The message below may effect many, now and in the near future. I am posting it so you are aware of what is happening online in the world of High Yield Investment Programs.
If you are a member of a program that has stopped paying this may very well be what they are dealing with. This is not good news for any of us online.
Sincerely,
jodyaz
More on the Investment online programs... The situation ...
There is a very scary thing happening in HYIP right now. At first, you think it is a good thing, but then you realize that in fact, it is not a good thing at all for the majority of people that participate in HYIP programs.
There is a group (or possibly groups) of people out there that are using an attorney by the name of Michael Bruzzese
The Bank Tower, Suite 1008
307 Forth Avenue
Pittsburgh, PA 15222
Tel: 412-281-8676
Fax: 412-281-8046
[email protected]
who is getting court orders for egold to freeze accounts of any HYIP he sets his targets on. He has frozen the accounts of RJHI, Solid Investment and VIPInvest to name a few.
What happens then is he has rights to claim the funds in the accounts, and any corresponding account, for his clients. This means they stop the program from paying, they get all their funds out and the rest of the members get little to nothing. The program can no longer pay out and there may not be any remaining funds for anyone else to get anything back.
While it seems like it is good that the guy can stop "scams", is it really fair that they do this to programs that are paying and that they recover funds only for their own clients leaving everyone else with no chance whatsoever of seeing money back?
Frankly, it seems to me that now there is another huge risk in HYIP beyond the risks we all are aware of in the first place (we all know that HYIPS are a gamble and high risk). The new extra added risk is that your fellow members are going to use this attorney to close the program at any moment, even when it is still paying (as was the case with VIPInvest).
So beware, because now the "good guys" are no longer on YOUR side either.
Below is what Lucki of RJHI had to say about it.... and she is right.
Now we have to watch out for the outright scammers, honest admin with good intentions who are simply unsuccessful, ecurrencies shutting down without warning, and certain fellow program members who have a lawyer in the family ready to get a court order to freeze accounts at any moment. Spending to any HYIP right now is more than just high risk gambling, it is simply suicidal.
