PointShareGold/ PointShareXtreme
Tags: No Tags.I have given up on PointShareGold or PointShareXtreme since I donated my money to them months back. All the hype that they were generating then was obviously a round of scam. Punting, but in a good way then.
And from what I know, they have just asked members to submit a hard copy of your identity to them for verification before they actually process your payouts for you. Unless you’re expecting a big payout from them, my opinion is not to. You won’t know what will happen with the documents that they have in their hand. There has never been a HYI/surf program that did that but sometimes down the future, there will be one.
Maybe I’m paranoid.
In the first place, why would such a program need identity verification anyway? Are they any form of government authorities?
Your call.
Popularity: 3% [?]

HI Jude,
I’ve been keeping tabs on PointShareXtreme. They are trying to go for debit cards at Union Bank in the Phillipines. Union Bank has never done debit cards for international accounts before.
About 3 weeks ago Henry James asked everyone to sign forms provided by Union Bank and to send in verification documentation with photo, address and signature. All other information on the documents could be blacked out before sending it in. Therefore, it wasn’t any more information than what is already available for public view.
Apparently the bank didn’t like that the forms were sent in electronically and they want a hard copy. Henry is negotiating with them to except the electronic forms. If we are required to send in hard copy signature forms, it will be to the bank and not Henry James.
They have had one excuse after another for not paying. They stopped taking new orders over a month ago. They are paying for a new custom script. The only thing they haven’t done is run away.
While I am not too keen on the lack of payments and poor communication, I’m not ready to give up on them, yet. However, it’s been a long time since I would recommend them to anyone.
JMO – Sharon
Thanks for your input Sharon,
Btw, does this “Henry James” really exist? or have they been cooking stories right from the start?
There have been members, not just forum administrators, that have talked to him at length on the phone. Also, for a while there was a computer programmer for hire site with his name and picture. A former moderator, that met him in person, verified that the picture was really him. One last thing is that he gave out his personal address to those that couldn’t send in the documentation electronically.
So, my guess is that he does exist.
- Sharon
I think you and I both know verification only isnt enough. The claims that he does business to generate the ROI for members are unverified I think.
That’s very true. Although his identity has been verfied by multiple sources, how he generates funds is completely unknown and unverified.
Hi, I have just saw this thread and just want to comment on it, I am a member of the poinsharextreme together with my husband, I bought the plan 100 and it really works, after 20 days i tried to withdraw my capital and I actually got it. A frend of ours who is also a PSX member lend my husband three plan 100 and I withdrew the earnings after 20 days. So far so good, I am now requesting for my monthly earnings. Just remember they have a withdrawal fee of $10 0.5% of the requested amount. Withdrawal limit is $800 per request and $2000 monthly withdrawal limit. I’ll update you with my PSX earnings.
?????????
Xtin, you need to tell me what pointshareextreme you are talking about, because I have been a member for over a year and half, at this time have over 100 K in my account, still waiting for my wiretransfer and promised bank card and I can go on and on….I never saw a dime! So am I missing something here? WHICH Pointshareextreme are you talking about??????????????
Me too, has been waiting for the cards two months now.
It appears Henry James Bayanat has run off with everyone’s money. The forum has been locked down since May 31, 2007. No administrator has commented. The allecxchange site won’t respond. Pointshare’s help desk won’t respond either. Fees that Henry made us pay for subscriptions to the exchange site were quckly taken by Henry and cashed. He now won’t even come into the forum and tell us anything.
Henry has played us all for fools in his elaborate scamm. It’s not time to call out the Philippine police to punish him for what he has done to all us members around the world.
June 8th, 2007 at 7:32 pm
Henry posted in the PSX forum.
PostPosted: Fri Jun 08, 2007 3:55 pm Post subject: Site Hacking, et. al.
June 9th, 2007 at 4:22 pm
Well the site is down once again. I am really losing faith in this.
June 22nd, 2007 at 2:48 pm
Since Henry`s Businesses are now based in the U.S.A. and has taken in no less than $1,100,000.00 U.S. from 8000 members. Why hasn`t the U.S. Federal Authorities Arrested him. He has commited money laudering, Mail fraud, International investment schemes (scams) including conspiring with others to commit these same crimes. His bank accounts can be frozen around the world because of his involement in money laudering that may be funding terrorist activities.
Just read on some forums that Henry was arrested in recent days,
and now is on bail.
Hope its true, that would be good news.
Yea, the source is coming from PMT. Well even if he’s locked up, there’s not much chance of seeing the money back anyway.
The topic of whether Henry was arrested or not is on the PSX forum. It is an open issue, until it gets verified or proven to be just a rumor.
JMO,
Sharon
Update from someone who spoke to an official (I don’t know if the official was from PSX or the Philippine Police/Government…
“According them (the person I spoke with) No arrests of Henry. It was a matter totally outside of PSX and CNII and had to do with something a long time back. I cant say more than that but thats it in a nutshell. “
It’s time to turn PSX people in to the authorities. It’s a scam and has been all along. The official forum has denounced it as a scam, Henry J Banayat and his cohorts all need to go to jail. File your forms now. He shut all 3 sites down after all the complaints. I imagine they are gone for good.
[xtin Jun 16th, 2007 at 10:59 pm
Hi, I have just saw this thread and just want to comment on it, I am a member of the poinsharextreme together with my husband, I bought the plan 100 and it really works, after 20 days i tried to withdraw my capital and I actually got it. A frend of ours who is also a PSX member lend my husband three plan 100 and I withdrew the earnings after 20 days. So far so good, I am now requesting for my monthly earnings. Just remember they have a withdrawal fee of $10 0.5% of the requested amount. Withdrawal limit is $800 per request and $2000 monthly withdrawal limit. I’ll update you with my PSX earnings.]
UPDATE:
Guys you’re right, this is a scam, after 1 payment now he’s nowhere to find. his former office were shutdown because he wansnt able to pay his rent and all his things except his cheap laptop with th program et. al was the only thing that brought out.
HENRY JAMES BANAYAT is nowhere to find, hiding because aside from PSX memebers looking for him he got few ESTAFA cases and now out on bail. the news is true, He was arrested by NBI & police and out on bail. He even borrowed the bail from a businessman in San Fernando City, La Union. PSX is now active again and fooling more people on his “advertising credits, etc.”
Let us help stop this SCAM. Put HJB in jail. Dont believe on his promises. He’s a con artist.