By Oluniyi David Ajao on Mar 11, 2007 in Investments, Scams | 0 Comments
It might sound like a contradiction to many - HYIPs that are scams. Why? Many believe that all HYIPs are scams. I am not about to give a verdict on that. I would rather leave the judgement to you. However, it cannot be disputed that most HYIPs on the Internet are scams. There are almost [...]
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 Mar 13, 2006 in E-currencies, Investments | 0 Comments
There are a lot of people on the internet wondering what the e-currency exchange business is, and better yet asking whether or not they can make money in e-currency trading. The answer to their question is yes, and here’s how it all works.
If you are like everyone else, you may have been struggling to make [...]
By Oluniyi David Ajao on Mar 7, 2006 in Investments | 2 Comments
12dailypro’s current situation
While not admitting or denying that she’s been running an illegal Ponzi scheme for nearly a year, Charis Johnson did agree today to turn over her business to a court appointed receiver. In a consent order signed by her attorney, Noell Tin, Charis agrees to an order freezing assets, requiring accountings, prohibiting the [...]
By Oluniyi David Ajao on Feb 28, 2006 in Investments | 0 Comments
12DailyPro has been shut down by the U.S. Securities and Exchange Commission, according to Reuters. The company has agreed to pay its “investors” but blames StormPay for holding its $50 million. e-gold would be smiling by now because 12dailypro stopped using e-gold just a few weeks before it was shut down. Read on…
SEC shuts down [...]