incompetence behind some fairy-tales. At least, I’m 100% sure that he lied about his hosting issues and that’s confirmed by his provider. And you know if you lied once nobody will believe you anymore. So should I mention that I don’t believe he was in the hospital at all?

Second, it always stunned me how slow and incompetent Adiz was in promoting his program. Suffice to say he even couldn’t put the link or the banner to the interview that was published on my blog. It even took several days to put a rating page on his website (it should take ten minutes). Or maybe Gotenks did this for him? He was not able to implement STP for a week or so. When he was addressed by some problems or concerns he was always either busy or sick. Though I don’t know how much time he really spent improving his site. I think not much. I mostly joined his program because of Gotenks who was his programmer but I was wrong because it’s really an admin who determines if a program will be successful or not.

Third, probably Adiz “invested” a big chunk of BGF money into some other scam called 12x12Instantly. Or should I say it was another ponzi-game and he didn’t receive his (our) money back? In addition to a bad start caused by LR downtime and his lies and incompetence as an admin it was just a matter of time before BlessingGlobeFund failed.

Fourth, do you still consider Adiz as a victim of strange chain of coincidences that predetermined his failure? Well, I don’t think so. Yes, he obviously was an inexperienced admin that made him make many mistakes on the way that could easily be avoided if he had some experience. One important thing can easily turn him from a victim to a scammer. It’s his constant lies and attempt to accept the money paying selectively at the same time. That’s right! When he finally realized that BGF was running out of money (which was only his fault) he decided to take these cheap scammer’s tricks to collect more before closure.

1) He added STP as BGF’s second payment processor at the time when everybody already forgot about his previous promise to do this. Many people waited for this to happen because they didn’t have LR or only used STP.

2) But since he was in the mythical hospital the payouts were delayed and nobody wanted to deposit more. It was a red flag for the investors of course. Then he started to make payments, BUT only tiny payments and not in order. Apologetically (as always) he tried to persuade the members to deposit more pretending that the program was back on track.

3) The members were not so easily fooled. Considering the fact that BGF froze daily ROI for uncertain time constantly prolonging it the members were very cautious about spending more. Then there appeared some reports about big withdrawals getting delayed while small ones were paid. Of course, it didn’t add any credibility to the admin’s promises and vows to pay everybody very soon.

4) And then on one nice day the site just disappeared. Not everybody was surprised because many already expected this end, but surprisingly Adiz appeared again and stated that he wrote to his hosting provider with a request as to why his site was offline. Then on the following day he repeated that he was still waiting for a reply from his hosting provider then he disappeared again.

He was offline for three days while the members were uncertain about what had happened to him and his site this time and what other fantastic story (lame excuse) he would tell them when he returns. But fortunately all hidden truths should be disclosed sooner or later so I decided to email his hosting provider in hope of finding out what was really happening. The email I received as a reply clearly stated that Adiz was a liar and I have no choice but to publish it here:

“His site was suspended simply for non-payment. At first I had null routed the IP to spare him the embarrassment of a suspended account page but since I got so many questions I let it go. He never tried to contact me. I seen him on yahoo today and he was all apologizing and stuff. He said he wanted account open so he can display a site is closing page but since he did not pay I did not. Then he went on about some sob story about his stepmother dying or something, last week it was he was sick sob story so I did not pay attention. I have to run a business, when someone doesn’t pay they get cut off just like any other service would do“.

So that was definitely a lie about his trying to reach his hosting provider. He lied about this so he could easily lie about everything else. The members of his program felt fooled so it was decided to make a petition to Dave, the admin of SPP and BPP, to freeze Adiz’s accounts in Dave’s programs because we knew that he had some money in these programs. And surprisingly soon after Dave’s reaction Adiz appeared with yet more empty promises to make a refund as soon as possible. But tell me honestly. After what you have just read would you believe this liar again? I will not.

So the situation is still unclear as of now and I will let you know how it will end in my following blog posts. I think there’s a slight chance to be refunded left and if Adiz doesn’t use this last opportunity the appropriate measures should be taken. I hope it will help to fight the scammers pretending to be honest admins in the future. It will prove that the investors are not so helpless and can fight for their right to be treated honestly and not to be manipulated easily. So what do you think about my initiative to stop the scammers? I’m looking forward to your feedback in the comment section of this article.

I will not make my usual news section today as I’m going to do it tomorrow. So stay tuned and see you then!