No Bullshit HYIP Blog, A Part of No Bullshit Network

Just how low will a scammer go? We’ve all talked about what scum Richard, the HYIP ring, Andy, etc. are, but I’m not sure they would sink as low as the admin of the former Please-Invest scam. He claimed his name was “William” when he stole over $200K running PI, but then again he has [...]

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 [...]

Its very obvious that when JF was not released for the public yet, Arnaud(the owner) generated some very nice returns with a +71% profit peek in february 2006. Then he decided to open his program to the public around april of that same year. At first profits were very decent but after a month or [...]

Blaming E-gold on their indictment to their program failure is lame, as Jose from Noponzi brings the news up on NN‘s RSS partner feeds on the closure of LightHalzen. If you’re a ponzi, you’re ponzi. No excuses. Our Beloved Knights and Knightresses, We bring this unfortunate news with a laden heart. This is going to [...]

Do not invest in Sapientinvest any longer! They ran away but they decided to keep the website up to lure more victims in it before disappearing! Spread the word! DO NOT SPEND THERE, you have been warned! Lets put these scammers out of business.

It comes as no surprise to me that Please-Invest is down. Quirky explanation from the admin himself. Dear Please Invest users, Anyone who has been paying close attention to Please Invest for the past two weeks will be well aware that as of the end of April we have been demonstrating difficulty is completing pending [...]

It’s a little late but Curt has good updates on investors recovery on these two huge scams with articles titled ‘Solidinvestment Progress’ and ‘Troybank Lawsuit Info’. Troybank had 3116 Victims. Victims are ones not in profit or break even. Their distribution will be about 20 cents on the Dollar recovered, that is even after lawyers [...]

Got an email from one of our reader asking me to review the above programs after receiving our monthly e-zine. I wouldn’t know how to explain but it just comes to me pretty quickly that both Dividendltd and Forexsystem.biz are nothing but pure ponzi scam sites. It will come to you straight without fail when [...]

After posting a comment to Jude’s late January post about A3Union, I was again struck by the ongoing and unanimous success it and the more sophisticated HYIP scams like it experience. Once a novelty, such programs have become much more commonplace over the past year or two as scammers adapt the working of their craft [...]

I was away from the computer for close to 48 hours and apparently I picked the wrong time to take a break! The TriStar and CEP news broke all over the place. I had planned to write one article for both giants, but now feel that it would be an injustice to CEP. So, here’s [...]

The saga continues… In my last article Ad Daily Network pleaded to get their funds in TriStar Money Changers (TSMC) unblocked. When their account was unblocked, they wrote a thank-you letter, praising Bs King, which sounded coerced. He’s at it again, blocking more accounts. Thanks to Dolphin, Dolphin’s Wink, for posting the latest information in [...]

If you were a member of 9PlanetNoSurf, then you probably watch(ed) 9PlanetReviews for any refund news. Normally I read 9PlanetReviews as part of my daily reading, but not for much longer. Here’s a run down of this week’s updates: Tuesday, 03/20/07 – John posts an email from one of his disgruntled former customers. First, John’s [...]

If you do receive anything from Micheal Bruzesse and/or Scott Hare with legal proceeding against Solid Investment, please provide as much information as you can. Check out Ponziscam’s entry on this one. So it’s not really end of the world after all

Curt, PonziScams, has two new interesting articles plus another from a couple of days ago. Curt is very good at sniffing out scams. It’s well worth visiting PonziScams.com regularly! OpenTrade-Moved-To-Scam-on-TalkGold – 03/18/2007 (Update: OpenTrade Moved Back To Current On TalkGold – 03/19/2007) ASA Member Thinks TSMC Is Worthless – 03/17/2007 18hitsdaily.com – 03/15/2007 Don’t forget [...]

Curt, Ponziscams would like any Troybank investors to leave a note on how much have you invested and lost here. To only US investors of Troybank, there might be something that could be done. I’ve listened to his proposed solution and it sounds really promising. If you are a victim residing in the states, plug [...]