nobsMailing List
Sign up for our free monthly e-newsletter.
nobsNetwork
Nobs Network Forum Nobs Invest - Nobs Investment Community Nobs Forex Blog Forex for Beginner
nobsPopular Entries
Disgusting HYIP Ponzi Ring – FAPIC, INVEX, E-BASTION, TROYBANK, ITRADE4U, OPENTRADE, etc.
HYIP Scam Warnings, HYIP Scams, Scams, HYIP Tips, HYIPTags: No Tags.
In 2005 there was a famous letter from a HYIP ring that explained how they opened up HYIPs for the sole purpose of stealing the member’s funds. Yesterday a new letter was posted at MMG in the ITrade4U thread. Could it be the same ring? The letters are similar. If it is, then they are still fooling most of the people and stealing huge amounts of our money!
First, the ITrade4U.biz website is for sale. They boast running FAPIC, INVEX, E-BASTION, TROYBANK, ITRADE4U, and OPENTRADE. You can see the advertisement here.
Next the letter to Invex Group members that outlines how they run their scams…
Dear Invex Ltd. Players,
This is a long message and will be the last news you will hear from us… until we open our next HYIP. We want, kindly, recommend you stop losing your time by looking after us. Anyway, for the cyber detectives, here is how we worked.
1 - The basis is having 100% false ID documents. For $200 you get a really nice looking pack of documents, even nicer than legal ones2- We rented a nice apartment with fast internet in a nice city near the sea, with false documents. We then bought a new desktop computer and a new laptop, installed some fresh programs.
3- We opened a bank account with false documents, put some cash on the account, and got a nice true debit card.
4- We opened e-gold accounts and funded them from the bank account above.
5- A bit later we opened e-bullion accounts, funded by… you, idiots who “invested”
OK? Now we have e-gold, internet, a place to sleep, eat etc, all without possibility to track us. A major question was “Must we open a real company”. We decided that NO, as people are so stupid that they believe all what they read. And you know what? It is true Invex Ltd. and Lomax Group Corp. are pure fantasy
Okay, let’s go to work now!
1 - Opening a domain name and booking a server at the katzglobal scammers’ best place, paying with e-gold.
2- Later, booking a dedicated server and paying with… the debit card coming from the bank account above
3- Renting Prolexic, and paying them by bank transfers from…. an e-gold exchanger The gold came from YOU idiots who “invested” !
To specialists who want to track us by the IP addresses, we kindly recommend you to use Google and look at JAP, Freenet, I2P, TORR, etc. You will understand that our IP come from anywhere in the world, beeing chained between servers who cannot track them. And even if so, the last IP address, the place where we lived, was this nice appartment near the sea, that we left some weeks ago Oh, the computers were given to a charity, after the hard disks were physically deleted
Other pros say “Let’s track the money”! Great idea, but don’t forget that even the ******* muslim terrorists cannot be tracked by the special services
How did we withdraw all your nice donations? That’s easy, thanks to mygcard who supplied us hundreds of anonymous debit cards that our friedns and us used in various countries! Alain Vignard from mygcard received $20.000 cash in hands for helping us to find the ATM with no “$800/day limits”, and telling us how to use the cards at the best. Well, Alain tried to scam us later, but that is another story
We also used bank transfers from the best exchangers, who have no problem at all sending $100,000 or $200,000 every 3 days to bank accounts in Panama, the BVI, etc Nice offshore places outside the EU and the US Track the money there, dear friends!
Oh, about exchangers, we worked with one of them from Australia, and where a bit afraid at the beginning, as he wrote on his website that he “verifies ALL data” from his clients. LOL ! His fee is 2%, we kindly offered him 2% more “to preserve our privacy” Look at our dialogue by email:
- HIM: 2% more is a good offer, but is your gold clean? We don’t want to work with scammers.
- US: Of course, what are you thinking? We are honest businessmen and just want to keep a low profile.
- HIM: OK, i can see you are not scammers, just send me the gold and 4% fee instead of the regular 2%.Thank you mister G. ))
As I am in a very good mood, I will also explain you something: Most of the biggest HYIP are run by us, a professional team. And when other scammers try to enter our market, BING! If they are interesting people we try to buy them, if not DDOS attacks make them shutdown To be sure our rating is the best one, we also pay the admins of a few monitoring programs, including the biggest and “most reliable” (LOOOOL) one!
Our business is to make money. We use 20% of the money we get to help poor and disabled people around each of us, 20% other is given to some “political” associations that fight against ISLAM (Hey guys from the Emirates, Bahrein, Kuwait, etc etc, did you read this? THANK YOU , and the balance is for us.
We have currently a dozen of HYIP running, are going to close some of them, and of course to open new ones! We are working like this since a few years, and all is working fine!
But you know, it IS possible to make profit from HYIP: Just do it QUICKLY! Look: teamaaronshara@bellsouth.net made $6,580 profit with us, including the commissions they got by sending YOU IDIOTS, to Invex. These people are really scumbags: They are making profit by making you lose!
As a clever guy told in some forum, “there were no guarantees, so no need to cry”. YEP! We NEVER gave any guarantee to ANYBODY (unless Titanium plans, and you should notice that THESE guys do NOT cry on your forum, try to guess why…!), we even recommended those who ask for guarantees to go to their local bank They didn’t? THEIR CHOICE!
When reading your forum and others, we really laugh! So, most of you were already scammed by other HYIP? By our HYIP maybe Anyway, it seems that you don’t understand what a teenager is able to understand! So, you continue to “invest” here and there, and that is good… FOR US! For you, I am not sure When I see a GREAT SPECIALIST, the “Andrewunknown”, proudly saying that he lost $40,000 into Invex but that he will recover from other HYIP, WE ARE LAUGHING, FALLING FROM OUR CHAIRS )))) Moreover in his list of “no ponzi”, LOL, some of them are from us ))))
This is an excellent lesson on why you shouldn’t throw your money away on ponzis. As a reminder, please read my article on the subject, Ponzi Scheme – Pond Scum. If an expert, like AndrewUnknown, can be suckered by these guys, what makes you think that you can tell the difference between real and ponzi without verification? If you can’t verify that a program is real, steer clear. Just say no! Let’s shut these scum down by not giving them any more of our hard-earned money!
Thanks to Jan ROI at NoBS Network Forum in the Itrade4U thread for this important information.
JMO - Sharon
P.S. They mentioned team Aaron and Sharon. Just an FYI. I am not that Sharon and have never even had any contact with either of them. My personal opinion of them is quite low. I mention this because some people confused me with her a couple of months ago.
Popularity: 15% [?]
I got TeamAaronSharon on my Yahoo List, I will ask to post their opinion here
Great advice Sharon….but as to these people sooner or later they will meet their fate. Like the French say:” Rira bien qui rira le dernier!”
This thing has been floating around for at least a year.
http://www.hyipdiscussion.com/207242-post1.html
But it’s good to dust it off now and then for the benefit of those still new to HYIP. Nice little wake-up call! LOL!
Lucky I came out of this with a small profit.
Cocky group of BASTARDS and low-life SCUM-BAGS !
Hope we will find some way to counter them and spot them in the future……..
>: (
You can call them scum-bags all you like, but at some point the people who put money in have to hold up their hands and say “this doesn’t work”. Look at it from their point of view - it is just too tempting for them not to do it. People aren’t stupid, but they do lose all sense of reality when the prospect of making money comes into the equation.
I got suckered in once, and made the decision that instead of trying to win it back on hyips, I would accept that it just won’t happen - unless you are willing to be a bit devious yourself (TAS for example), by referring those who know no better etc.
Bottom line, if you aren’t going to be proactive in your approach to making money, you aren’t going to succeed. There are of course some exceptions, but in the main they involve those who have already made large amounts, and can put it to work for them in secure environments. At least the newest craze of forex trading means its up to you how you perform, although at least 90% of people are going to fail - I know I don’t have the long term discipline to trade like that - do you?
Anything that is public, accepts e-gold, and returns anything more than 15% a month will usually not make you any money for whatever reason. And many more will fail even if they meet those criteria. You either have to realise that you’re the one who has to put the effort in when trying to succeed online (either individually, or by teaming up with others), or that you shouldn’t try and put your cash into online endeavours.
That’s just the way the people who run these hyip rings do it - they have a goal, they actively work towards it, and they succeed. Ok, so they are dishonest, which will probably eventually catch up with them, but the point is they actually DO something.
When are you going to start to do something too?
Sharon you may remember this post I did a while ago:
http://www.ponziscams.com/blog/due-diligence-explained/
This shows how they are all connected
Simon, you truly are wise beyond your years. Outstanding post.
Thanks for that HYIPDiscussion link, Opie! I knew about the 2005 letter, but didn’t realize that there is one from Invex last year. That was about the time I took a hiatus from HYIP for a couple of months.
Simon, Great Post!! Hopefully some people will save their money and some heartache by staying away from these scammers.
Curt, Yes, I do remember your DD information. I should have included it. I was just so angry when I posted this article, that I forgot. I’m really glad that you added your link here. Thank you for all that you do!
JMO,
Sharon
@Sharon
Please, don’t worry.
Invex & Co mentioned “Team Aaron and Shara”, not “Sharon”.
HI ROI,
Sorry about that! I changed the article to thank you.
(Yesterday seems to be my day for mistakes! LOL)
I’m not quite sure what you mean by “so much forex negativity”, though. I’m not negative about forex. People who learn the ends and outs of forex and can make a profit from trading do quite well for themselves! While I personally don’t have the stomach for it, I applaud those that can do forex trading profitably. However, these people in this article and other HYIP scammers do not actually do any forex trading. They lie and say that they do. (There are some HYIP programs that do real forex trading and these are not scammers.) I am negative about scammers! They infuriate me.
I agree that the possibility exists that some HYIP forums work with these crooks and would get paid handsomely for it. You can rest assured that Jude is NOT one of them. None of the NoBS sites, solely owned by Jude, work with scammers in any way. In addition, Jude would never sell or give IP addresses or email addresses to anyone. I have been working closely with Jude for well over a year and have complete faith in his trustworthiness.
JMO,
Sharon
HI ROI,
Wordpress automatically filters comments to catch spammers. Just like email filters, it sometimes catches real comments. The filter sends the comments to moderation. From there we look to see if it is real or spam. If it is real, we approve it. That’s why comments sometimes don’t show up until we’re logged on and can do the approval. As you can see, your comment shows now.
- Sharon
These scumbags should be sent to Guantanamo…. see how they do their!,,, Freakin scumbags…
Hope their e-gold accounts are blocked so they can’t withdraw our money.
With all this fuss about e-gold and blocking certain accounts, I wonder do they block scammers accounts?
Very interesting read here, Now I understand a bit deeper what Steve our Bank Agent Admin Member is saying about - All the Scams out there having a pattern which can be identified when looking at there website. He mentioned that 2005 mail as well, I even read it but did not catch the point about it at that time.
Now the question remains, how can we as a real Team without the intention to scam and run deliver a DD without jeopardize our Security. How to stay away from that area. Because when I read that lowest ever read letter it says that they simply bring real systems down via DDOS attacks.
I will mention that soon during our meetings and what we can do from our side of the Deal.
Yours
Felix
I’m not quite sure what you mean by “so much forex negativity”, though.
There is 10% of traders who are capable of making a profit all the time. Its rare one of these traders start up an own program to “share” their profits tough.
Ok, so I’m slightly confused. OpenTrade.net is listed as being run by the ITrade4U.biz site. Is there any confirmation on this? OpenTrade also invests in FOREX trading, or at least claims to, which according to SHARONSOPINION…
“However, these people in this article and other HYIP scammers do not actually do any forex trading. They lie and say that they do. (There are some HYIP programs that do real forex trading and these are not scammers.)”
So how on earth is anyone supposed to determine the legit from the fake? Or is there even any that ARE ACTUALLY legit? Is there any HYIP that anyone knows of that has been around for say….10 years?
There are no Legit HYIP. None can last longer than the length of either new members or existing members putting more money into it.
So how can you tell what is HYIP then? For example, OpenTrade does not call themselves a HYIP but pays up to 2.2% interest daily? They say they invest in FOREX, so how can you tell?
HI TheDancingSamurai,
I happen to disagree with Curt. A HYIP (high yield investment program) is an investment program that is higher than your average investment vehicles. The problem is that 99% of them are fakes. They really aren’t investment programs, instead they are ponzi schemes. Because of the ponzi schemes, the term HYIP has gotten a bad reputation.
However, there are some real, legitimate HYIPs, although the legitimate ones hate that terminology due to the name’s association with ponzis. A real program is one that takes deposits, uses the money outside of the program to generate a profitable revenue and then returns a profit to the members.
Ponzi schemes on the other hand takes deposits, takes more deposits and returns a profit to the first members from the later deposits. They must continually have new deposits and members in order to pay out earlier ones. Eventually, the payouts out pace the deposits and the scheme collapses. Scammers shut the scheme down long before they owe more than they’ve received. The scammers will also do and say anything in order to keep the scheme going for as long as possible. “Investing in Forex” is one of the most common lies.
Unfortunately, the length of time that a program has been running is not a good indicator. There have been some big ponzis that lasted 18-24 months or more!
A couple of months ago I compiled a list of ponzi scheme indicators. The article is “Ponzi Scheme - Pond Scum.” I’ve heard from several people that it has helped them spot the scum. By the way, a 2.2% daily interest is too high for any legitimate program. A high ROI is one of the biggest indicators.
The confirmation that OpenTrade and ITrade4U were run by the same scammers was from the scammers themselves. The second link in the article was to one of their sites for sale, where they boasted about the programs they’ve run. (I’m sure it isn’t even a complete list!) Unfortunately, the information is no longer at the link. However, someone at the MMG thread (first link) has the information copied in a comment.
As for your question about are there any legitimate high yield programs, you’re welcome to email me. I know of three. I’d be glad to tell you about them, however they are all closed to new members until at least next week. That should give you time to investigate them first. You should always investigate a program before putting in money in them. It’s better to be informed, than it is to be blind.
JMO,
Sharon
Hi,
When I checked their software as genuine or not, I got negative results! I was really surprised because I considered opentrade and is4ever as the two reliable hyips for long term investments.
Where are the law makers? Where are the big media? Any journalist bravely disclose the scamers’ working tactics to the public to prevent more innocent people fall victims to these thieves? From phycological point of view, most “investors” think that they have done enough homework to investigate the “company” they are investing in, with the perception that “there must be some good ones, and they have found the good ones”. If the public understand the general charateristics of these programs, less people would have unrealistic dreams on them, and less will fall victim to them.
i put in a couple hundred to test opentrade and all of a sudden their website vanishes. what a a @#%&* crock