Hyip weekly report –nobody will work out your pension fund

[img_assist|nid=8187|title=|desc=|link=none|align=left|width=100|height=94] Here is a new update about one of the ‘pension plan’ group program. This one  is called Pension World Wide For You or PWW4YOU. This program is based in Germany and claims to mortgage a pension insurance contract. Members are only required to deposit a one time $50 amount and in return they will receive $75,000 pension insurance contracts and $3,000 referral commission per person for anyone they bring in down 7 levels. In addition, members  will also receive immediate referral bonuses down 2 levels. This program accepts deposits via e-bullion, bank wire, check and western union.

This program only accepts a total of 85,000 contracts only. Currently, 60,000 contracts have been fulfilled and 25,000 spots left over for people to grab.

According to a new update of this program on May 27th, the admin has resolved their issues with insurance regulators who previously limited their sign-ups to only 1,000 per month. With new insurance regulator partners, this program can now accept 5,000 new sign ups per month. On the same update, the admin also lists down a few new features of the program which are as follow:

1. All those who purchased multiple contracts of more than 10 prior to July 2007. Will not now as previously stated have their extra contracts deleted in order to conform to the maximum of 10 contracts per person rule, as per the German insurance regulators requirements. Instead those members with extra contracts over and above 10 will now be able to keep those extra contracts. Meaning that it is ALL their pre July 2007 contracts that will now form part of their “total contract count”, and it is on this contract count that the member's lump-sum compensation payment (US$75,000 per contract) will be calculated. Anyone purchasing contracts after July 2007 are subject to the current regulators rule of no more than 10 contracts per member.

2. Form May the 1st 2008 those who want to purchase multiple contracts can purchase a maximum of 10 per member, as per insurance regulators stipulation.

3. The new total number of contracts required for PWW4YOU to close is 85,000. But as they currently have around 58,000. This means they only need approx. 27,000 to close out the program.

4. The maximum number of sign-ups they can accept per month has now finally been negotiated upwards to 5,000 per month (from the previous 1,000). So IF PWW4YOU were to hit this monthly target starting form say June 2008. Then this program could theoretically be closed by Nov this year or at least by the end of 2008.

As we have written a few news and articles about this type of ‘pension plan’, we strongly suggest you do not risk your $50 on this program. Pension World Wide is no different than other ‘pension plans’ like global pension plan, world pension plan, private pension plan, world pension plus, and a few more. Until now, we haven’t heard anybody receive the promised return of $70,000, $80,000, or even $100,000 upon the fulfillment of limited contracts been sold for a one time small deposit of $50, $60 or even $100.

Some people may argue and think this is a real program, as the admin limits the total contracts being sold. They said that a scam program will not limit the new deposits coming in and will keep it open in order to receive as much new deposits as possible. Well, this is not a concrete reason to conclude that pension world wide is a real program. ‘Going private’ is one of the clear red signs or scam alerts; and the limitation amount of contracts acceptance is not much  different than ‘going private’ scam trick. Maybe the admin place a limitation because it is faster for them to run away upon the completion of total contract amount without making any pay out rather than to keep opening new accounts and make pay-outs at the same time, just  like common hyips that we normally see.

Here is another story for another hyip. If you think you would be blessed by joining this hyip which is called blessingglobefund and make some money in this hyip, then you are totally wrong. Nobody has been blessed, yet they have been cursed and lost money in this scam hyip.

The payment problem and red signs have started occurring since the beginning of last month. The website went down and the admin claimed it was caused by a hacker and a DDoS attack. A few days later, on February 19th, the admin sent an update stating that the program had been closed and he would make refunds. The update is shown below:

“HELLO MEMEBRS

i wanna give u all some update what is going in back ground first all i say that i refund the STP deposit and second many peoples things i have been run aways with urs money however i told u to all of my members that i am not running with urs money.i just want patients from urs.

SEcondly tommorow i will have my DATABASE and then Gotenks will mak refund sript fr me and i will satrt refund but i will pay all of u so be calm. I will tell u more soon that how will be rfund done

thanks

ADIZ

P/S I will like to ask u peoples that whenever u wanna ask anything to me always post here not to post on other threads”

Upon giving the update, the website was up again and accepted deposits from those who were unaware of the scam situation of blessinglobefund that time. Until now, nobody ever received any refund from this scammer as expected.

After three months, on June 8th, surprisingly the admin came back with new update which is as follows:

“HELLO ALL

First of all sorry for this time but i have decided to start the refund soon and will update more in 2 days that how this will be done so be tune here thanks

ADIZ”

A few members are amazingly still thinking that the admin is honest and he is going to refund them. They also believe all the admin scam excuses such as the liberty reserve website down time, the SolidTrustPay took much time to approve this account and his illness.

However, most of the members do not expect that they will receive their refunds from the admin. And they are also not interested to join the admin’s new program, should he open one soon. Well, when the admin have seen more negative feedback than what he expected and a lack of good response about his update and future plan, he did not send anymore updates as he promised which would be on June 10th and he remained silent until now. Definitely he has had no intention to make any refund to anybody.