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#1
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I am really surprised you got involved in this Zybomb. This screams SCAM, and that's without me even doing any further research like sjay did. It's just one red flag after another. I mean - it just doesn't make any sense. Try thinking about this from the other side (from the business side) and see if it makes any sense at all. This is not a business model for a legit company. It's a business model for a scam organization.
JD - Do yourself a favor... if you are seriously considering throwing $20k at this, give it to me instead. Then in 6 months, I'll send you $10k back instead of $0, and it will only be a $10k lesson learned, instead of $20k. Zy - please try to get your money out. I suspect you won't be able to get anything, but if you can get your $5k out (with or without that "return" you are claiming to have received (I suspect it's only on paper and not actually money in your hands)), do it. |
#3
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Ok sorry I brought it up. Please disregard/delete whatever...
FYI, I purposely withdrew the first months profits rather than reinvest them and received them (albeit it took time). I also waited two months to bring this up for a reason. But yea, disregard delete whatever
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"Most of the money you'll win at poker comes not from the brilliance of your own play, but from the ineptitude of your opponents." Last edited by Zybomb; 11-05-08 at 03:00 PM. |
#4
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Disregarding is good, but I see no reason to delete. IT serves as a warning for others.
Also, please post after you try to actually get your $5k back and let us know how that goes. Maybe you will be one of the lucky ones. |
#5
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Sure...
As a last point, I want to reiterate that I purposely waited 2 months before bringing this up, one month to withdraw funds (so they are not just paper money) and the second month to see additional results/receive the funds, so I could at least personally vouch for some of this rather than just having the word of a 3rd party. I received my share without problem...if this were a scam why would I receive anything back at all? I obviously wouldnt have brought this up if I had doubts. I don't want this to drag on, so let's just kill this thread here If you'd like when I have my initial investment returned I'll bring it back up, or if I dont I'll bring it up also...regardless sorry i brought it up
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"Most of the money you'll win at poker comes not from the brilliance of your own play, but from the ineptitude of your opponents." Last edited by Zybomb; 11-05-08 at 08:48 PM. |
#6
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Not saying this is a pyramid or ponzi scheme but if you receive nothing they got your money. If they pay a little out they get your money and get you to get them more money.
Not everyone loses money in these schemes. Some people get there money out after the first interest payment. But they count on peoples greed and love of an easy buck to try to make more and recruit more people. There is a show on MSNBC (i think it is msnbc could be cnbc) called American Greed that is full of these scams. It is a pretty good watch and you see some normally very intelligent people falling for some obvious scams. There are also a lot of dummies on the show to but it shows people from all walks of like have greed in common.
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Rompin and Stompin Last edited by jillaj; 11-05-08 at 10:11 PM. |
#7
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Exactly.
Think about it from the "company's" side. Pretend you were going to set up a scam like this. What would you to to maximize your revenue? Would you steal the first $100 that comes through the door and then game over? Or would you set up a scam that rewards people for getting more people to send you money, paying out interest now and then and even paying off some customers in full in the beginning (with the "slow to show up" deposits), all the while watching your bank account grow? Then, when the money coming in slows down and the requests for money going out surpass them (or when the heat gets turned up by law enforcement) - THAT is when you close up shop for good. This is why I am suggesting you get your money out now, while MAYBE you still can. But I know you really want to believe this isn't a scam and this company can magically trade Forex (note how that pick an exchange most people aren't very familiar with, not like stocks and bonds or something) and guarantee profit month after month, so I wouldn't be surprised if you let greed get the best of you and "gambled" with your $5k. Please don't refer anyone else to this though - here or anywhere else. Just because this hasn't all come crashing down yet doesn't mean it isn't an elaborate scam. Believe me, it is. |
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