08/06/08. Scammers – Named and Shamed

Summer is here and for the HYIP industry it means it’s a perfect time for highly-organized scammers. Take MaxROI for example. The site only paid for 8 days and then the admin suddenly disappeared and stopped paying. Well, I can’t take my words back as I still think that MaxROI was a well-organized program with great potential to grow. The only problem was personal as the admin got greedy and stopped paying when his program just started to take off. Many new investors have noticed MaxROI‘s huge potential and joined it hoping the future of the program could be bright. But the admin chose the easy way to scam fast.

This fast failure of MaxROI was really discouraging and disappointing for me as I had some high hopes for this program and thought it could continue at least for a month. I feel sorry that I recommended this program to you, my dear readers, and I hope you can forgive me. I didn’t know about the real admin’s intentions and I surely couldn’t predict them. I only saw that the potential was huge and outlined this in my review.

Anyway, we should always remember that summer in the HYIP world is a pretty dangerous time when many scammers appear in search of fast easy money to spend on their vacations. And many investors often fall victim to such quick scam schemes.

Not only did many programs appear to scam but some of them finished scamming at the beginning of June. I’m talking about two huge scams that stopped paying recently: OG Fund and iNetCapital. You should be aware of these scams and don’t put your hard-earned money into them considering they are still online trying to get the most from unsuspecting investors. It’s a really dirty and disgusting tactic to pretend to be paying programs as if nothing happened and the admins of these programs deserve to be named and shamed for such actions. I hope nobody will fall the victim of their awful scamming behavior. That’s why I’d like to tell something about these programs in the slight hope that it will make them take their sites offline sooner.

OG Fund was just another program that tried to convince everybody that it’s a real program with some faked license bullshit and worthless trading statements. In the beginning of their existence they even tried to persuade everybody that they had been audited by PriceWaterhouseCoopers but it was fast revealed that they were lying. So they quickly removed their fake report and other false statements. I guess this was their first mistake that greatly shortened OG Fund‘s lifespan. Then the admin could say anything but big investors would not believe it. So I guess the end was nigh for OG Fund especially considering recent LR issues and their hosting problems. The funny thing is that for the first days of June you can see the higher rates on the site 1.5%-1.6% instead of regular 0.6%-0.8% but don’t let it fool you as you will not get this money back. It is only credited to your account and not to your e-currency account. So beware of OG Fund summer scam!

The even worse and more dispicible things happened with Stephen, the admin of iNetCapital. He was what I would call a professional scammer and liar and a wolf in sheep’s clothing. He’s still accessible on YIM and you can chat with him. Although what he will ask for is to buy his crappy site for $200 or even less. I assure it that you will not get a penny from him anymore as he finally showed his true ugly scammer’s face. After 2 months of stable payments many members strongly believed that the admin of iNetCapital was a good guy. Wow, they were badly mistaken! To tell you the truth, I was also charmed with his personality first but I didn’t lose my mind and send him 40% “secured” deposit to get my pending payouts. And I encouraged my readers not to do it! At least I can say that I did what I could to prevent you all from losing more. Stephen appeared to be a real jerk without conscience or moral principles. He just organized another HYIP scheme but it couldn’t last for more than two months. Of course that by this time many of us could profit from the plan of 108% after 6 days iNetCapital offered. But I’m really sorry for those guys who joined too late and didn’t make any profit or even sent the 40% deposits to Stephen.

All the above-mentioned facts just prove one simple thing: you should never trust any HYIP admin and spend only money that you can afford to lose! This is the golden rule in any online investment program which sometimes is unfortunately forgotten by us. The HYIP world can be harsh and merciless and you should play it smart to be in profit!

Other news for today.

I was pleasantly surprised today seeing that Surf-Redefined was back online. Even more surprised when I was able to surf and received all my pending payments. The admin of Surf-Redefined found the solution to his issues by changing the server and the site might be inaccessible for you now because the DNS is not fully propagated in every corner of the world. But I’m sure you will be able to access it very soon and it shouldn’t take more than 24 hours. The admin is now looking into the problem with missing days: either you will be credited for every missing day the usual 9% rate or your upgrade will be prolonged on the amount of missing days. Either way you should submit a support ticket after your upgrade expires and a solution will be found, so now you can be sure that Surf-Redefined is back in full swing and paying. Here’s the latest update from the admin: “Ok, so Surf-Redefined website is back up now, but not 100% of members around the world can see it yet, because some areas have not resolved the new DNS server settings for the new server we are in! So please try and try again to check Surf-Redefined and check if you already see the normal website where you can login, upgrade, request cashout and send ticket. If you still see the maintenance mode notice, it means your isp has not resolved the DNS servers yet and would need to wait until your isp has resolved it. But nothing to worry, all will be normal for your accounts. To those who can view the website normally now, you can upgrade now, request cashout and do whatever you wanted to do before it went down. Thank you and have a wonderful day everyone! It was an exhausting past 2 days for me but I am happy we’ve done it!” To find out more about the Surf-Redefined program and the admin John Keller please refer to my interview published here.

Another autosurf site 12Daily.Pro keeps growing steadily and reached more than 1060 members at the moment of writing this post. The tendency of stable growth continues and I’m glad to report that I received one more payment today. The admin of 12Daily.Pro recently said that the site is not going to accept other e-currencies except for e-gold, LibertyReserve and AlterGold. That’s why if you only use AlertPay or SolidtRustPay you can’t participate in this program. And it’s a pity for you because 12Daily.Pro is one of the mightiest programs now with two plans (12% for 12 days surf plan and 10% for 14 days no-surf plan) and fast payouts upon expiration. The interview with 12Daily.Pro admin Brian was published on my blog here. Please feel free to read!

Despite some slight problems with the loading of php pages today it seems that now everything is resolved and V-Project is back online. The latest update was very encouraging and it seems to me the admin has some great plans for the future as well: “Dear friend and investors, thanks to our quick intervention and the precious help of Black Lotus and GoldCoders, we have probably prevented a skilled hacker from violating our script. Your data and ours are completely safe and we are now able to pay/get deposits without problems. We want to inform you that in the next few days we will have to manually check, one by one, all our member’s account in order to get confirmation that every info (members’ profiles, deposits, earning, withdrawals, etc.) have been correctly restored. As promised, e-Bullion is again among our accepted ecurrencies. We are testing AlterGold and e-gold right now: it seems it’s everything alright.” I’m glad that V-Project is trying to implement new payment options for depositing and withdrawal purposes and invite you to read the interview with Amanda published here.

Finally, some remarks regarding ProfitsAddict. I’m pretty satisfied with their forum that was launched recently as there I found some honest answers to the members’ questions. For example, here’s the reply to the question regarding the possible longevity of ProfitsAddict program: “How long we will stay? Certainly not forever. Recent and upcoming improvements have been an exciting step towards our larger goals, be assured that we are confident in the long term that our plans will benefit our members who expect ProfitsAddict to be a `Blue Chip` in their investment portfolio.” I was paid again from ProfitsAddict my 15% for the day and it was fast as usual so I can still recommend this program to you. Read the interview with ProfitsAddict admin here for more info!

I hope you find my blog useful and if you do please bookmark it or subscribe to it as I update it on a daily basis. New updates, reviews and interviews are coming next week so stay tuned!