By Oluniyi David Ajao on Dec 29, 2006 in E-currencies, Scams | 6 Comments
About 11 months ago, I read a newsletter from Capitalex.com about Goldxcash being a scam. I visited the goldxcash website and could confirm that they indeed stole Capitalex’s web design.
Well, some months later, I fell for it too. By then, I had forgotten the website Capitalex was warning about.
GoldXCash is a scam
Submitted by Capitalex.com on [...]
By Oluniyi David Ajao on Dec 29, 2006 in E-currencies | 0 Comments
For whatever reason, e-gold has freezed the accounts of its Iranian users. According to a group of e-gold users supposedly from Iran, e-gold freezed their accounts on November 24th 2006. They have signed a petition addressed to US Treasury Dept. and (G&SR), Inc.
Dear Sirs
Gold & Silver Reserve (G&SR), Inc has suspended all of Iranian accounts [...]
By Oluniyi David Ajao on Dec 22, 2006 in E-currencies, Scams | 4 Comments
The Wild Wild Web (WWW)is never short of scams. This morning, when a friend reffered me to a website www.gcgold.com offering $20 USD e-gold for new account registration, I was hesitant, but chose to give it a try, out of being inquisitive.
The website looks every bit very professional and convincing (many scam websites do), but [...]
By Oluniyi David Ajao on Dec 17, 2006 in E-currencies, Investments | 0 Comments
It has always been a matter of debate, especially amongst e-currency newbies, as to whether HYIPs are scams or not.
According to Wikipedia:
A High Yield Investment Program, or HYIP, is a purported investment program normally offered via the Internet. HYIPs typically accept investments of $500 or less while promising high returns.
No HYIP has, as yet, survived [...]
By Oluniyi David Ajao on Dec 17, 2006 in E-currencies | 0 Comments
One of the most popular searches on the leading search engines like Google, Yahoo Search and Windows Live Search when it comes to e-currency searches is “paypal to e-gold” or “paypal e-gold”. This betrays a deep drive amongst e-gold users to convert their paypal funds to e-gold, or that some scammers/hackers who have managed to [...]