In April of 2008, we wrote about HugeROI and their plans in revamping the website and offering their own in-house investments to the members. A year later and the contents of their homepage has not changed, except for the announcement that the “new HugeROI is around the corner”.
If you missed it, the revamped website [...]
We wrote about the litigation initiated by the SEC against GlobalOnlineDirect a year ago in July 2007. As predicted, when the government gets involved issuing a cease and desist order for these types of online “investments”, any hopes of recovering lost money for the majority of the investors is only wishful thinking. [...]
It is official. We are putting Worldlpp.com and Worldlpp.net into the scam category. Numerous attempts to contact the admin, Conrad Addison, and the company itself have been fruitless. It appears that the program had run away with the investors’ money, shut down the sites and no longer communicating with their investors.
The last [...]
We are not going to rub it in or said we told you so. Really, we are not laughing at the duped “investors”, but feeling a bit saddened. How many times should one lose their money with some pie in the sky promises before one realizes that an online investment is too good [...]
Is it just me or does the name AcmeInvestor.com conjures up thoughts of Wiley Coyote from the kid’s cartoon, “The Road Runner Show”? If I had not known any better, I would have thought that this site might have been the rebirth of the PIPS scam if the names were substituted.
Does the concept sound [...]
Investors are advised to be prudent in making any decisions on investing with a company called SwissCash and SwissMutualFund. Should you run across their sites online or get invited (referred) by current members of this investment to join them, please consider the facts in the next few paragraphs. There are many red flags [...]
The birth of the HYIP scams seem to have started during the late 90s with programs such as “Omega” and “Destiny”. Many promises of high payouts in secretive bank debentures and “prime” bank investments. Most of these scam artists were eventually indicted and convicted for numerous charges, but came a little too late [...]
