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A hyip scammer confession - how they make a hyip scam

Hello,

this text below is old but because everyday many new hyip investors come to the hyip industry it's worth reading it for them because top hyip scammers explain there how they prepare to scam and cheat people.

It is still actual and I am sure that this scheme is still used by some hyip admins. It explains how hyip scammers prepare their hyips, how they hide their identify and how they steal our money. It's a very educational article for hyip investors:

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 ones

2- 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.

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Newsletter: BensonUnion, 35three new programs, FxpulsePro, EnzexFinance updates

BensonUnion

I welcome all investors!

As I promised I’ve started publishing a series of articles which may help our readers realize the truth about the activity and nature of hyip programs. 

It's very important to understand how these programs are really operating because with that information it would be much easier for you to create an effective investment strategy. It would be also much easier to analyze hyip signals which often determine when hyips may collapse.

 

The first article from this series is available under this link:

 

http://www.money-monitor.com/article/view/slug/the-truth-about-hyips---part-1---hyip-definition--is-it-worth-investing

 

Now I would like to introduce two new programs which have recently been added to money-monitor. First of them is called BensonUnion. I have to admit that this program has impressed me.  It is obvious and visible everywhere that the owners have put  big effort into building and integration of their project. The program has a professional design additionally supplemented with video presentations and tutorials. Unique script solutions and meticulousness also deserve mentioning.

 

I was considering adding this program for a long time mainly because of their support which usually doesn't work. Their online chat is almost always offline and my support tickets are unanswered. In addition the administrators published information on TG forum that they have no Russian roots but this statement stand in contradiction to the information I’ve gained. I’m in possession of a screen of their Youtube channel which indicates exactly Russian description:

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The truth about hyips - PART 1 - Hyip definition, is it worth investing

Hello,

In today's article I'd like to share my experience and respond to some questions related to hyip programs.

I think that this article should be read by anyone who is interested in investing in such type of programs or his investments are not successful so please share it to your friends. 

Let's begin with the definition of hyip:

What is a hyip?

A HYIP, which stands for High Yield Investment Program, is just what it sounds like, a program offering a high yield investment.

One can often find the Wikipedia definition that is:

a hyip is a type of Ponzi scheme, which is an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors.

I don't agree with this definition because it assumes in advance that every hyip is a fraud and scam and every hyip is based on a Ponzi scheme. Can we say that? I don’t think so, because with such an approach we can also say that every politician is a liar, careerist, manipulator and every  police officer is a brute and robber.

These are stereotypes and generalizations because I know many good politicians and cops. I do not deny that many times it happens that a politician is a liar and careerist, police is brutal and hyips are based on a Ponzi scheme but it is not the norm.

Not every hyip is a scam and not every one is based on a Ponzi scheme. The Wikipedia definition is more an expression of frustration than a fair assessment. The connection between hyips and scams, frauds and Ponzi schemes is the result of the market regulation failure which gives a very good ground for cyber criminal operations. The problem of avoiding responsibility and the easiness of hiding one’s own identity gives a considerable scope for online fraudsters. On the other hand, hyips offer honest administrators and traders  the chance to combine their skills in spite of their problem with capital shortage.

If they would like to accept direct investors deposits in their domestic countries they would have to obtain multi-licenses and spend huge money. By creating hyips through offshore companies they are able to manage a capital without much formality.

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Newsletter: Paid Process, Qioma new programs, ev.biz and Reprofinance scams

PaidProcess

Hello!

I hope that the last week was successful for your investments and you made some profit.  It was not easy for anyone because 2 large program collapsed and turn to scam. I mean Reprofinance and EvBusiness. 

All my predictions come true, everyone who carefully read my warnings could withdraw his money on time. I hope you did that, because these projects were profitable.

In the last week I’ve added three new programs.

Paid Process is the first one which I would like to introduce. Certainly it is worth your attention. Even if it has typical ponzi plans, this program looks very much different from similar programs. The original design, quite well constructed plans and steadily growing popularity can provide a longer life for this one.

There are 2 investment plans. The first one: 25% for 5 days gives in total 125% and the second 160% after 10 days. So far I've received 2 payouts paid instantly to my LR account. This is still a fresh program and its increase in popularity still gives a chance to make a profit here.

A dedicated server and DDoS protection from Staminus are also a good sign. You can process your payments here via Liberty Reserve and Perfect Money.

 

 

Qioma is the second program which has been added recently to Money-Monitor. Quite original name which I do not associate with anything in particular. What does this program offer?

This is a medium-type program based on GoldCoders script. It’s hard for me to trace a real business here (honestly, I am bored with reading the same descriptions about how a given company is large and superb) so I just do not focus on that.

We have 4 investment plans here:

Standard – 5% daily

Advanced – 5.5 daily

Premium – 6% daily

VIP – 7% daily

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new programs
February 16, 2012
new programGelioFund
Status: NOT PAYING
payouts: 2.4-5.2% daily
February 14, 2012
new program35three
Status: PAYING
payouts: 3 x 25%, 100 x 2% daily
February 11, 2012
new programArmada Traders
Status: PAYING
payouts: 105-125% after 1 day, 130-250% after 5 days
Monitor statistics
Last payouts Last program updated Best ROI programs Last blacklisted programs Last complaints
Last payouts
Program name Payment sent Amount Return of investment (%) Payment system
Benson Union 15 hours ago $ 0.60 1.2 %
Wales Finance 15 hours ago $ 0.70 1.4 %
Money Era 15 hours ago $ 0.60 1.2 %
HighlineFinance 15 hours ago $ 0.90 1.8 %
Armada Traders 15 hours ago $ 2.50 5 %
Felmina.com 15 hours ago $ 0.50 1 %
35three 15 hours ago $ 1.00 2 %
Qioma 15 hours ago $ 2.50 5 %
Luxor Alliance 15 hours ago $ 1.00 2 %
Royalty7 15 hours ago $ 3.50 7 %
Last program updated
Program name Date Update content
Luxor Alliance 21 February 2012

[We recommend you to read the LA Weekly's in .PDF format. Here is the link to download this publication: http://luxoralliance.com/labiweekly_issue_5.pdf ] Welcome back to your LA Community! We hope your past weeks have been going well so far and will have a great weeks ahead. We would like to thank everybody for showing such a good amount of support in the forums and monitors lately. Our 3000 strong member base, must be satisfied with our extremely professional service, thanks to all of them for making us the one of leading High Yield companies. Some of you might have noticed and some of you might have not but in 2 days we will be having 3 year old anniversary of Luxor Trade LLP. 3 years back Adam Grant founded our main company Luxor Trade LLP and he brought this company to the point where it's now. To celebrate our success and share our excitement about this great event we decided to give you opportunity to make some more profit. Starting today at 9AM GMT and till 23rd of February 11:59PM GMT you'll have a chance to invest in our "Anniversary plan". The Anniversary Plan offers : 5% daily for 5 calendar days with a principal back after the plan completion: Minimum Investment $3 Maximum Investment $3,000 R.O.I - 125%. Expires 23 February 11:59PM Luxor Alliance is a successful organization with hard working, devoted managers who are always trying to better service and create the best environment for it's clients and investors. We can not offer any abnormal high return investment funds, so prevalent in HYIP market but at least you can be sure that with us your money are safe and are working every second of the day. Also after a lot of deliberation and negotiation we're introducing to you another big innovation. In constant search of ways to create the best experience for our valued LA Community members. Our staff at Luxor Alliance have decided to add AlertPay payment processor. Our AlertPay has been passed business verification and it�s ready to operate. We made sure it is fully secured and functional since security of our investors is one of our main concerns. Our third phase of advertisement campaign, has just started. We bought advertisements at some more monitors. Just as before, LA will be all over! For non-English customers, we have installed the translate bar. Now LA will be available at your selected Language. Lastly, our first ever video review has been podcasted by HYIP- News. Enjoy! https://luxoralliance.com/index.php?a=cust&page=reviews Luxor Alliance official video will be published within few days. Mr. Adam Grant is personally working on it. Stay tuned with LA for better and bigger profits! Don�t forget to follow us on social networking websites; our Facebook page address is: http://www.facebook.com/pages/Luxor-Alliance/28821293456319 http://twitter.com/LuxorAlliance We continue to work, and make profits for our clients!

Felmina.com 20 February 2012

This is the official weekly newsletter from Felmina Alliance. We would like to inform you that we will observe 2 official holidays this week. First, Washington's Birthday on Monday, February 20, 2012, is one the of the official holidays in the United States. Then comes the Carnival's Tuesday, February 21, 2012, in Panama. According to our terms of service, no interest is paid on weekend days and the official holidays in the US and Panama. The next interest payment will be made on Wednesday, February 22, 2012. We are also working hard on improving our system and making it even more user-friendly to our customers. We put special emphasis on new payment options for both deposits and withdrawals. In our previous newsletter, we have mentioned that we are working on adding debit cards to the list of available withdrawal options. We hope to more information on the subject shortly. Naturally, we will update as soon as we have the news. We are also very happy to see the extremely positive response from our customers and site visitors to the recently launched Regional Representatives program. At the same time the whole thing is still a work in progress, so we apologize for any minor inconveniences and technical glitches you may encounter from time to time. Also, if you have not received a reply to your application for the Regional Representative position, please kindly resend your applications. Please find a moment to visit our official Facebook page at http://www.facebook.com/Felminacom. This is the fastest way to read the latest news and updates. Please do not hesitate to contact us should you have any questions and need help with anything. Your thoughts on how to improve our website and the services we offer are more than welcome. -- Best Regards, Marketing Department, Felmina Alliance Inc.

UInvest 20 February 2012

Today on Monday 20th of February 2012 from 15 to 16 GMT we will be performing maintenance works on our servers. During this period of time UInvest website may be inaccessible. We apologize for possible inconvenience.

Best ROI programs
Program name ROI
HighlineFinance 385.20 %
Royalty7 350.00 %
Sportarbs 294.00 %
Eurex Trade 202.52 %
UInvest 154.61 %
Felmina.com 152.64 %
Money Era 106.80 %
Luxor Alliance 70.00 %
Qioma 65.00 %
Solid Forex Ltd 62.40 %
Last blacklisted programs
Program name Reason
Expertearn scam
Paid Process scam
Investionality scam
Etoro Gain Club scam
RePro Finance scam
Macro Trade selective payments
PaidJack website offline
Maxi Earnings scam
TheForexFunds selective payouts
Arbs Web Ltd scam
Last complaints
Program name Date Sent by Status
EVBusiness 2 weeks ago susumaster pending
Worldwide Capital 2 weeks ago HYP unsolved
EVBusiness 3 weeks ago abdulraiz unsolved
EVBusiness 3 weeks ago Trombo unsolved
RePro Finance 4 weeks ago HYP unsolved
HyperCompound 2 months ago atuns pending
Sportarbs 2 months ago mikeandlinda pending
Sportarbs 2 months ago mikeandlinda pending
Sportarbs 3 months ago mikeandlinda pending
Macro Trade 3 months ago Ziggy pending
Last feedbacks
Program name Date Sent by Comment
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