Showing posts with label HYIPs. Show all posts
Showing posts with label HYIPs. Show all posts

Monday, July 30, 2012

Invest Foria Ltd GB scam – A sad end to a promising HYIP?

I know many will still find it hard to believe that Invest Foria Ltd GB has scammed. InvestForia scam was not suppose to happen now, in just a little over 60 days of online operation, many are wont to say. But who can blame the investors, when the company held so much promise?

Invest Foria Ltd is a United Kingdom registered company which joined the HYIP world with a lot of promises. Flaunting their UK company registration number – 08060358, and suggesting to those who dare to confirm their credentials with Dun & Bradstreet, Invest Foria Ltd GB, like a confidence trickster, managed to lure many unsuspecting investors to their nest. In an unusual move, and as if doubting if those credentials will truly sway the investing public, InvestForia Limited also flaunted an identity assurance warranted up to $250,000 by Comodo.

Those driven purely by profit motive were assured a steady 2.8% daily profit for 60 days with principal returned at the end of the tenure. To buttress their point, InvestForia Ltd ensured almost instant payments of earnings through Liberty Reserve while the honeymoon period lasted. Such was the efficiency of their service,  that a gale of acceptance swept across the HYIP world in their favour, resulting of course in more funds sent their way.

To the unsuspecting investors, Invest Foria various compounding range of options was to enable them earn more profit, however, the as the turn of events revealed, Invest Foria Ltd GB was obviously more interested in trapping investors returns to maximise their profit when they scam.

The early sign of InvestForia potential scam was when they capitalised on the Solid Trust Pay service problems to deny investors on that payment processor their earnings. The signs became even more worrisome when the usually instant withdrawal through Liberty Reserve became hap-hazard, to the extent that some withdrawals on that payment platform were sent, while others were simply flagged as pending payment - a ploy  known as selective payment by HYIP veterans . The fact that InvestForia was approaching an end of its first 60 Days cycle when those issues surfaced made it all the more suspicious, that Invest Foria looked set to cut and run.

While members waited for their pending withdrawals to hit their payment processors, Invest Foria Ltd, in perhaps another brazen attempt to further inflate their coffers, sent their teeming investors the following convoluted mail:

Hello, dear members.

InvestForia reached 25000 investors few hours ago, to celebrate it we are adding 2 more plans for limited time only. New plans will be available only for few days or weeks. Deposits you cane make only trough Member area deposit page.

New Plan - 135%-150% after 5 days

Plan 1 $500.00 - unlimited 135.00%
Plan 2 $3500.00 - unlimited 150.00%

Please also check our high position in Alexa.com ranking, we are not the best and most popular investment program online.

Best Regards

Perhaps more intriguing is the HYIP Monitors' conspiracy in the scam. As at the time of writing this blog, some monitors still have InvestForia status as PAYING,  even as many investors roundly complained of not receiving payments from the UK based company as far back as 6-8 days earlier. The jury is still out whether those HYIPs monitors are in InvestForia payroll or not!

However, the pressing questions are: Is InvestForia Ltd GB indeed a UK registered company? Does the UK Law permits registered companies to source funds from investors, and cut and run? Of what value is the identity assurance issue to InvestForia by Comodo? Is Comodo in away complicit in bequeathing them this identity assurance? What options are left for those who lost money to InvestForia Ltd GB hype? Or should they simply move on and accept it as another HYIP scam? Or will InvestForia Ltd perform a volte face?

Thankfully (or hopefully), many HYIP investors keep the golden rule: Never Invest what you cannot afford to lose. It's high time though, NEVER trust any HYIP is added to this golden rule.

Related Topics:

Why do HYIPs Scam?
Can you recover lost HYIP fund?
Can HYIP investment be insured?
Learn winning strategies of HYIP
How do I cash out my HYIPs earning?
Should I compound my HYIP earnings?


Thursday, July 12, 2012

HYIP - An Investment or a Gamble?

"HYIPs are scams, and Ponzi schemes" is usually the first reaction of most neutrals and skeptics when posed this question. In over 90% of the times they are right. Most long lasting and seemingly stable HYIPs eventually go bust. The cyberspace is indeed replete with many 'good' HYIPs that have eventually turned sour. However, some of these HYIPs ran long enough for some of the investors to recoup their initial investment. Unfortunately many will also lose the money they invested in HYIP when the inevitable happen.



Now the answer to the question: "Is HYIP is an investment or a gamble?" depends largely on the psychology, motive, and strategy of the individual HYIP investors. Bearing in mind that all HYIP will eventually scam (or so I believe), the onus lies on the HYIP investors to align his/her entry and exit strategy with this inevitability. So in essence, while most HYIPs will eventually go bad, your approach, manner and investments strategy will determine if you will profit or lose, and by how much.


Armed with this and other information, and of course some funds I can afford to lose, I have formulated a plan to make my HYIP adventure a profitable one. In the next blog, I will be sharing some of these strategies with you.

Related Topic
Learn winning strategies of HYIP
Learn how to invest in HYIPS
Learn how to spot a good HYIP
How to secure your HYIP earnings
Why do HYIPs Scam?
HYIP Monitors Review?

Wednesday, July 11, 2012

What is HYIP?


Defining or explaining what HYIP is, depends on where you stand on the global HYIP debate. Let's look at these two attempts at defining of HYIP:

Wikipedia defines HYIP as:

A high-yield investment program (or programme), HYIP, is a type of Ponzi scheme, which is an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors.
According to WiseGeek.com,

HYIP stands for High Yield Investment Program and is a way for people to invest money into high yield, high risk markets who couldn't normally do so on their own, usually because they lack the initial investment funds. A HYIP pools money from investors together and uses the funds to invest in these markets; investors receive a portion of the return on their investments over a pre-designated amount of time. Most HYIPs pay interest daily, weekly, or monthly over the Internet. While some HYIPs are valid investment tools, a majority are actually one form of a ponzi scheme.

These definations are enough to discourage the faint of heart from parting with their hard earned money. But HYIPs have come to stay, and might stay for a long time. And, perhaps, drawing encouragement from the last sentence of WiseGeek definition - while some HYIPs are valid investment tools, a majority are actually one form of a ponzi scheme, the not-so-faint-of-heart might want to take another look at HYIPs with the view of taking informed position. That is my intention - to attempt to separate the wheat from the chaff, and enjoin the wheat before it get bad.

Investing in HYIPS is not for the faint of heart, and should NEVER be attempted with money you cannot afford to lose. So how do you separate the wheat from the chaff? How do you determine a good HYIP? My next blog will attempt to answer these questions.


Related Topics
Learn how to spot a good HYIP
Learn winning strategies of HYIP
Learn how to invest in HYIPS
Why do HYIPs Scam?
HYIP Monitors Review?
Can you recover lost HYIP fund?
Can HYIP investment be insured?

Tuesday, July 10, 2012

On e-Money Trail is back, and better…


It is refreshing to be back online to continue sharing my experience of my adventure in the elusive or exclusive world of online money making. Those I have disappointed with my unceremonious break, I tender my unreserved apologies. Indeed maintaining a blog is a no mean task I must confess.


Nevertheless, while I was away, I did not relent one bit in my quest for online money. During that time I lost a few money online myself in my (un)holy grail quest, when I ventured into the flip-flop world of FX Trading. The tales of that escapade is a story for another day.


However Aluta Continua… Victoria Ascerta, as they say. This saga continues…


My quest for online money has now led me to a minefield, yes you heard it right - minefield, not a goldmine. Anyway, I believe if I can navigate this minefield successfully, I might just hit a goldmine. The operative word here is ‘might’, as I could very well get blown into bits and pieces – not literarily though.


My quest has taken me to the dangerous ground of HYIPs – High Yield Investment Programs. Before you warn me off “SCAM”, and “PONZI schemes”,  be very much aware that I know the risk, the challenges and potential, and I am already knee dip into it.  I have already signed up in a couple of  HYIP viz:  InvestForia, Silver Structure, and Safe Risk. Wish me luck as I try to gulp from the flowing water of HYIPs – High Yield Investment Program.



As this blog is a social experiment, and personal experience blog, I shall continue to throw myself in the line (of fire) to unravel the secrets of online money making.


Fasten your seat belt, and enjoy the ride, as the next few blogs will dwell on my adventure into the elusive world of electronic and online money. Let's go there...


Related Topic
Learn winning strategies of HYIP
Learn how to invest in HYIPS
Learn how to spot a good HYIP
What is HYIP