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Bad news about Ppip
Tags: Ppip.Another one down. Another respected forum member offering a honest trading site to fight off scams lost the majority of funds due to a “Superman” Hacker. Sorry for your loss Poam.
Earlier this month one of my E-gold accounts was hacked, lucky us there wasn’t much in it.
But…. it seems that, that hacker have gotten into my computer one of my trading days, taken everything I logged into that day. Almost everything is gone.
Bet on markets, empty. Forex, empty. E-golds, empty.
It was the same day as most of the private investors I was cooperating with had send the profit, and some of the trading capital I gave them. (Because I was trying to move the funds around to the best traders).
The bastard hacker even took everything from my personal E-Gold account..
- People(and me) thinks our gold and trading accounts are secured when we use different codes to them all, in my case they where all over 20 letters(big and small case) and numbers. And I use expensive Anti virus, anti hacker programs. But they’re not secure.
However it’s not all bad. I had a reserve pool, and I didn’t have all the private investors money on the hacked accounts. Sadly what I have left in the highrisk account is 5%.
Lowrisk investors where more lucky because the account from witch the danish debentures was brought could not be hacked. So I have 50% of the amount that was invested into that pool left.
Sorry all you guys that trusted me.
What I have left on the account will be paid out this week.
And thats the end of PPIP.
Popularity: 3% [?]
loool
I don’t understand how he had that money into his e-gold account instead the forex broker, it doesn’t sound credible!
When you withdraw some money from the forex broker to pay members it’s only the profit generated: few money, and if a hacker steal your e-gold account perhaps this hacker could steal only the new deposits or this profit, nothing more. The big amount is in the forex broker!
Or… is he going to tell the same as PeterB?, was he withdrawing all the funds from the forex broker to e-gold? lol
question: How big was Ppip anyway? In terms of capital, not membership.
How much was stolen? Did he post any proofs?
Regards,
Dan
Tsk tsk, that’s a load of BS. I actually thought about joining this – admin sounded credible and are from Denmark like me, glad i waited.
Actually i were wondering why admin suddenly werent updateing at MMG anymore, he usually updated every day and suddenly he didnt write anything in the thread for 14 days or so, and now this.
The forex account being hacked and emptied? Come on man, come up with something original if you wanna scam.
/Machenka
Bull-Shit ! ! !
Please give more concrete proof and explain why so much funds are in your e-Gold account and not the trading account.
I don’t believe in old, honest, senior or trusted member. There were a few of them who also lied and disappeared.
I think you are just another one them FU…NG SCAMMER !
Please explain yourself …………
Sigh, either you work with someone that’s honest and doesn’t have the temptation to gobble your hard earned money as it grows, or don’t invest at all in this arena.
Only a few are, and that’s why it’s hard to find genuine opportunities here.
I agree on you, Jude…
I also agree Jude. A person who may not even consider running off with $50,000, might think again if the account grew to $150,000
And, what if he suddenly ran into some financial difficulties. The pot of money could look awfully attractive if you know there is not accountability.
People are trained from the beginning to expect to lose their money. If you are giving your money to a 3rd party there is no way to be 100% sure that your funds are safe.
The best choice is to open a brokerage account and let someone trade it for you. That way you keep total control.
The next choice is to invest in a pool that is run by someone who gives complete transparency and at least give the impression of someone who is trustworthy. The transparency would involve posting screen shots or better yet allowing someone access to the account on a regular basis. It looks like Infinity Shares may be a good candidate here.
This will at least let you know that real trading is going on, but it does nothing to guard against theft. The pool admin could still run away with the money.
It is sad fact but the risk a lot people take chasing the big returns.
Paul
it’s not the first time we have fake traders from Scandinavia. Most of the time, there are managed by the SCAM Team of the most famous scammer UK OZZIE