HYIP GUIDE

Agro Bank Review

2007-01-20T23:14:00.000-08:00

Agro Enterprises began its operations on a small scale by exporting and trading in Marine Products, having headquarters in a country in South East Asia. Today, Agro Enterprises is a leading company engaged in the exporting, trading of Agro Commodities. The company is also involved in the producing of Fishmeal and Fish oil. The company was established in the year 1990, under the able guidance of a young entrepreneur. The prime concern of the company is to provide superior quality products to our clients to attain the maximum customer satisfaction from our esteemed customers. We ensure high quality, timely delivery and the excellent customer service to our clients.

With Exports being the main thrust of our business interests, we export fish fertilizers to Europe and Middle East. Our other business interests include the importing of timber and plywood which operates under the name of Agro Group.

We established Agro Bank to fund our businesses in agro industry and with the profit of above 100 % per month, we can share profits perfectly well. All your money will be invested in these businesses and we are certain this business will run well in long term period. All your money will be transferred directly through e-gold every week day, Monday to Friday. Thank you for the investment that you have made.

Spend your Deposit to E-gold :3970085 (Agro Bank)
Minimum deposit is $2 Maximum deposit is $100 per day-$3000 per month
Please include your valid Email address for our reference !

Visit Now

12 Daily Pro Mastermind Back in Business

2006-04-21T02:42:00.000-07:00

Charis Johnson is at it again. The woman behind 12 Daily Pro who left hundreds of thousands of investors out millions of dollars, has put out her single on a new internet site: www.startupst.com. Startup Street promises to teach people how to be web entrepreneurs making millions for themselves. For a consumer to join, is costs nothing just a lot of personal information and a stream of websites and advertisements along with surveys about those site. This will allow Johnson to create profile that could be much more lucrative than mere membership fees.

ABC 4 asked a West Valley mom and former 12 Daily Pro investor to look at the site, sign-up and then tell us what she thinks. The first thing Debbie Nelson noticed was the layout. The colors are different, but taken as a whole the Startup Street site looks a lot like the 12 Daily Pro site. About the more detailed questionnaire required at sign-up she said, "This is a little bit scarier this time."

Besides the Consumer Lane, there is also a "Business Boulevard" that does require a modest monthly fee.

The program as described is vague. Consumers apparently earn points for viewing the ads and answering questions. Those points can eventually be redeemed for unspecified "awards".

But heres the real bombshell: While promoting her new program, Charis Johnson blasts her old program.

Once the queen of the auto-surf industry, here's what she's saying now:

"If you are currently participating in online surfing programs or riskly high-yield investment programs, the reality is 99% of these programs will fail because they are illegal, run by the unscrupulous or not meant for long term viability. Either way, if you entrust these types of programs with your financial future, you will be sorely disappointed. We want to help you eliminate the need for such risky ventures and give you a sense of pride for accomplishing success on your own terms. You need to take the power to control your destiny out of the hands of those programs and into your own."

"Thats really sad," said Nelson. "Most people are not going to come to this website knowing that this is the same person who started up 12 Daily Pro. She said, "If I wasnt helping [ABC 4], I wouldn't touch this with a 10 foot pole!"

Charis Johnson remains under investigation by the FBI. And her former program 12 Daily Pro and its parent company, LifeClicks LLC, remain under the control of a receiver appointed by a Federal Judge.

The Securities and Exchange Commission is also looking at civil penalties against Johnson and could require that she give back the money that she took from 12 Daily Pro investors.

To check on the federally-apointed receiver's investigation of 12 Daily Pro, log onto: www.tlennonfor12dailypro.com.

Story by: Brent Hunsaker
brent@abc4.tv

Warning Signs of a closing HYIP?

2006-04-14T05:43:00.000-07:00

hat are your personal warning signs of a diminishing HYIP? What do most of you pull out?

I know some people wait until the admin starts slacking on the communication..others wait until the total withdrawn is over 50% of the total deposited.

Admin announces "We're going private/We're moving to a new server" a few weeks in advance of the "private/move" date.

Another one is when total deposits crack $200K.

Announcing a convention....
Announcing a special (Higher spend/higher ROI)plan....
A lot of advertising...
forum trolls posting paid when the program has had payment problems/complaints ....
A d-dos attack ....

and so on....

Exhibit: Quatloosian HYIP Programs

2006-03-28T21:47:00.000-08:00

How do we make money? Easy! We only one a lousy one (1) Quatloo for every million Quatloos that you'll be making on these transactions. That's a low margin, but we figure with these high-paying, sure-winners you'll be making so much money that we'll be able pick up a couple of hundred thousand Quatloos here and there.

They only get paid if you make at least 20% profits by trading in U.S. Treasury Notes and bank debentures. All funds held in safekeeping and not at risk and only used to leverage much larger investments -- U.S. Reservation Bank & Trust, Higher Investment Technologies, Inc., Global-Link Capital Markets, L.L.C., Edward J. Driving Hawk, Sr., Leo Driving Hawk, Sr., John M. Adams, Edmund J. Smedley, Kenneth S. Harrison, William J. Herisko, Thomas T. Emerton, Defendants, and Oyate Development, Inc., Oyate Enterprises, L.L.P., Oyate Trust, River Walk Development, L.L.C., Ringthunder Racing Stables, Inc., HPHC, Inc., James R. Driving Hawk, Orpha Jane Johnston -- More Info
Make 4% per week for 40 weeks up to 160% per year with this once-in-a-lifetime prime bank securities program that is risk free -- Terry L. Dowdel & Co. -- More Info
Make 24%-60% in one year trading instruments with the top-50 European Banks. This program is safe because it is run by a couple of people who hold real, verifiable securities licenses from the NASD and work with major firms -- Ellsworth Wayne McLaws and Alan Clagg -- More Info
Program earns 48% to 120% per year trading with the top European banks, and has already raised $98 million from 1,300 investors -- Resource Development International, LLC, David Edwards, James Edwards, Jade Asset Management, Ltd., Sound Financial Services, Inc., Intercostal Group, LLC, Intercoastal Group II, LLC, Kevin Lynds, Gerald J. Stock, Blackwolf Holdings, LLC and William Whelan, Defendants and Pacific International Limited Partnership, International Education Research Corporation, Galaxy Asset Management, Inc., and David Cluff, Individually and d/b/a Rivera Trust 410 -- More Info
Best returns! Earn 1,000% annually risk-free in high yield investments in offshore accounts with one of the only six traders in the world capable of pulling off these trades -- Harral Dunbar, Jr., individually and d/b/a Ghost International -- More Info
Generate 48% to 84% returns per year trading with this unique offshore trading program -- Joseph Lloyd Norris, Mark Gray Coleman, Magellan Communications Group, LLC, and Northern Lights Financial, LLC -- More Info
Safety in bonds! Very high-yield corporate bonds pay 30%-40% every ten days -- CDH & Affiliates, Inc. and C. David Hallman -- More Info
Outstanding HYIP program pays 100% returns per week by selling letters of credit at a discount -- Clif Goldstein, formerly known as Clifford Dixon Noe, Paul Howe Noe, also known as Paul Noe Randall, Carolyn M. Kaplan, Noel Alelov, Russell B. Gerstein, Nuell W. Paschal, Great American Trust Company, Inc., and Great American Trust Corporation, Inc. -- More Info
Licensed stockbroker will make you rich leasing U.S. Treasury Bills and then depositing them into a trading program -- Brian A. Schmidt, John Aristotle Dilworth, II, and Euro-Atlantic Securities, Inc. -- More Info
Secure Private Placement Program will generate risk-free returns of 20% to 25% per week trading in highly rated financial instruments -- Lewis J. McConnell, Jr., Ned L. Huggins, and Gregory T. Wood -- More Info
All The Way To The Top trading program sells mid-term notes on the overseas market for a huge gain and high returns to you -- Philip J. Yoder -- More Info
Get 20% per month for 13 months in Tri-Star's bank debenture trading program and invest in other international opportunities too -- Louis M. Lazorwitz, J. Charles Reives, Tri-Star Investment Group, L.L.C. a/k/a Tri-Star Investment Group, Defendants, and Lazor, Ltd. -- More Info
Make 80% annual returns trading in medium term bank debentures of the Top 25 western European Banks -- Earl A. Abbott, Richard L. Stalvey, Glenn Perdue, Robert E. Gerwin, Kenneth C. Nunn and Thomas J. O'Keeffe -- More Info
Can't miss HYIP program generates 13,000% returns trading in bank debentures, medium term notes and other prime bank instruments. These programs have been approved by the SEC and the Federal Reserve -- Lytle E. Fogelsong, Thomas Gregory Cook, James H. Malbaff, and Malbaff & Cook -- More Info
High Yield Investment Program guarantees 100% per month profits by providing access to short-term bank debt instruments that can be purchased at a discount and sold quickly for a profit without risk -- John C. Willy, Jr. -- More Info
Guaranteed by well-known European banks! Returns of 120% per year! -- W. David Blunk, Jr., Aubrey John Elam, Jr. and Stanley C. Eaves -- More Info
Hot market in medium-term bank debentures issued by major money center banks in the U.S. and western Europe. By pooling interests together investors will get returns of 4 percent per week for 40 weeks -- Terry L. Dowdell & Co. -- More Info
Trading program in foreign bank instruments will provide returns of 1,000% annually -- Highland Financial Corporation -- More Info
Prime bank scheme will make you rich! -- James R. Harrold, Franklin Management and Consulting, LLC, Accipter, LLC, Franklin Asset Management and Consulting, LLC, Franklin Management and Consulting, Inc., and Concord Development Group, LLC -- More Info

The programs which follow offer only the freshest-cut, deepest discounted bank debentures, treasury securities, and mid-term notes. These are sure-thing, can't-miss programs that are backed by our Prime Banks, and in many cases the Federal Reserve and Lloyds of London. But please keep all of this a secret: The Government doesn't want you to know about these programs that will make you rich just as they did they did the Morgans and Vanderbilts of the world. Hey, you don't even have to give these programs your money, just deposit it in one of the Prime Banks and it will be completely safe. It's only because of the offshore off-balance sheet financing that you have to put any of your Quatloos up (and even they aren't at risk, as these programs are 100% risk-free and guaranteed to be successful). And we promise you that the people who run these programs are one of only six people in the world who can make these trades happen. So invest early, and invest often.

No hyip can be trusted .............

2006-03-16T14:00:00.000-08:00

I don't think are they all scams, however a lot of them, if not most of them are. Some HYIP's are actually run by honest admins and sometimes fail because of bad management. Others can fail by external events that affect them like hacker attacks or something like that.

What I will say is that they are all very high risk. You are basically trusting your money to an admin you know nothing about, and have no control after you give it to him/her. Even if it is an honest admin with the best intentions this is very risky, since you don't know about this person's ability to manage money, let alone a big business like an HYIP.

My two cents!

EMO Close Operations and Attorney Greg Abbott has obtained an asset freeze and emerge

2006-03-13T15:13:00.000-08:00

Attorney General Abbott Files Emergency Action To Protect Clients Of Unlicensed Online Payment Service
EMO Corp. and officers cannot account for $2.4 million in customer cash

AUSTIN - Texas Attorney General Greg Abbott has obtained an asset freeze and emergency approval for a court-appointed receiver to take over the operations of unlicensed Austin-based online payment service EMO Corp.

The company and its officers, Todd L. Tredeau, Tracey Jones and Nancy C. Humphries cannot fully account for more than $5.4 million that consumers placed into their accounts. The company’s books show they have only $3 million cash on hand, which means EMO cannot account for $2.4 million belonging to its customers. The officers failed to register with the Texas Banking Department and obtain a license as a “money services business,” as required by law.

Media Links

Sample EMO Corp. web pages
Attorney General\'s lawsuit against EMO
Temporary restraining order against EMO

“These officers must account for their outrageous mismanagement of consumers’ money, which they promised would be secure,” said Attorney General Abbott. “The court’s appointment of a receiver to seize control of this company’s assets will provide an opportunity to determine where this money has gone.”

The company’s Web site, www.emocorp.com, touts the service as a safe way to conduct financial transactions online, as a service to assist consumers who are recent victims of fraud and businesses that handle payrolls.

Consumers who open accounts with online payment services can deposit money into their accounts via credit cards or bank transfers and expect instant access to their accounts. The consumer uses the service to send or receive money to and from other members via electronic transfers. According to information given to the Department of Banking by EMO Corp., the company has a current customer base of 17,000 nationwide, with 6,000 of these in Texas.

The Banking Department denied EMO a license for failure to meet minimum net worth requirements of $500,000 and other statutory requirements. Furthermore, according to the company’s own financial statements presented to the Department of Banking, the company is insolvent.

Upon investigation following the asset freeze, the Attorney General will seek restitution to any consumer harmed by these transactions, as well as civil penalties and attorneys’ fees.

If a program is making money legitmately they don't need to get new cash infusions on a daily basis.

2006-03-05T10:05:00.000-08:00

If you post your top 5 or top 10 list of favorite programs with referals then I consider them null and void.

If I really like a program and trust it I don't need to get paid to advertise it.

Any program that realies on referal programs is a scam. Case closed.

If people are making money from your program why the need for the referal (multi level ponzi) scheme?

The best programs don't have referal programs for need them.a reason- they don't need them.

Authorities in the USA Slow to Act Againts Ponzis

2006-02-26T04:36:00.000-08:00

I was just curious as to why the authorities in the USA are so slow to act vs. ponzis.

If I was head of the FBI or something like that, I'd like to think that I'd run things like this. Many people have suspicions of a ponzi scam, then I would dispatch agents immediately to investigate. The agents would say: "show me your books". This would pretty much immediately let them know if the organization was a ponzi or not; wouldn't it?

If it was a ponzi, then I'd make them stop operations immediately and take the owners into custody and let the judicial system throw the book at them.

Doesn't this seem to make more sense than the current system of letting ponzis operate for many months and/or years on end?

I don't understand why in this day and age of high technology and enlightenment that ponzis can't be shutdown immediately?

Seriously, What HYIP program works??

2006-02-25T14:45:00.000-08:00

HYIPS are basically set up that first ones in make money, last ones in lose out. You take a risk being on of the first ones in, though, because some programs are setup solely to take that opening cash and run before the program even takes off good.

This is the first way to lose. If the program actually starts paying out, as soon as investors slow down, the program will go down because it cannot afford to keep paying. What you are looking for is a program that is fairly new and has just begun to pay out. Get in but don't stay too long. It's all a game, much like poker. You play your hand and with a combination of luck and skill, you hope you win more than you lose. I'm just learning too, and losing is part of learning to play the game. Good luck to you!!

Top 10 HYIP Mistakes ebook

2006-02-24T01:34:00.000-08:00

Free Top 10 HYIP Mistakes ebook

I've been in HYIPs for almost 2 years now. So I've decided to put together a list of the top mistakes that I've made and how to avoid them.
I hope you enjoy it :)

Download Here

Programs that are NOT ponzis

2006-02-22T08:59:00.000-08:00

Someone suggested that we make a list of all ponzis, but to me it's seems much easier to try to make a list of all the programs out there that are most likely not ponzis. So here's the ones I can think of off the top of my head:

Forex programs: The following programs invest your money in forex:

FXIG.com
4x-Club.com
MCAJ.net
ForexShrineManagement.com

Stocks / bonds / futures / arbitrage etc:

ClubInvest.net
ITS.tc
InfiniteLottto.com
ChartCandle.com
Rawlandgroup.com
MutualWealthAlliance.com

HYIP investment pools: These guys invest in other HYIPs (sometimes ponzis) but because they diversify a lot and because they know what they are doing the risk of losing all your money is greatly reduced.

Private-Investors-Union.com
HyipInvestClub.com/Forum
i-Midas.com
Udachufund.com

And of course some of the programs above can also be accessed via

FeederFund.net

Anyone else? Please do NOT post your referral links in this thread and BEWARE THE SOUL of anyone posting an obvious ponzi. The programs listed above are in my opinion likely to be trading for real. I do not have conclusive proof that any of them do, but nonetheless the signs are good.

The day just not blue anymore... my investment program is going down

2006-02-21T22:56:00.000-08:00

My 12dp is gone although I did make a small profit, very small. I can no longer get access to Goldenrocks so it looks like there on the way out-with my money as well. Everyone seems to think Tingernvest is a scam-so there goes my money. Signed up for an ecurrency course with DXInOne, but they're sucking!

my investment program is going down

NES FACELIFT

2006-02-20T21:42:00.000-08:00

mail from NeverEndingStori Admin :

Please enjoy the new look NES site.

We have now added e-bullion and e-gold to pecunix.

Nix is sort of back.

Our new assistant to Nix is Ujene and he is very clever.

You can thank my daughter for the facelift.

I am trying to find a free coffee site or an mlm coffee site which we
might be able to tap into for NES members, so if you know of one, let me
know.

Have a nice day,

Still working through missing payments due to the chaos of the 2nd week
of Jan when Gold cart pulled the plug.

Its possible that if your registration payment is missing, that you
might have been refunded by GoldCart.

Have a nice day,

Gordon

HYIP NEWS/NOTICES UPDATE

2006-02-19T16:27:00.000-08:00

* 12DailyPro, as an Autosurf, remains in Limbo. Things are not
looking good for the program at all. Charis is seemingly blaming everyone
but herself for the problems, making it into an elaborate conspiracy
theory. There are a lot of rumors flying around about the program, so it's
hard to get any solid facts. CNN, The Wall Street Journal, and many
other local news stations have picked up the story. For more info on
12DailyPro check out their Talkgold forum:
http://talkgold.com/forum/f363-12DailyPro.html

* Stormpay is still up and running. There seems to be many rumors
flying around about this site as well. Many members are getting money
frozen and accounts locked, which is not very encouraging. It looks as
though Stormpay may be trying to redo everythign which 12dailypro has
done, which is pissing off a lot of people. There have been reports that
some members have had money taken from their bank accounts by Stormpay.
Stay tuned, because the entire 12dp/Stormpay fiasco is bound to have
more twists and turns then a rollercoaster at Six Flags.

* The Pips saga drags on despite so many signs that Mr. Marsden is a
crook. It is amazing that people still believe in the guy and are
trying to get donations together to help him out in this time of crisis.
Whatever you do, don't give money to the guy. He has lied to everyone
and deserves whatever he gets. Bryan has made a statement saying that he
will not be posting at rolclub any more until he has something good to
report. I guess it's safe to say he will never be posting again.

* Emails have been circulating stating that Freeland Opps is Back.
Please ignore these emails as we feel it is a scammer trying to take
advantage of the last bits of hope FLO investors had. If in fact it is
Xavier, then thats even more money not to invest in the scammers program.

* StaynProfit has been reported as not paying out. They lasted
approximately 4 months and paid 1.3% per day. The admin has not given any
sort of update as of yet.

* The following hyips have had their hosting accounts suspened:
Halnex, SkyGroup Traders, Referral Hyip, and Win Hyip.

* The Following Programs have been reported as not paying:
Reinvest-Bank, Love4hyip, Spain Hyip, FX Union Corp, Gold Generation Club, and
Arabian Online Inc.

* Autosurfs.net has made a lot of changes to their unique autosurf
rating and monitoring site. Their site is 100% free for admins to list,
and the site incorporates ratings and monitoring into one site. The URL
is http://www.autosurfs.net

* HYIP101 has added a lot of new features to their phenominal e-book
that they have written on HYIPs. We highly suggest purchasing their
e-book if you want to really make money on HYIPs. You can but their
e-book at:
http://www.hyip101.com/go.php?r=3&l=uggc%3A%2F%2Fjjj.ulvc101.pbz%2F

Looks like they would rather take 12daily down than pay them

2006-02-05T04:10:00.000-08:00

Here is my support ticket and reply from stormpay.

Netiba and stormpay Waiting Time: 11h 25m | ID: 462850

Created by You
04 Feb 2006 02:51 You knew full well what these programs were about and its only since members started getting paid that this anti ponzi movement started. When we were all getting scammed no one cared. You are far worse than they are. And you are telling lies in your email. I want a refund of my netiba money. I have had no letteror phone call and dontwant iit now.

Closed by Pamela
04 Feb 2006 14:17
Your rating:
Currently there are multiple ongoing investigations concerning 12dailypro and other "auto-surf" sites, and the possible victims of these "businesses". StormPay is not free to comment on the details of these investigations but is proactively working with investigators to expedite the investigations and ultimately the return of purchasers monies. Until such time as the investigations are complete, the merchants funds have been frozen to insure the integrity and safe handling of the funds.

At this time, StormPay executives continue to receive many threats from members of 12dailypro.com and other auto surf sites. Members who continue to harass and threaten only cause delays for all parties concerned as arrests will be made for these actions. As threats continue, investigations and final resolution will be delayed.

ABC News has done three segments on 12 Daily Pro. All three segments can be found at the link listed below. Scroll through the links on the right side of the video screen to choose those news articles:

http://www.abc4.com/mediacenter/default.aspx?videoId=36003

Thank you.

Today I heard some sad news

2006-02-03T20:25:00.000-08:00

Yes hyip games go down every day. But today?!!!

So many auto surfs went down. I was surprised at the number of people that do not realize most of these are pure ponzi and decide to quit their jobs and earn fulltime on them. Others wager their house

Let's not blame Storm Pay, let's not even blame KUM or 12DP. Let's own a little ourselves.

How sad it is that people do not realize these things are games and not one's you want your life riding on. I heard people talking of financial ruin, hospitalization with nervious break downs and even the thought of suicide over the fall of these.

Perception people! Suppliment your income maybe? Don't bet your life on it!

WHICH SITES HAVE RESISTED STORMPAY?

2006-02-02T23:31:00.000-08:00

Site and consumer backlash?
Which sites have resisted the Stormpay bullying tactics and stuck with E-Gold and other payment processors? Stormpay has ridiculously high fees for those who don't pay the $20 to join their Stormpay owned NetIBA.

These unfair tactics amount to extortion and may result in a number of sites becoming unstable. Sites depend on a balance of fees in different payment processors to remain viable.

The Stormpay site is down almost daily. Stormpay has been unable to supply debit cards to customers for many weeks now and are hardly reliable. It is expensive for international customers to make a withdrawal. The only alternative is to have a check sent which results in more fees when processed through a bank account.

I would not be surprised to see Stormpay brought before the courts to explain why they have used these tactics in an attempt to gain a monopoly for their group of sites.

I will now only promote sites which do not offer Stormpay as an option.

I would be interested to read comments by other forum members on this important issue.

Info from Capital-Managing.org

2006-02-02T06:12:00.000-08:00

INFO. FOR MEMBERS :

January Trading results aviable !

Very good results for the first month of activities :

CM assets : + 4161 pips ; + 52.6 ticks
Redirested assets : + 1027 pips; + 185.18 ticks

Go to
http://www.capital-managing.org/trad...006results.php
to read results details.

I'm really happy to present these results because there are the fruit of a whole month trading without taking a breath.
I really hope these results will prove (and improve) our credibility.

Capital-Managing is trading your money and it's the only way to be stable. Think to it !

Warmest regards,

Miguel FERLA
Capital-Managing CEO

Doubledayshyip ssl,ddos Protected, with Phone Support!

2006-01-30T11:26:00.000-08:00

If you have made a deposit, but it didn't appear in your Double Days HYIP member account, please send an e-mail to troubleshoot@doubledayshyip.com. Please provide your Double Days HYIP username, your batch number for the deposit, and the plan you would like to invest in. We will be able to assist you with this problem in a very prompt manner.

Administrator E-Mail: kyle@doubledayshyip.com
Team E-Mail: team@doubledayshyip.com
Troubleshoot/Support E-Mail: troubleshoot@doubledayshyip.com

Telephone Support
We are one of the only, if not only, online HYIP that publically lists a phone number where you can call to receive support or answer any questions you may have. Our offices are open Monday to Friday from 7AM to 10AM Pacific Standard Time (PST GMT-8). Our telephone support number is:
+1 (213) 985-3209
If you are calling outside of Los Angeles, California - please note that long distance charges may apply.

A question you have may have already been answered in our Frequently Asked Questions (FAQ) section. Please visit this section to find answers to commonly answered questions - this'll save both parties time. Alternatively, you may use the form below to contact the administrator of the HYIP directly.

Read before you invest at all in any Hyip program

2006-01-29T23:18:00.000-08:00

Just a note to help you get off on the right foot:

Praise the Lord All!
These programs come and they go. but you can make alot of money if you look for certain things like, how long its been going, how much is coming in daily, and by reading feedback in the forums.

If a program has been running for less than 1 month and is still receiving at least half of what is going back out in payouts per day, and the numbers continue to rise daily in deposits..Then you can pretty well bank on making some money Smile

These things will help you make better desisions about which onces to get in to. This one looks Very strong. BUT NEVER INVEST YOUR BNILL MONEY OR TIES AND YOU WILL BE FINE Very Happy

i don't like programs running 6 months, especially PONZI's by then they are "well used" I wait a week or so and see what is gonna happen to them, sometimes maybe a few days if they are moving along good, i grab in while the grabbing is good, but i go only a limit of 3 days on mine and $100.00 dollars all fun money anyways..

Who is investing really much in hyips? Let me know.

2006-01-29T19:26:00.000-08:00

There are some members who start out with a nice size stake and diversify from the beginning. If they've taken the time to educate themselves before making their choices, they will probably do pretty good.

But there are many who find $500 an impossible figure to even think about. I would guess that the largest group of over $500 investors didn't start with $500, though, they probably worked up to that amount.

So, achieving the $500 amount is not really anything in itself. There are those who manage several thousand dollars and those who start with maybe $5 or $10. The main thing is not really the amount, but rather that the amount is disposable or discretionary funds. In other words, it's play money. Money you'd otherwise spend on CDs, pizza and beer or tickets to the theatre.

Hyip hacker continues...

2006-01-29T07:59:00.000-08:00

The admin of Bustabank reportedly recieved this message.However it may very well be someone else trying to cash in on the commotion.
The original hacker hadnt actually asked for any money to be paid.

---------------------------------------------------------------
Hello, I am hacking hacker. You may have heard of me around the hyip arena. I have been screwed and now I am mad. I am an ethical hacker and I was trying to make a little extra money.I have targeted over 100 hyips so far. Each of which I believed were scams. Guess what? You have been targeted.Only way to get out of it, pay $2000 to egold account 2767085 by january 31st 12 noon eastern time or send me email giving me a damn good reason why I should not destroy your whole life! I will wipe out your database, post your name and address on your site for all the people whose money will be lost. I will change database name and I will track you down if you try to move somewhere else. We are talking jail time, getting hurt, or even killed by your investors. I have shut down talkgold as a measure of my good faith. payment to that account by 31 noon or lose it all.

P.S. do not try to patch your database or whatever, my sploit is zero day, meaning no one found it yet. I am already in your database lurking around and backdooring just incase. You better pay or else you will get screwed beyond belief.
hackinghacker101@yahoo.com

croft brothers little research

2006-01-28T23:05:00.000-08:00

Is anyone familiar with croftbros.com ? It seems like a really legit hyip, and I was wondering if anyone has tried it yet. They pay 5% daily (mon.-fri.) for 8 weeks. They accept almost every form of payment, with a minimum investment of only $5. Here's a little info from their FAQ:

3.1. How can you pay such huge profits?
First we should say that we make substantially more profit than we pay to our investors in interest payments. We're experienced Forex and Gold market entrepreneurs. We see a great arbitrage/growth opportunity on gold market now, which allows us to make really good profit these days. Our ingenious scheme is based on speculating with forward gold contracts and gold futures, using a highly leveraged strategy based on the arbitrage opportunities, brought to life by soaring gold prices these days.

4.1. For how long are you going to offer this opportunity?
We'll be offering this opportunity for at least two full cycles of the program. So you'll be able to make 400% profit in 16 weeks if you reinvest your profits. Then we plan to lower the returns we pay to around 3-4% daily, that will happen in May 2006.

5.1. Why is my investment secure?
We structure profit payments to our members in such a way that you can be sure that the profit flow won't stop. We prefer to pay you your principle investment back daily, together with profits, which makes the cash flow stable and lets us use your investment to the full extent. That's how it works:
-You make your investment
-We put 50% of your investment in the investment pool, diversified between selected Forex traders and gold futures/forward contracts speculations.
-The other 50% goes into our reserve fund, which should provide the stability of our program.
- We start making profit on your investment, now it's in the range of 4-7% daily. We pay you approximately 2.5% out of our profits, 2.5% out of the reserve fund. The rest of our profit goes back into the investment pool, and the compounding effect comes into play.
-As the program goes on we replenish the reserve fund with a part of our profits, so there is ALWAYS money for payouts. We want both our investors and us to get the maximum profit from our program, and this unique payment structure makes it possible.

6.1. Why do you provide no member area where I can track my investment?
We want to make our program as robust as possible. We want no hackers to break into the online database and steal your money, so we keep the database of our investors offline, so you can be sure that the cash flow won't stop. You can always login to your e-gold or e-bullion account and check the update of your account balance.

Well I must say, I am a bit confused about this one as "whois" pulled one IP address and a domain name could not be matched, and "coolwhois" pulled another IP address,
and a domain name could not be matched...
A DNS Report showed that there was a problem with the Sender Policy Framework (SPF); This means that spammers can easily send out E-mail that looks like it came from that domain, and the DNS Report also showed:
Your www.croftbros.com A record is:
www.croftbros.com. A 209.249.221.12 [TTL=7200] [US], which is entirely different than the "whois" IP address.
I attribute this to the fact that this domain has two nameservers, which is not uncommon, but generally, they are sequential. These both appear to be in the US, but one in NJ and one in CA.
However, using - IP - 209.249.221.12
NetRange: 209.249.0.0 - 209.249.255.255

Even though the Croft Bros 'seem' to be using their identity and location in running this program, there just is something not right given this technical information. If someone else can interpret this information with some other meaning, I welcome better understanding.
I suppose I trust the technical details to tell a more believable story than the story than the Croft Bros are telling about their program.

Time tells.... use judgement.

OK well in the time it took for me to do the above research, forwardone also found a link on the Croftbros.com forum with similiar questions. Now I did not search for "CroftBrothers".com and I assume that is where the UK connection came in. I did not find any hosting in Ill either, but probably due to the same reason.
And now that I see the questions that are being evaded on the forum, I feel much better advising "caution" if you invest in this program.

Study - Which Payouts Are The Best?

2006-01-28T13:44:00.000-08:00

by HYIPMailer.com
With the help of many individuals we were able to conduct our own study on the profitability of different types of HYIPs. This is what we did:

We made 4 groups of programs:

Type 1 - Low paying (Total of 10%-25% per month)
Type 2 - Low-Medium paying (Total of 26%-40% per month)
Type 3 - High-Medium paying (Total of 41%-100% per month)
Type 4 - High paying (Total of 101%+ per month)

We then invested small amounts of $ into atleast 11 programs in each group. Some programs were private while others were public. Our initial investments took place 5 months before writing this article. Our goal was to see which type of program was the most profitable, and steady paying. We used programs which were daily, weekly and monthly paying. Please understand that we took programs that we thought would be productive. The programs that looked like trash, and seemed like trash were left out of this study. Also note, that we mainly used newer programs in our study. Here are the results:

Type 1 - Low paying (Total of 10%-25% per month). Out of 11 Programs we investing in, 5 months ago, we profited on 4 of them. Out of the remaining 7, 3 are still running (we are close to profit on most of these), and 4 Shut down altogether leaving us with losses. The average return of these 11 programs in Type 1 is: 115%. This number should grow, however since there are still three programs that are paying us out of the 11 original programs. We calculated a weighted return. The weighted return if these remaining 3 programs pay for the average amount of time is 148%.

Type 2 - Low-Medium paying (Total of 26%-40% per month). Out of 13 programs we invested in, 5 months ago, we profited on 7 of them. From the remaining 6, 2 are still running and 4 have closed, leaving us with losses. The average return of these 13 programs in Type 2 is: 118%. This number should grow, however since there are still two programs that are paying us out of the 13 original programs. We calculated a weighted return. The weighted return if these 2 remaining programs pay for the average amount of time is 125%

Type 3 - High-Medium paying (Total of 41%-100% per month) Out of 12 programs we invested in, 5 months ago, we profited on 6 of them. The other 6 added to our losses. None of these programs are still paying. The average return of these 12 programs in Type 3 is: 120%.

Type 4 - High paying (Total of 101%+ per month). Out of 11 programs we invested in, 5 months ago, we profited on 5 of them. The other 6 added to our losses. None of these programs are still paying. The average return of these 11 programs in Type 4 is: 90%.

The total weighted return of our entire portfolio was: 120.91%

Overall we earned about 21% from our investing. This amounts to just over 4% per month. Not so great, but atleast we earned something. What this study tells us is that the lower the program pays, the more likely you are to earn a profit. If we were to invest all our funds in Type 1 programs, we would have earned about 10% per month profit rather then 4% per month. As you can see, the exremely high paying programs that target mainly gamblers are not a good choice unless you want to lose your money. Please note that our sample size was rather small, therefore the standard deviation could be quite large. We hope to do further studies in the future.

12Daily have more News

2006-01-28T06:55:00.000-08:00

We wanted to take this time to update all of you who chose the compounding option for your E-Gold transition payments of the payment process we will be implementing regarding these compounded upgrade payments.

We offered the compounding option to members in an attempt to allow anyone who needed time to setup and get verified a new Stormpay or EMO account as needed. Unfortunately we did not ancitipate the sheer number of members who would choose to have their compounded upgrade payments paid to EMO. Because such a large amount of these compounded upgrades were all purchased on one day, they are all due to be paid out on the same day when normally they would have been spread out over the course of 2 weeks.

When we look at the numbers, that means that for that day we would be paying out almost 6 times our normal daily payout to a payment processor. This is manageable for us in the case of StormPay, as we have a substantial reserve fund there. But just as EMO transition payments were slow early on due to the need to move funds, compounded upgrade payments to EMO will similarly be affected.

Moving the necessary funds into place, once compounded members made their choice for processor is not a process that can be done quickly. We are also very concerned that payment of these funds all at once will result in mass upgrades on the day(s) of payments which will through off the balance of funds going forward.

Because of the above factors, we will need to extend the payment period for Compunded EMO payments to within 10 business days. However we would like to offer an alternative for those of you that may be able to take advantage of it. Your compounded upgrade is currently set to be paid to the payment processor and ID you have set in your account. If you have chosen the EMO option and would rather be paid out faster, we suggest you change your payment ID to a StormPay one. StormPay compounded payments are planned to begin Sunday, January 29 and will all be paid within the normal 7 business days. We plan to begin payment of compounded EMO upgrades the morning of Monday, January 30, at which time your selected payment ID will be ‘locked in’. So if you make a change, you will need to do so by Sunday night.

On Monday, after everyone has made their final choice, we will be able to give you are more precise prediction on when we will have all the payments completed.

We thank you in advance for your cooperation.

Charis
12dp Admin

WARNING SIGNS/ SCAMMERS TACTICS

2006-01-26T03:17:00.000-08:00

If you are asking which HYIP is not a scam, our answer is simple, we donâ€™t know. Scammers dress up to look like real investors while the real investors are always hiding and not dressed up. All we know is that no program last forever. However, here are some warning signs/guidelines for you to identify that scammer.

Pay the small fish and the big fish will come
The HYIP has being paying daily for few months without fail. Their membership growth rate is healthy.

Suddenly they announced a new plan, which is more much more attractive than the current plans. This new plan is usually on a compounding basis whereby you can only withdraw only after a month or so. The new plan also requires you to invest a higher spend than the other plans.

People will fall for it because the HYIP had gain much public trust after months of consistent payout.

Example: Global-E-Bank

Voting Madness
The HYIP pays non-investors to vote on monitoring sites. These non-investors keep voting on varies monitoring site and in the end they get more than the real investors.

This is a sign of a ponzi scheme. That HYIP need more new money to pay the old investors. A non-investor voting : â€œI got paid! Super! Best HYIP!â€ is the joke of the year. They are paid to be a liar. These liars are no different from scammers and to us, they are in the same barrack as those scammers in the jail.

Also watch out for sudden increase in good votes. Yesterday there were 10 good votes and today there are 100? Someone is behind this and you should know who he isâ€¦â€¦the SCAMMER!

Example: ImpexInvestments

FAQ/Plan Structure Rip Off
Many HYIP are so lazy to do their own FAQ and even their pay structure that they copy others. If they are so lazy to do their own, they will also be lazy to pay you!

Example: oneinvest.co.uk is identical to syninvestâ€™s FAQ and xgoldx is identical to C-Investment's pay structure.

Programs offering High ridiculous returns
This is so easy to identify. â€œ45% daily!â€ Ya right, my ass.

Example: siriusinvest

Re-Investors
Some HYIP that claim to be forex traders are just re-investor. They reinvest your money into higher paying HYIPs.

During the DOS attacks, some big players went down. How many smaller players went down with them? The ratio is as bad as 1:10. When one top paying program shutdown, 10 will follow.

So be on a look out for top paying programs that are having trouble.

Dishonest Blogs/Monitoring Sites
These blogs/monitoring sites claim to be honest investors. They will list the biggest and most well known paying programs and give professional reviews. After scrolling through the listings, you discover a stranger inside the top list! A program you never heard of before. But the site claim that it is best program and they have already invested a huge sum of money in it.

Obviously, the monitoring site has some â€œrelationshipâ€ with that HYIP or vice versa.

Fake Documents
Someone discovered the documents posted by the HYIP as fake. Why a need to display fake documents?? Obviously this is a ponzi!!

Example: ImpexInvestment

HYIPs claiming to be a division of a group
Itâ€™s so easy to check out on these idiots. Just call the main group. Usually, the main group will claim that no such division exists!

Example: Mineral Investments

THE 3% CURSE
Over the years, theres a payout trend in the HYIP world:

1% daily - usually goes with 365 days/life
2% daily - usually goes with 365 days
3% daily - usually goes with 90 days
4% daily - usually goes with 50 days
5% daily - usually goes with 25 days or 30 days
variable% usually goes with 6 months to one year

The best part is the 3% curse. HyipFarm.com started this term!
Believe it or not, programs offering 3% is cursed to close down!

Example:
widegold - 3% daily for 200days
impexinvestments - 3% daily for life
oneinvest.co.uk - 3% daily for 180 days
3x90.com - 3% daily for 90days
Sonicinvestment - 3% daily for 90days
MakeRich.ca - 3% daily for 200 days

But who cares now? A 3% program can help you get into profit in just 34 days!

NSFG Interview

2006-01-24T02:28:00.000-08:00

Please introduce yourself to us, for example how did you two started in investing and forex trading respectively?

Hello there, my name is Paul Twyman; I am 26 Years old and live in the UK with my wife and 3 little ones, Jasmine, Alicia and William. I go by the Nick "grubling" although I tend to only post in the Gold-Horizons Forum. I personally got started in online investing many years ago.....anyone remember e-biz??......Donald English....Git!...I made a reasonable amount before he ran off with everything. After this I went offline for a while with my investments and invested there. Came back online again after about a 2-year hiatus at the start of 2005......meant that I missed the whole Novalights & Flo Incident. never got into Pips....although IT got several grand from me, as did Astra Systems.

That probably been my only failures I would say, since then I have been far more prudent in where I invest and place my money and staying away from the obvious scams and ponzis..I have always felt that where it is fairly easy to make money in these ponzi gold games.....however it is always at the expense of someone else, and for me to gain, someone had to lose....didn't sit well with me so I did not go down this route to build my portfolio and sought out the more honest real programmes out there.....and there are not enough unfortunately which is what made Ken and I set up
NSFG.

Hi, my name is Kenneth Peippo. 28 years old and living in Denmark, Europe, with my wife Diana and two kids, Lucas (3½) and Mejse (almost 1). I run my own Internet company and work on contract basis as a sales executive for a medium sized manufacturing company. I run a couple of Danish web projects focusing on online investing and forex trading. Both which have held my interest for a long time. I started investing in stocks back in high school but quickly moved on to online business ventures. In 2002/2003 I got involved with a US based brick and mortar company that grew quite large and with clients form all over the world. The community forum around this company gave me a lot of contacts, some of which I still have contact with today. The company folded and everything ended up in court so this was my first encounter with ponzi’s of this magnitude. Ever since then, I have been extremely careful about investing online and always conduct good DD before investing in anything.

I soon started getting a deeper interest in Forex trading and I wanted to learn how to crack this fascinating financial market. I started out by buying and reading several books on the subject and started demo trading with various brokerage firms. I tried numerous platforms, read online courses, read more books and slowly started to
develop my own trading set-up. I wanted to start trading forex and avoid the many mistakes made by other traders. Trading forex is hard work. It is NOT the land of easy money. To my somewhat limited experience I think that the most important thing to being a successful trader is to have the discipline to follow your trading plan without any inconsistencies.

Please tell us about the history of NSFG. Why did you two decided to open an Investment Program like this?

Several months ago Ken and I started talking about just trading our own funds on the Forex, and it was only after the collapse of several large and popular programmes and the obvious hurt that this was causing so many people.....Invex, exp-invest etc....that we decided that it was time we did something about it.

We decided that we would approach the creation of NSFG from the perspective of us being the investor...what would WE want to see to prove to us that it was a genuine investment??

So that was when we decided to be totally and utterly 100% transparent with full disclosure.

There are two vital aspects to a successful programme. 1) That they are ACTUALLY generating the returns & 2) That they are a Genuine and Real Investment run by people that are not just going to gather enough funds and then run off using the
vast amount of excuses that programme admins seem to use nowadays.

Therefore, every investor gets total Due Diligence access to us, REGARDLESS of how much they invest. We post the brokerage reports when we receive them so everyone knows that the returns are actually being generated and where they
are being generated. We give total access to us as Partners so everyone knows who and where we are and that we are not going to run off at any point with people’s money.

Both Ken and I have joint access to all the accounts so should something happen to one of us the other can still obtain access to the accounts. While Ken is the Trader I am named as beneficiary should the worst happen (God Forbid!)

So that’s basically it really, we were fed up with people getting scammed over and over by programmes....and wanted to give people the option to have something 100% solid and certain in their portfolios. So NSFG was created and Launched in September 2005.

Please tell us about your team. How many members does your program have ?

In respect to the team, there is just the two of us: Paul Twyman - Admin & Kenneth Peippo - Trader. In so far as number of members, while we are happy to give out any and all information on Ken and I, it is not good practice to give out details on members etc, this being said we have only been open for 3 weeks for live trading with members and have around 50 members currently.

What makes your program any different than any others ?

We are real, genuine and totally 100% honest. I do not believe that there is an opportunity out there that gives EVERY member the kind of access that we give ours. If what we have given does not satisfy someone then we are happy to give them what will satisfy them. The WHOLE point of NSFG is that we are real and can and do prove it beyond a shadow of a doubt.

Now I am not saying that we are the only real programme....just we are the only one that goes to the lengths to prove to everyone that we are real, because lets face it in 99.9% of programmes.....do you REALLY know who is running them and where they are and that the returns are being generated....with NSFG you do and that makes us
different from others.

NSFG also charges no fees for deposits or withdrawals, we only take a 25% performance fee from the monthly % gain so if we return 20% the client portfolio amount will be 15%. Again we are totally open and honest about this and tell people from the word go this is how it works.

How are you generating your return ?

NSFG trades the forex markets during all three sessions in Asia, Europe and US. All returns are generated from Ken's trading activities, which follows his very detailed trading plan. The trading plan itself is a blue print to Ken on how to identify a possible trade, when to enter this trade, when to take profit from the trade and where to set the stop loss. The trading plan can be applied to both trending and ranging market conditions.

Is there a trading statement we can see ?

At the end of every month all members will get a copy of the Brokerage Report for that current months trading. Additional each week a screen shot of the trading will be uploaded as it stands for that current week for people to see along with commentary from Ken about how everything is going. All members will have access to these details and will be able to see the report and how much is currently being traded by the company.

What are your plans for the future - Is there any plan against explosive growth that seems to have taken out other investment programs ?

Well the way that we are structured from my perspective is that every client has their own account balance, similar in the way that your own bank statement works you can add, withdraw any time you like and for no fees. This means that with the custom software that is being developed right now growth of membership will not be a really issue. If it does then we will simply stop taking in new members. At the end of every month the software we have will update everyone’s accounts with the monthly % rate and issue them with an account statement via email. It can do this if we have 10 or
10,000 members.

What is more likely is that we start getting to a monetary trading balance that get so large that it would be inefficient for Ken to trade solely on his own. We would then have three options. One: Either no longer credit interest to people's accounts and pay out gains each month so that the trading balance remains relatively stable. Two:
Do an extremely in-depth interview process to find another trader to take on a section of the book. Of course at this point we would have a very serious book of business and any selection will be meticulous and in-depth so we would not just take in anyone and that person would need to have a highly proven track record or Three: Adjust Ken's trading plan to take the higher equity into consideration. Some forex traders operating institutional client accounts are using hundred of thousands of dollars in each position they take. So it's definitely possible to trade very large accounts, it's just the number of zeros that change.

Is the company registered? Do you have a real office?

Yes, NSFG was registered as NorthSea Forex Group Ltd on September 26th 2005 in Belize City, Belize. Registration number 46,922. Certificate is attached. We do not operate a real office though. Since we both work from two different locations and still hold a day job, maintaining a real office would only impose costs and lower returns to investors. Not having a real office doesn't mean we are not reachable. Anything but. Anyone can call us, but there are also some legal issues that prevent us from having a public office in either Denmark or the UK.

Is there a contract to be signed by both parties, to agree that the fund will be used in trading and that NSFG will do it's best. One that'll let us take it legally if the mentioned agreements aren't met?

This is an interesting question, currently we do not have a written agreement with investors that actually says this….however this is not because of us NOT using the funds for this purpose but rather that we would have to create a contract for each and every investor every time they joined and that would be a logistical nightmare.

After thinking this through with Ken we may amend the application form to state that we agree to solely trade the funds provided and to not use them for any other purpose and to be honest I can not think of a better way to do it that this.

We do offer a guarantee that should something happen that causes the company to cease trading, such as a serious incident involving Ken etc, then we will fully refund all members according to their account balance at that time minus any fees for transferring funds.

What we do have is a contract between the three Parties, NSFG Ltd, Ken and myself, outlining what our duties and responsibilities are in respect to the day to day running of the company.

Do you have any final words for the readers?

All we can say is that we are totally genuine. The main reason we set this up was because both Ken and I were fed up with all the scams and people consistently getting conned and having programmes running off with their money.

As investors ourselves we knew exactly what we would want to see from an opportunity, and decided to provide it. If people want more Due Diligence than is offered, then that’s fine, they only have to ask. If people want to meet, then that’s fine.

We have already proven that we really are generating the returns, and we do the best to prove that we are who we say we are and with what we give everyone about us we are easily traced so will not be doing any running away.

There really is not much else that we can do as a real investment opportunity to provide piece of mind and if this is what you are looking for then I look forward to working with you for many years to come.

Have a great day,

Paul & Kenneth
Partners – Northsea Forex Group

Thanks to both of them, and of course HYIP Navigator for having been a good example of how to conduct the interviews with their many interviews. ^^

To check NSFG out further, check out their site at http://www.northseaforexgroup.com :)

How deep is Ponzi investment scheme?

2006-01-23T11:57:00.000-08:00

Cliff Buchan
News Editor

Just how deep is a multi-state and international investment scheme that cornered investors in the Forest Lake area?

That’s a question to which the answer is unclear, but some who invested in the program and those with knowledge of the scam believe the number could be as high as 400 people.

Last month the U.S. Securities and Exchange Commission filed an emergency action in United States District Court for the Eastern District of Texas against Travis E. Correll of Atlanta, individually and d/b/a Horizon Establishment, and a string of companies and individuals that includes Neulan D. Midkiff of Forest Lake, and his entity, Joshua Tree Group LLC (“Joshua Tree”).

The court action charges that the defendants are engaged in an ongoing fraudulent high yield investment scheme by which they raised approximately $36 million since July 2004. The court granted a temporary restraining order, asset freeze and other emergency relief including the appointment of a receiver.

The SEC says the action stretches from Atlanta to Dallas-Fort Worth and north to Minnesota with links to alleged offshore investment banks in Australia. The SEC, the FBI and the U.S. Postal Service are involved in the joint investigation.

The full scope of the high-yield offering fraud should be known later this month.

So says Greg Hays of Hays Consulting, Inc., of Atlanta, the court-appointed receiver. His firm continues to review bank records, identify investors and freeze assets that will eventually be liquidated for resources to repay investors.

While the SEC has said the scheme may have collected $36 million in assets, that figure could be closer to $150 million when the Hays investigation end, Hays said. So far, 1200 individual investors have been identified.

“We’ve got 10 people all over the country working on this,” Hays said by telephone from Atlanta last week. “We are chasing assets all over the country.”

The probe in Forest Lake has already touched one dwelling. Hays Consulting has frozen the assets of a Midkiff owned home on Hilo Lane N. that he purchased last year for $1.2 million, Hays said.

“We plan to sell that house,” Hays said.

Skoglund’s role

Ken Skoglund of Forest Lake and his late mother, Bea, were two of the investors initially recruited by Midkiff almost three years ago, Skoglund said.

In that time, Skoglund said, the family invested some $270,000 with Midkiff and his associates in the Atlanta firm. Skoglund says he received interest payments throughout that time until last fall when payments ceased.

“We thought we knew what we were doing,” Skoglund said of the investments he and others he knows made in the program. Skoglund said he and several others met with Midkiff at an office in Lexington in mid-2003 where the program was explained.

Although nothing was placed in writing, Skoglund recalls being told investors could count on receiving 5-7 percent a month in interest payments.

He initially invested $20,000 and followed with other contributions, including funds from his mother who died last year.

Skoglund believes as many as 200 people throughout this area likely invested in the program.

A woman from Woodbury who asked not to be named said she is aware of friends and relatives in the area who were recruited. She believes the number of individual investors is probably closer to 400 based on her knowledge of the scheme.

Skoglund said he knows of some in Forest Lake who borrowed money or took out a second home mortgage to fund investments.

In the time during which Skoglund said he was receiving monthly payments, he made regular tax and capital gains payments as required. He could be in line for a tax refund on some of those payments, Hays said.

An old fraud

In its complaint, the SEC alleges that Correll, Midkiff and other defendants were offering and selling interests in purported foreign and international bank deposit programs (collectively “Bank Deposit programs”) promising four to 12 percent monthly returns without risk to their investment principal.

The SEC also alleges that investors send or wire their money to TNT or to one of Correll’s entities -- Net Worth Group or TC&Co, and that all of the funds are transferred to a Horizon Establishment bank account controlled by Correll.

According to the complaint, investors are told that Correll, the “money manager,” forwards investor funds for deposit in an offshore reserve account. A “trader,” with exclusive contracts with international banks, supposedly uses the monies in the reserve account to participate in trading programs and loan programs.

In reality, however, the bank deposit program does not exist and none of the investors’ funds are sent to the trader or his entities or to any offshore account for investment, according to the complaint. Instead, as set forth in the complaint, all of the investor funds are commingled among various Correll-controlled accounts, and the “investment returns” paid to investors are Ponzi payments, i.e., they derive from the proceeds of more recent investors.

Ponzi schemes are named after Charles Ponzi who conducted such a scam in 1919-1920. A Ponzi scheme is an investment scheme in which returns are paid to earlier investors, entirely out of money paid into the scheme by new investors. The scheme is another form of Pyramid schemes.

SEC comments

Kit Addleman, assistant director with the SEC in Fort Worth, TX, said the Correll-led scheme based in Atlanta goes back at least to July 2004.

“It is possible that it has been going longer,” she said by telephone last week.

She said the civil action being pursued by the SEC could be followed by criminal complaints. Any decision on a criminal action would be made by the Department of Justice U.S. Attorney’s Office in Atlanta.

Addleman said no trial date has been set on the SEC matter and any settlement would not be made until the complete scope of the scheme is documented. Any settlement must be approved by a judge, she said.

The SEC assistant director said it is such scams that continue to keep officials busy.

“I am amazed pretty regularly by the number of fraudulent schemes and the number of investors they are able to entice,” Addleman said.

She said when it comes to making investments, investors should keep this old adage in mind: “If it sounds too go to be true, it may well be,” she said.

Hays, the Atlanta-based receiver, agrees.

He said investors should seriously question the validity of an investment plan that offers 10 percent a month in risk free income. “Even seven percent,” Hays said.

In the Correll case, Hays says he is finding that many of the investors are middle-aged folks with respectable incomes. He believes their reason for investing is simple.

“It is just greed,” Hays said. “People wanting a higher return.”

As the receiver for all Midkiff assets, Hays said he continues to seek names of those who invested in the scheme. Investor declarations can be made by calling Hays Financial Consulting, LLC of Atlanta at 404-926-0060.

Applications can also be found on line by following the Correll links on the Hays web site: www.haysconsulting.net.

Anyone who invested and lost money on the investment must be identified and listed with Hays in order to be eligible for any refund once Midkiff assets are liquidated.

As he establishes the list of investors and Midkiff assets, Hays said he will also be attempting to determine how much in payments were made to the early investors who got in on the ground floor of the Midkiff investment plan.

Midkiff and church

Midkiff and his wife, Donna, have not been available for comment.

They have ties to Shiloh Church on Harrow Ave. N. in Forest Lake. The Shiloh Church web page identifies Midkiff as an apostle.

Donna Midkiff is a prophetess with the church.

Hays said his firm is continuing to explore documents to determine if Midkiff personally owns the church building. If so, that property would be subject to seizure, he said

Very Interesting News from 12Daily

2006-01-23T11:34:00.000-08:00

by HyipDaily

I guess we will pay taxes on the earning from 12Daily, see news

2005 Earnings Statements will be available for members to download from within their member areas by Tuesday, January 22. The statements will be in a PDF format and you will be able to print them. These statements will detail all surf and commission earnings by month and a totals for the year. They will NOT list upgrade purchases or amounts, only monies earned.

Reminder... It is the members’ responsibility to report and pay any and all tax requirements in your national, state or local jurisdiction. If you are unsure of what these are, we recommend that members discuss any tax-related questions with a tax professional in member’s jurisdiction.

High Yield Investment Programs

2005-12-03T19:56:00.000-08:00

The entire high yield investment program scene is thought by many to be seriously over-hyped. This broad scene is full of somewhat extravagant and over-optimistic claims. While some of these are overwhelmingly ridiculous; others have a cleverly contrived ring of feasibility shining through them. You would be very lucky if 3% of the offers you will come across deliver anything even close to what they are promising you.

Some of these offers will probably even fall in a heap before they even get started. There are no guarantees to any of them. You should probably realize now that you are going to end up trashing about 20 times as many high yield investment program offers as you are going to actually seriously consider. Anything dealing with hi yield is risky, and you will discover that many offers you run into will fail to deliver what you're seeking.

The fact of the matter has always remained the same; any type of high yield or fast growth opportunity will always pose risks. If it was simple to acquire large profits in a short amount of time, everyone would be a millionaire. The main reason is that high yields and fast growth in any financial system will always be accompanied by high risk and consequent failure.

Out there in the commercial world, there are many opportunities to make high profits. A lot of these opportunities come with very high risks. Most of them also require a lot of capital in order to make them work. Anyone who sees a high yield investment program opportunity needs to cover all of their bases, by involving other people such as investors or shareholders.

Make no mistake about it; high yield investment program opportunity's can bring great profits. In the conventional stock market, there is room to question whether there is any safer or more controllable way; hence the growing popularity of this form of investment. When compared to other means of investment, this is a very popular and widely chosen method to help cash in on the benefits.

The bottom line with any high yield investment program is that you should always be prepared that risks are involved. No matter what type of risk it may be, it is always going to be there. You could double your money in no time at all, then turn around the following week and lose everything. Nothing is guaranteed to happen.

Anyone that is familiar with high yield investment program opportunities will tell you that you have the chance of making some big bucks. As long as you take the proper precaution and approach everything in the right fashion, you have a better chance. What you do with your investment, is entirely up to you.

High Yield Investment Program Fraud

2005-12-02T19:55:00.000-08:00

The one thing that turns people away from investing more than anything else is high yield investment program fraud. This fraud is a ruinous scheme in which con artists lure unsuspecting investors into believing that their funds can be used to purchase securities at an enormous discount and sell them double the amount, typically during a forty week turnaround.

High yield investment program fraud can be very frustrating and it can also cost you a lot of time and money. Fraudsters and con artists like to manipulate your investments any way they can. Usually, they will get you on the phone and use technical phrases that probably make any sense to you. Along with this, they like to be very pushy and claim that what they are offering you is once in a lifetime opportunity; in order to cash in you have to take advantage of their offer now.

Fraudsters will also offer you extremely high yields in a somewhat short period of time through access to bank guarantees which they say you can buy at a tremendous discount then sell for a large profit. These cons artists will also inform you that they work for a private institution and your funds are waiting to be claimed.

Con artists using high yield investment program fraud will also try to convince you to transfer assets or borrow the money to invest in the program after you sign special non disclosure agreements which will prevent you from talking about this special deal with anyone. This includes lawyers or financial advisors, simply because you are joining a very secret organization on a top secret offer.

Any and all transactions are to be kept strictly confidential by everyone and for this reason alone no client references will be available. To lure you into their trap, fraudsters will also emphasize that the market for these instruments are so secret that the institutions involved and even regulatory agencies will deny the existence of the program if they are asked.

This high yield investment program fraud will place you at a tremendous risk. You are also told that you are not to phone the bank listed on the documents because they cannot acknowledge the existence of such an arrangement unless you are the principle investor for this account. They also state that the process is so restricted that even the low level staff, bank managers for example, wouldn't know anything about it.

When it comes to high yield investment program fraud, you shouldn't even bother with the risk. This fraud will probably cause you to lose everything that you invest, possibly more than that. If you encounter anything dealing with fraud, you are encouraged to contact the proper authorities immediately.

High Yield Investments

2005-12-01T19:55:00.000-08:00

When it comes to high yield investments, there isn't an investor out there that doesn't dream of netting high yields. These dreams that propel the investor are fueled by hundreds of stories of wonderful operators who turn thousands into millions in little to no time at all. If you have ever had the misconception that high yields are meaningless; don't believe the hype until you have had a chance to witness it for yourself.

The United States Treasury Department estimates that investors will lose 10 billion dollars each and every year solely from fraudulent high yield scams falsely invoking U.S. Treasury involvement. No one really knows for sure how much is lost through other high yield investments scams, although an intelligent estimate would be a multiple of that very figure.

This figure doesn't even include the primary source of losses that come from high yield investment – default or collapse of the companies issuing the underlying securities. A more realistic estimate of average annual losses through investments seeking high yields during the last decade would be around 500 billion dollars. That's nearly a third of all funds that are placed in high yield investments.

Is to say that high yield investments don't exist? Not really. It does mean however; that by their nature high yield strategies must tap volatile windows of economic opportunity – a concept that defines high yield investments. What this means is that you can't leave your money in the same place year after year and expect to always maintain a high yield from your investment.

Doing so, would be like begging the law of averages to catch up and reduce your investment to an average yielding one, or maybe even worse. Keep in mind that none of the high yield funds that are top performers during the past year are among the top performers over the past two to five years. Always remember that by their nature, high yield investments are a constantly moving target.

The easiest and safest way to invest is by buying sector targeted mutual funds. High yield funds are generally invested 65-80% in debt of sector companies with credit ratings of Baa/BBB. These are commonly known as medium grade companies. That basically means that they have an adequate capacity to pay principal and interest when due but aren't solid enough to be considered investment grade.

To put it in other terms, they make conservative investors very nervous. Managers of these high yield funds put a small percentage into speculative grade bonds if they have some reason to think their issuers are on the upswing. Some aggressive ones will also invest up to 10% directly into the stocks. The small remaining percentage points of the funds will generally stay in U.S. treasuries and cash.

If you consider yourself to be a risk taker who finds life to be meaningless without the possibility of returns above 10% and don't need the money for five years or more, put around 40% of your investment capital into a range of companies that have demonstrated either strong market positions or have shown profits during at least two of the past 5 years. This way, you will have no doubt as to the potential that will come from your high yield investments.

Starting An Investment

2005-11-30T19:54:00.000-08:00

When you begin starting an investment, you may find yourself wondering where you should begin. You may have heard friends or co workers talking about their investments, and decided you should give it a try. You may have also found yourself wondering where they got the money to start or how they knew what to invest in. Then again, there are a lot of people who don't know where to begin, so they never start at all.

The wide array of investment related choices, the vast amount of information about investing, and the risk alone is intimidating and may prevent you from taking those first steps towards starting an investment. Keep in mind that is doesn't have to be that way. Believe it or not, you only need to know a few basics in order to begin your career in the world of investing.

The first question most people have is where you get the money to invest. If you look around, you will find plenty of stock mutual funds that allow you to invest with 500 dollars or less. You could use your next bonus at work, your income tax refund, or simply put in some overtime for some extra cash. If you are unable to come up with 500 dollars to start your portfolio, many funds will allow you to skip the initial lump sum investment if you sign up for monthly withdrawals from your checking account.

When starting an investment, you are ready for some long term investments. The step in choosing is knowing what your goals are. The investment type you choose will depend on the amount of time available before you need the money. Most all stocks are considered long term investments, and therefore it's best to plan on holding stocks or stock mutual funds for five years or longer.

The next thing you will need to know when starting an investment is your risk tolerance. If you're the type of person that hides your money under your mattress because you don't trust the bank, you're probably not going to feel very comfortable investing in volatile technology stocks.

Now, you may be wondering how to choose an investment. Most investors and experts will recommend spreading your money over several different types of investments in order to reduce the risk, because one type of investment typically does well when another one doesn't. By having money in more than one type of fund, you're more likely to get a decent combined return in one category takes a downturn.

When you are ready to begin starting an investment, you should use caution and research everything that is available to you. The above will assist you in getting started; the rest is up to you.

How To Prevent Getting Scammed

2005-11-29T19:52:00.000-08:00

Step One:
Use the following Whois Lookup sites to find out the Web Owner details information:
Lookup IP Address
Lookup Internet Service Provider (ISP)
Lookup IP Address belongs to (Organization)
Lookup Country
Lookup Continent
Lookup State
Lookup City
Lookup Latitude
Lookup Longitude
Lookup Timezone
Lookup Registrant (website registered address, person contacts & etc.)

http://www.showmyip.com/
http://centralops.net/co/
http://www.seoconsultants.com/tools/whois.asp

Step Two:
Before participate the Web Program, review Web Owner Site's operation location, and ascertain you fill comfortable with the Web Site. In any event of defaulted by the Web Owner, you can locate them & have them report to Internet Fraud Authority.

Step Three:
Search Internet Service Provider (ISP), and IP Address belongs to (Organization) email contact and record down. In any event of defaulted by Web Owner, you can file a complaint and has Scammer Site report to the ISP against them for abuse of Internet Fraud (obtained an information here is good enough to put Web Site liar in hot soup. With this power tool you can force the Scammer close up his Web Site or shutdown by ISP neither.)

Step Four:
If you got deceived, submit full details of the Web Site details information (refer to step one) with your e-payment confirmation and file a complaint email to the followings to alert the relevant authorities of the Internet Fraud:

1. Internet Fraud Coordinator: ifcc.tp@fbi.gov.
2. International Web Police: Director@Web-Police.org.
3. ISP Provider; abuse@........ (refer to Step One, search the abuse email contact of ISP Provider /and IP Address belongs to…and complaint of web site Network abuse).
4. Locate authority (refer to web Registrant station address, search on Internet to locate of country authority; such as “address/state police” or “(country) government authority”.
5. E-gold Service & CC to Web Site Owner.

The Authority information sites for 1, 2 & 3 are:
http://www.web-police.org/
http://www.ifccfbi.gov/
http://www.scamwatch.com/
http://www.fraud.org/

Lastly to say; an investor should take note on Web Site's ISP registered at un-privileged country, in any event of cheated you can address your problem to the locate authority /or police station to expose the cheater web site. If possible put on forum page to draw attention to other investor help to obtain email contact of the locate police authority.

Online Investment Tips

2005-11-28T19:45:00.000-08:00

When it comes to online investment tips, everyone could benefit from tips. Most people are new to online investing, and are not very familiar with the way things work. The online world of investing can be cruel, but also very rewarding. When it comes to investing online, the tips you will find below are designed to help you make the most out of your experience.

The first thing to do with online investing is to start small. If you are new to this method of investing, don't put your entire life savings into an online account. Instead, start with a smaller sum, which should be easier to handle and keep track of. Once you feel confident enough, you can decide to add more money to your online account.

Once they are online, many investors tend to concentrate on stocks, specifically larger, more domestic ones. Most online investment tips note that while these stocks should make up part of your portfolio, they shouldn't be all of it. Also make sure you take into account your time horizon and risk tolerance to develop a well balanced portfolio of stocks, bonds, and cash.

When it comes to mutual funds, most investors are into them for a reason. Most investors don't have the expertise to make their own investment calls on individual stocks. They are also too preoccupied by work and other demands to spend every minute watching the market. You should keep your mutual funds and it will probably be an unwise move for you to cash out your long term fund holdings.

Other online investment tips note that costs may not always be obvious. Even if online broker costs are somewhat lower than those of full service brokers, they can still add up, even if you do a lot of buying and selling. Online broker firms also like to impose a number of other fees and charges that should be studied closely.

When it comes to orders, you should make them work for you. If you plan on doing your own investing, you will need to learn how to use the tools that are available in order to avoid potentially steep losses and to buy or sell a stock at effective prices. This way, you get a good decent return on your investment.

As beneficial as online investment tips may be, problems that you will encounter are inevitable. Investing online is not foolproof. Sure, there will be times when you can't access your account; you could even be away from the computer when the market makes a major move.

When it comes to online investing, your internet connection could be down as well, or the online firm's server could crash due to heavy trading, unexpected software glitches, or another sort of natural calamity. Make sure you are familiar with the firm's alternative trading options. This may include automated telephone trading or calling a broker.

The most helpful of all the online investment tips, is to always remember that information is power. If you plan on buying and selling individual stocks online, it is in your best interest to keep yourself as well informed as possible. Don't settle for just the hype about hot stocks.

General HYIP Advice

2005-11-27T19:26:00.000-08:00

Before investing in High Yield Investment Programs there are several aspects to take into consideration. Here’s a list of the most important ones:

› Always get some knowledge about the High Yield Investment industry before making a decision to invest your money in High Yield Investment Programs. A good advice is to read every page of this website before doing anything else. As mentioned before, when done right, High Yield Investments are extremely profitable, but without knowing the industry and which programs to invest in you’ll most likely lose your money. Knowledge is one of the major keys to success in the HYIP arena.

› Think about what your reasons for investing are. Are you looking at it as a solution to your financial problems you shouldn’t even think about it. As mentioned several times on this website, High Yield Investments are risky, and if you’re unlucky enough you could eventually end up without any money at all.

› Always think over your financial situation before taking the step to invest in HYIPs. Never invest more than you could afford to lose.· Are you a gambler or more careful? Even if High Yield Investing is much like gambling there are options that seem to be safer than other. Decide how big risks you are willing to take.

› If you’ve made the decision to start investing, find a few programs that you believe in, and invest in all of them. Diversifying your investment on several programs will reduce the risks and you won’t lose everything if one program goes out of business.

› Before investing in a specific program, do some research on it. Does the website look professional? Do they provide any contact information? Where are they based? Check this out before making a final decision.

› Always check what the rules are regarding withdrawals before investing in program. Some programs let you withdraw your money whenever you want. Others keep your money locked for months.

› Do some calculation using our high yield investment calculator to find out how long it will take before you’ll get your investment back.

Sometimes High Yield Investment can tend to be very much like gambling. And yes, it is very much about luck and about finding the right programs. However, if you follow the advice given above you’ll dramatically increase the chances of winning the game.

E-gold Security

2005-11-26T19:25:00.000-08:00

When logging in to your E-gold account, always use the SRK popup console. You should also always make sure that the URL in your browser window is either http://www.e-gold.com or https://www.e-gold.com. Scammers setup doorway pages like E-golden.com or E-goldpayments.com trying to make you believe you’re on the real E-gold site.

When you make an E-gold payment the payment page should look
like this:

Before you proceed, check the URL. It should look like this:

Then check for the security lock bottom right hand corner, which looks like this:

Now you can proceed by filling in the form and making the payment.

If you’ve followed each step outlined above, you can rest assured that you’re payment is safe.

E-gold Setup and Funding

2005-11-25T19:23:00.000-08:00

Step 1: Go to E-gold and click on "Create An Account"
Accept the User Agreement by clicking on the "I Agree" Button.

Step 2: Fill in the needed contact details and information. Most important is the “Passphrase”. Use the “SRK Console”- button to open up a secure virtual keyboard and enter it with your mouse (prevents keyloggers and trojans from logging your typing on the keyboard).

Always use the SRK console when you log in to your E-gold account. It may be time-consuming, but trust me, it’s worth it. Especially if you have high weights of gold in there. Your E-gold number will be sent to the email adress you have specified. Remember, E-gold never ever asks for your passphrase. If you recieve emails from what seems to be egold claiming they need your login information for some reason, delete it! It’s not from E-gold.

Funding your E-gold
Now when you have your account set up, you have to fund your account with gold in order to be able to make payments. To do this you need to use an Exchange Service which will convert your money into E-gold. We recommend the following two Exchange Services:

› ANYGOLDNOW
› GOLD-EX
› GOLD-TRADER

Both charge around 3-5% for trading in dollars trough a wire transfer. If you rather like to use your credit card you should be prepared to pay higher fees. Another option is to convert e-currencies like EVOcash, netpay and paypal into E-gold.

Get Started with HYIP

2005-11-24T19:22:00.000-08:00

Before you can get started with High Yield Investment Programs there are a few things you need to do. We have listed them here:

1. The first thing you need to do is to sign up for e-gold, which is the most commonly used ecurrency among High Yield Investment Programs. You will be using E-gold to fund your accounts in the different programs. Go here for instructions on how to sign up.

2. There are many things to think about before you start investing. We suggest you read our General Investment Advice which provide you with a list of points you need think over before you start investing.

3. Before you can start investing, you have to fund your E-gold account. You've probably already read instructions on that, if not, click here.

4. Once your e-currency account is funded you can start investing! Simply go to the website of the High Yield Investment Programs you’ve decided to invest in and follow their instructions.

Good luck!

What is HYIP?

2005-11-23T19:18:00.000-08:00

HYIP, which stands for High Yield Investment Program is just what it sounds like, a program offering a high yield investment. HYIP's are offering probably the most profitable investments available today. Interest rates of up to 100% a monthis not uncommon. In general the interest rates are ranging anywhere between 5 – 250% a month.

HYIP's are using different investment strategies. Some invest in stocks, others in property. There are even HYIPs investing in other HYIPs. Probably there are also programs that are not investing at all. These belong to the scammers. You’ll read more about unserious HYIPs further down this text.

Most HYIP's use different e-currencies as their way of accepting funds from members. E-gold is undoubtedly the most commonly used one hence the many program names containing “Gold” or “E-gold”. E-currencies makes instant and secure money transfers possible online and have very much paved the way for HYIP's.

The phenomenon of Hyips is growing bigger and bigger on the internet today. Every day new programs are being launched. Lots of people are earning fortunes investing in these programs.

Sounds too good to be true?

Well, while the statements above are not lies, they don’t give you the whole picture. Many program owners are scammers. Their only will is to run with your money. There are more scams out there than serious long term programs.Over the years large amounts of people have lost their money as a result of being involved in High Yield Investment Programs.

Given the fact that the HYIP industry is a very risky one, most people are very hesitant when it comes to investing in HYIP's – which is legitimate. However, not being aware of the risks is the main reason why people are losing their money. There is a great number of cases where people have thought they’ve found an incredible opportunity and gladly invested their entire fortune. When the programs later went out of business, the consequences have been devastating.

Although there are unserious players in all markets, the HYIP arena seem to have more of them than many other industries. The reason for this is the big amounts of money involved and the fact that it’s pretty easy to steal money on the net.

Taking both the negative and positive aspects of High Yield Investments into consideration, the conclusion is; If done right, High Yield Investments can be extremely lucrative.

This is where we come into play. We are constantly studying and researching the market. We are also investing in a number of HYIP's to be able to analyze them and keep track of their payments.