Hyip weekly report – SureInvest settlement hearing

The SureInvest settlement, motion and notice of hearing were originally scheduled on August 26, 2008. However, we heard that hearing reset for Tuesday, September 16, 2008 at 11:00 am.

These three defendants from SureInvest settlements are Donaker and Herron and the processed of this regulation is estimated that it will recover 750,000 U.S. dollars paid in full. So, there is a balance of nearly $ 1 million which is not recovered or more than $300,000 each. These two defendants and their wives were filed under oath and the process of tracking where and how the money was spending has begun. A large amount of money has been spent on their lawyers (2 sets involved), in other companies, in their new homes, pay off their debts, and many other ways. Unfortunately, it is striking to note that more than 8 to 12 months 95% of defendants in the CEP case had spending the money they had received from CEP. Thus, the solution is difficult as money is never seated in T-Bills interest and to take it back.

Settlement is a function of weighing how much the overall cost and how much you wull be getting in the end. Then it will proceed with post-trial discovery which requesting the bank records, to take depositions of the defendant, and many others.

The SureInvest settlement which will be heard on September 16 is the end result of mediation with an experienced judge who is listening for both sides reviewed the data of each one presented, and made its recommendations. Among other things, this settlement also requires Donaker and Herron to sell their houses in which a lot of that money has been spending, and essentially start over.

If you still remember, in the middle of last month we wrote about a program called Oceanside Wealth which was promoted heavily but when it was launched, it did not turn out as outstanding as what members had thought.

More and more members claimed that their refund requests have not been honored by the admin. Most of huge supporters of this program keep posting that everything is going fine with the program whereas there were about 1,000 unhappy members have requested fro refunds as well as not making their monthly membership fee anymore.

On MMG forum, there is a thread where members can post their claimant if they not receive their refunds within 4 days after sending the request. To those who want to submit refund request, you can follow the instruction as below:

1. OSW User Name
2. Name Of Payment Processor
3. What Each Processor Requires:
Alert Pay: email address
Strict Pay: account number
Solid Trust Pay: user name
u-gotcash: email address
4. A Copy & Paste Of Proof of Payment. (Copy and Paste your Transaction)
5. Email all refund requests with the appropriate information to: oswrefunds@live.com”

There was a complaint been made by an anonymous person against a website called high-risk-merchant.net. According to him, high-risk-merchant.net also worked with another website which was optimaxsystems.com and he was scammed by these websites when they were gone after he made deposits. He had made reports to relevant government bodies and based on his research on the Ocean County Department of Consumer Affairs, the address listed for the contact person is bogus.

However, there was an explanation been made by the original owner of the high-risk-merchant program who said that there is a misunderstanding on the URL of the websites. Here is his explanation:

“Hello to everyone at Charge Back Forum - I just registered a few moments with the intention of replying to a post just a few paragraphs below this original message - it has been brought to my attention that there are several members of this forum that have complained about a UK based high risk processor that has or had a website URL high-risk-merchant.net - This is NOT OUR WEBSITE but we are eroneously being associated to this by what our staff is convinced are slanderous competitors trying to defame our good name and company reputation - and thus are using this forum as a tool or wepon in-order to inflict damages on our well established and reputible organization.

We infact own a similar domain called High-Risk-Merchant.com and have been the legal registrants of this domain name since January 31, 2006

Anyone can do a WhoIs Lookup and see that our company is a registered Wisconsin LLC - and has its offices located in Franklin, Wisconsin - USA - that is a long way from the UK or Miami Florida !

On the other hand the high-risk-merchant.NET was registered in Miami Florida and it's ownership is hidden - OURS IS NOT - LOOK IT UP AND DO SOME UNDERWRITING BEFORE JUMPING IN HERE AND SLANDERING !

If any one here on this forum has any questions or needs to clarify that we are real, and are doing business in the US & Offshore please feel free to go to
http://www.high-risk-merchant.com and contact us - We have a toll free USA Telephone Number, if you care to email us you can either use our contact form on any of our websites at: http://www.M-E-R-C-H-A-N-T.com

Also, for a matter of clarification, we are also the proud owners/operators of:
http://www.offshorepaymentprocessing.com

Anyone may also contact us there bu using our Toll Free USA Telephone # or our contact Email Form.

We do answer our telephones during normal business hours: 9:00 AM to 4:30 PM Central Standard Time - You can also leave a voice message and your call will be returned promptly by the first agent that is available ( usually less than 30 minutes)

Here is our complete company name and contact information:

Alltech Distributors LLC
7245 S. 76th Street #321
Franklin, Wisconsin 53132
legal@high-risk-merchant.com

USA Toll Free: 1-800-974-1556

Milwaukee Telephone: 414-764-0744

Chicago Telephone: 312-264-4422

FAX: 312-264-4422

Skype: merchantpaymentprocessing

Contact Pages:
http://www.offshorepaymentprocessing.com/Contact.html

Please feel free to contact us any time”