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Just received an email from Rupert, PPREI
Hello
How are you?It has been a long haul to get the new PPREI site up and running, but we are finally there
The truth is, the site was ready a few months back and we were about to launch it but then we heard about rumors at FriendlyPay so we held off. FriendlyPay then stopped processing transactions. At this time we decided to no longer accept FriendlyPay. FriendlyPays payment system was heavily integrated into our new back end script which took a long time to do as it is not the easiest to work with (however it is very secure). So we had to change all the code for the script and re-do the site. That is why the long delay.
Now what……Well we have decided to no longer use an Escrow provider as we still do not know what is happening with FriendlyPay, and to have money tied up in any Escrow payment system is crazy. We are now using PayPal, Ebullion and Wire.
Why these options?Simple…..PayPal has been around for a very long time and we have checked to make sure they allow Real Estate payments and our service (which they do). Ebullion has also been around for a long time and is located out of the USA or Canada so it shouldn\’t suffer the same problems that Egold is having plus it is a very secure site. Wire transfer, this is the easiest way to transfer money to us as you can wire it directly to us.
PPREI was built with safe payments (Escrow Payments) however with the loss we may face with FriendlyPay we can not allow that to happen again. Everyone that invested using the Escrow system, your money is still invested with us. Even though we may never get that money out, it is still invested with us as that was our promise that your funds would be safe.
REFUNDS:
For those that do not feel comfortable moving forward using these new payment options we will provide a refund back through how you paid. We will simply cancel your Escrow Payment(s) you made with us through FriendlyPay and you can try to get your money back out. Or you can leave it invested with us and if FriendlyPay doesn\’t come back then we will be the ones to take the loss as you have already invested the money with us.Those of you that have invested into the Early Bird plan on the old site please go to the PLANS page and you will see a plan named OLD EARLY BIRD PLAN. You must use that plan to continue investing your monthly payment until the entire 24 payments have been paid (payments from FriendlyPay plus the new payments).
We wish to thank each of you for your patience with us while we changed our site. Without you PPREI would not exist.
Rupert
PPREI Admin
Invest in your future.
On the other hand, I haven’t heard anything about FriendlyPay, maybe we should ask Mark, the SE for digital currencies.
Popularity: 67% [?]
Yeah, I think FP (FriendlyPay) is gonna roll over and die eventually. It’s a shame because the escrow service really made PPREI a unique program.
Its amazing how payprocessors keep stealing money from honest opportunities. Before stormpay, payprocessors were considered extreme “safe”. People believed if they withdrew money from programs they had it made, payprocessors were considered as safe as a bankaccount. But look how the situation evolved in a few years time.
Stormpay : Gone
Intgold : Gone
Evocash : Gone
E-gold : Major issues
EMO : Gone
Friendlypay : Gone
And I only mention a few here…facts are 99% of payprocessors are just as high risk as a ponzi giving us 12% a day. The key now is to invest early, run early and get your money out of the boggus payprocessor as quickly as possible before it decides to keep your money.
Maybe Rupert is honest, but even if he is, he losts tenthousands, if not hundred thousands of $$$ all stuck in friendlypay. This is another very hard hit for the honest investor.
I’ll see if Rupert wants to address the issue in here and NN, might be interesting.
I would start a lawsuit against friendlypay if they dont come back. I dont know how much money they stole, but its at least a couple grant.