Archive for the 'Confirmed Scams' Category

Capital Enhancement Club, the Anatomy of a HYIP Investment Scam

On May 4, 2005, the United States Securities and Exchange Commission issued a Temporary Restraining Order and froze the assets of Capital Enhancement Club (CEC) based upon a preliminary showing of securities fraud (complaint). Larry E. Cook was appointed the Receiver and the site www.ceclubreceiver.com was set up as a reference for investors.
Two and [...]

Rolfund - Investors Misled

We do not suggest anyone signing up on this site or investing any money with Rolfund . You will never see your money again. The last news update from Chris the admin is as follows:
Withdrawals suspended Indefinitely
Withdrawals suspended Indefinitely
Due to The US Government Indictment Against E-GOLD Our payment Processor
ALL withdrawals are suspended Indefinitely.
All [...]

Global Online Direct in Receivership

It is unfortunate that GlobalOnlineDirect is now confirmed as a bona fide scam by the SEC. The government litigation has now put the businesses of G.O.D. into receivership. When visiting the site, one is redirected to the Grassmueck Group which is the appointed Corporate Monitor. You will find all the details [...]