Given the latest update from vitual mike,seems like SC is using the the same technique as SI did. New programmes and October payouts.
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Given the latest update from vitual mike,seems like SC is using the the same technique as SI did. New programmes and October payouts.
YOU ARE WRONG AGAIN.
Chinese Bank Gateway Is BACK Now.
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pinetree
SCAM FOLDER
Solid-Investment II
Yes , once again you are wrong and another one of your programs is bitting the dust. They are now trying to sucker with , your and others help , the last remaining money they can from the innocent victims Pimped outside of the of Malaysia , Indonesia and Singapore.
They've pulled a Solidinvestment smoke & Mirrors ploy in the middle of the night and transfered most investors E-Points into a Phony Solidinvestment VIP-Like Program , called ( ACF ) Agricultural Comodity Fund. Nobody can cash out thru this investment program until October 2007 , just like the Solidinvestment Exist-Strategy Script. This allows for big leaders to make their getaways. Supposedly only members in the Countries of Malaysia , Indonesia and Singapore were effected , but low and behold , we find out that it has been reported that , if you were one of the bigtime Gamers , your E-Points were NOT effected by this sudden change.
In actual fact you are free to sell E-Points to new members outside those countries into the new (SIP25) Swiss Investment Plan 25%. Here an investor earns 25% per month ( 30 Days ) for life. Others are simply stuck and left behind. So who are these privilaged few who were allowed to keep their E-Points ??????
Well , Serene Chea , for one. Oh yes , notice this quote from one bigtime leader telling members where to buy E-Points . This is a member over at the MMG Forum on April 8th.
This was in response to a question someone had as to a prospect who wanted to buy 10,000 E-Points and dump it into the new SIP25 Program. How does he know she has this ?????? Because she is his upline in this Ponzi.Quote:
Originally Posted by Swisstalk
Once again we can all look forward to the Debate with Pinetree as to Swisscash/SwissMutualFund's re-imergence into the HYIP World.:toofunny: :rofl: :toofunny: :rofl:
Giday , Mates :ro_emote:
YOU ARE WRONG AGAIN!
Quote:
"HOW DOES IT WORK?
You purchase (minimum 100shares) a number of shares in ACF to become a shareholder. The value of your shares goes up or down according to the ACF net asset value. Shares are valued every hour or so.
You sell a fraction (minimum 10 shares) or all of your ACF shares at the quoted sell price at anytime you want."
Unquote:
Wow you must be one of the special Pimps who was allowed to keep their E-Points . Be Careful. The Governments are closing in on this Illegal Scam. Too many little people have been cheated in this one to allow it to go un-noticed. Now the big Pimps are trying to start fresh again before running.
Stay tuned:ro_emote:
Seems the promoters of SC are deleting their blogs and sites. Could this be because some members are taking action against their upline for refunds ?
Most of the exchangers have disappeared now too.Even the websites down.
New charges against SC in China. No surprise really.
Please read the following post found in other Forum.
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Quote:
Monday, August 20, 2007
News: Philippines Arrests not Swisscash
Amongst one of the shoddiest pieces of news coverage I have come across this year, here is one article related to the issue.
Article Index - INQUIRER.net
A lot of rumours and emails have been sent around stating that Michael Mansfield (of Swisscash) has been arrested etc, in the Philippines.
Let's make a few things clear. Charges (and only charges) were made because certain parties mistake Francswiss to have real affiliations with Swisscash. So, SC's name got marred because of the Francswiss Scam. This is a similar scenario to the one in Malaysia a few years back with the Datuk issue.
Arrests were made (and notice who of) on "Francswiss Investment officers" in Asia. They were Roger Smith, the British chief operation officer of FS Investment in Asia, Bensy Fong, the Singaporean officer; Raymond Chua, Singaporean marketing officer; and a certain Michelle and Mike, Filipino secretaries and collectors of money from investors. There were also charges against 16 investors, including arrested Eleazard Castillo, who allegedly lured others to invest in the (Francswiss) scheme.
I heard about Ely from Filipinos. Francswiss was run by some Sporeans and Filipinos, by attempting to copy off Swisscash (their attempt was lame and far inferior).
Now, more importantly, those 'officers' arrested were a/. from Francswiss b/. not Michael Mansfield and the SC crew. Clever play on words by Francswiss tho' with the Swiss cash being a franc. lol...
We'll see how the development goes, but as it will be in Malaysia, Swisscash prevailed above all other scams, because truly, adversity shows the true character of anything or anyone.
Unquote:
"The Truth Will Prevail Sooner or Later". No worry for SwissCash.
Going from bad to worse !Quote:
Police bust biggest online pyramid scheme
By Winny Wang 2007-8-30
SHANDONG police have cracked China's biggest online pyramid sales scam, which involved 170,000 people and 1.36 billion yuan (US$180 million), the People's Daily reported today.
Prosecutors have accused two suspects, Wei Lixin and Chen Yong, with running the pyramid selling scam, the report said.
An unnamed resident told the Industrial and Commercial Bureau in Taian City in May that someone persuaded him to invest 8,000 yuan in a "Swiss Mutual Fund" and promised a 400,000-yuan return after 30 months, the report said.
Taian law enforcement department found the so-called "Swiss Mutual Fund" was never registered with the China Securities Regulatory Commission, the Ministry of Civil Affairs or China's central bank, the report said.
After investigation, local authorities found the participants earned money by drawing profits from lower-level participants, which is the same mode of pyramid selling, the report said.
The suspects confessed that they charged 8,000 yuan from each person and the sum totaled 1.36 billion yuan, the report said.
China's Ministry of Public Security busted more than 17,000 illegal pyramid schemes worth 10 billion yuan in the first half of this year, and about 16,000 suspects were caught.