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Jimmy Crane is at it again! He is trying to bring back ZoomInvest from the dead. This will be the third resurrection of ZI. He scammed so many people out of their money that I’d be shocked if he gets more money from previous members. However, he just might because of the sneaky way he’s trying to get new money. As you read the update below, please remember that Jimmy scammed before and he will scam again! If you’re a former member, it’s best to cut your losses and move on.

Here is the update…

Hello,

Jimmy has brought back Zoominvest. He never left for good. A few members who tried getting more money from him while they didn’t put much into the old Zoominvest is one reason why he left. But he brought Zoominvest back with some changes:

-NO REFERRAL COMMISSIONS

-1% DAILY INTEREST, WITH NO COMPOUNDING

-WITHDRAWAL FEE OF 25% APPLIES TO WITHDRAWING PRINCIPALS ONLY.

-PROFIT WITHDRAWALS HAVE A 10% WD FEE.

-MINIMUM DEPOSIT IS NOW $5. MAXIMUM DEPOSIT IS $5,000.

-MINIMUM WITHDRAWAL IS $5, AND THIS APPLIES TO PROFIT AND PRINCIPAL WITHDRAALS.

Jimmy will give out refunds of your account balances from the old ZI. For every deposit you make, Jimmy will add the same amount of that deposit to your account at the new ZI, until the amount of money he adds tends up totaling the amount of your old ccount balance.

Example:

Your AB at the old ZI was $300. You make four deposits of $50 each at the new ZI. Jimmy adds an additional $50 to your principal balance at the new ZI, giving you a total of $400 in the new ZI account.

You then make a deposit of $120. Jimmy will then add an additional $100 (NOT $120) because he previously added $200 from your previous deposits. This free money he will add to your account after you place deposits is your refund money. Which means in this example, he gave you your full $300 refund after you reached the level of $300 in new deposits. Which means the free money would stop on future deposits that you make.

This refund money can be withdrawn from your principal at any time. And you do not have to make a big deposit all at once in order to get the full refund. You can make additional deposits at any time if your old AB was a large amount. And the refund money will be added to your AB after each time you make a deposit, until the refund money adds up to the amount of your old AB.

EVEN IF YOU REMEMBER YOUR USERNAME AND PASSWORD FROM THE OLD ZOOMINVEST, YOU WILL NOT BE ABLE TO LOG IN AT THE NEW ZI UNIL YOU FOLLOW THESE STEPS RIGHT BELOW, FOR THE REFUND PROCESS.

IN ORDER FOR OLD MEMBERS TO LOGIN AT ALL, THEIR ACCOUNTS MUST BE VERIFIED BY JIMMY FIRST,

Here are the steps for the refund process, as well as the same steps for getting your old ZI account’s login details re-activated:

1. Submit ticket by going to http://zoominvest.org/support containing username; email id, e-gold number that you used at the old ZI, and your ZI deposit history from that e-gold account.

2. After Jimmy verifies your deposit history, he will send you an email with your ZI login details, enabling you to login at
http://zoominvest.com

3. After logged in, make deposit in your new account and Jimmy will make a free deposit of amount either equal to your deposit or your old account balance (which ever is lower). The free deposit from Jimmy’s side will be given manually, and until the total amount of free deposit reaches your old account balance.

PLEASE USE SINGLE TICKET FOR THIS PROCESS.

And lastly, the Zoominvest forum is up and running as well. You must register there in order to post.

http://zoominvest.org/forum/index.php

Best Regards,
ZI-Helper

There are all kinds of things about this update that tick me off! The short list is:

• Jimmy scammed a lot of people the last two times he ran ZoomInvest.
• You have to spend new money to get your refund.
• You have to let your money sit in ZoomInvest for a month in order to cover the whopping 25% w/d fee. (I seriously doubt that he will be paying anything in a month. If he pays at all.)
• You have no idea what Jimmy considers your old account balance is. (I tried to move an account balance from the first ZI to the second ZI opening last summer. Several people, including myself, had significantly lower account balances after the move.) It could be over or under your original deposit. Also, I suspect several old accounts won’t be “found” by Jimmy.
• Even if Jimmy agrees with you on what your former accuont balance was, you will not get that amount, even though the beginning of the announcement makes it sound like you do. You get the LESSOR of your account balance or original deposit in the old ZIs.
• He repeatedly refers to your refund as “free” money. As if he is giving you something that isn’t already owed to you!!
• He hid behind the signature “ZI Helper”. I view that as cowardly a move as when he refused to respond to any one that had a problem for the entire 2nd ZI’s run of one month.

Fortunately MMG still has ZI in the closed section. I hope it remains there or is moved back to the scam section. The majority of the posts talked about how the past two ZIs scammed them. There was one major supporter, JDT, whom I can only assume works for Jimmy or IS Jimmy.

Before I close this article, I want to tell you about the one conversation that I had with Jimmy Crane on yahoo messenger. I asked him about the large difference in my account when it moved from ZI #1 to ZI #2. He gave me the run around. I pressed for an answer. He asked me if I was female. When I said yes. He actually had the gall to say. “Well, that explains it. You wouldn’t understand.” I asked him what he meant. Jimmy told me that “WOMEN ARE NOT SMART ENOUGH TO UNDERSTAND FINANCES!!!”

Usually I try to let the readers decide for themselves about a program. However, I have a very strong opinion about Jimmy Crane and ZI’s third time around. Stay away! Stay very, very far away!! Please do not let this scammer get away with new money to steal!

JMO,
Sharon

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