Newsletter: EgoPay in troubles. MajesticSwan and CryptoStrategy new addons RSS - comments

Hola mis amigos,

it will not be the happiest or bubbliest of newsletters, I have to say. We're trying to get to the bottom of the EgoPay situation and hoping that it is not some big old LibertyReserve déjà vu.

People usually love their déjà whatevers, but trust me, amigos, you will not like this one. However, we did add two cool programs to our esteemed list, so be sure to check that out!

 

NEW PROGRAMS ADDED: MAJESTIC SWAN, CRYPTOSTRATEGY

Two program characters lead our way today: Majestic Swan and CryptoStrategy. Good names, interesting programs.

Let me start with something Epic, I mean, Majestic, that flies. With a glorious home page photo and domain name locked until 2014, Majestic Swan is sure making an impression. When you add to this the location, the Cayman Islands (BritCay House, 236 Eastern Avenue, George Town, Grand Cayman, Cayman Islands), and a put together website, this little bird tells us that it's all about the Forex: "as a fully legal company with over 4 years of experience in the trading business, we leverage our services on providing our clients with maximum returns on their investments". Its pretty website is secured with Comodo RSA Domain Validation Secure Server valid until December 2019.

As one may notice, the company seems to be all about the long-term commitment. Unfortunately, not much is known when it comes to the people running the program; all you get are stock-photo-looking pictures of the CEO, founders and managers. Advertised in a youtube clip as "the elite investors club", Majestic Swan offers the following plans for the long-term lovers: Beginner, Intermediate and Advanced all "have no fixed length investment term, in other words you will be receiving daily interest payments for as long as you wish to stay with us".

EgoPay turned to scam or hacked? RSS - comments

egopay scam hackedFor some time now there has been some speculation regarding a very popular payment system, namely EgoPay.

It started more or less a week ago on HYIP-related and very specialized fora and there has been no stop to messages, posts and articles regarding the issue.

What is ”the issue” everybody’s talking about? EgoPay regulars started complaining that funds were missing from their accounts. No small amounts of money either, one should add. What’s more, exchangers could not (and cannot) withdraw their funds from EgoPay — regardless of the payment method chosen — as they are ”frozen”. Despite several attempts to contact EgoPay directly via live chat or e-mails, no enquiries regarding this case were answered. One cannot be sure whether it is a coincidence or cone of silence since there has been no official statement issued by EgoPay.

Some call it a ”scheme”, some ”theft”, others ”misunderstanding”. Officially, Ego Pay calls it a ”system hack” in which money were ”temporarily frozen”. Unofficially, it has been said that the whole issue may stem from a disgruntled ex-employee (there are some major changes going on at egopay currently, which includes management changes) or that merchants received e-mails with ”fake transactions”. Another big player in the payment processor game, Payeer, has joined the discussion saying that EgoPay stole their money as well. Sources say that the money in question was no less than $200,000:

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