More Swisscash Clone Collapsed and Payment Processors Faced Tough Time

The e-gold drastic action of blocking accounts related to hyip and autosurf or any possible internet scams since last year has affected and brought trouble to many e-gold account users regardless whether they are innocent or not. A well known public forum which called money maker group is also no exception when they had their original accounts blocked for no reason. Even tough they have fully complied all of the e-gold’s requests, the account remained unblocked until now. Every account they have opened since April 2007 has kept on blocking immediately.

Therefore, starting from April 2008, money maker group forum will no longer accept e-gold for advertising and membership upgrades payment. In addition to that, any advertising purchases at money maker group forum made via e-bullion, liberty reserve, or wire transfer will be given an extra 10% discount. A payment processor, which common in the hyip world is Solidtrustpay. A new update from the admin said that they have been harassed and attacked by individuals in Indonesia, Hungary as well as other places. DDoS attacked and phishing emails leveled at them, lies, slander and accusations thrown around in forums. A few days ago they received a blackmail letter demanding $10,000 in e-gold. The copy of blackmail as below: "I believe Solidtrustpay.com user will make a lot of complain about your company. So, the choice is your, pay me 10 K in e-gold, or let credit card member posted to internet. Have nice day. If you agree contact me by reply this e-mail . and I 'll send you my e-gold information. I give you 24 hours from now...to reply this email.!!!" Solidtrustpay have no intention whatsoever and decided not to fulfill this individual's demands. The attacker has even used their personal names in phishing e-mail attempts from a fake gmail account supposedly from SolidTrust. This individual is claiming to have accessed some accounts and acquired credit card information from some members. His threat is that if we do not pay the ransom, he will make that information available online publicly.

So, Solidtrustpay given some advices to users on what they should do in order to protect their accounts which as follows:

1) change your login password.

2) if you have listed a credit card in your profile with a valid expiry date, contact your credit card company and ask them to monitor all future activity. If the card you have listed shows an expired expiry date, you do not need to do anything.

3) monitor your own account and immediately report any suspicious activity.
They also have contacted VISA and MasterCard as they are required to report such activity. Solidtrustpay hope members not to be surprised if they receive more phishing emails, or even emails containing personal information in the future. They also warned all members not to respond to phishing email that stating “Solidtrustpay is expecting e-gold at this time”, and has issued an e-gold account number “5026562 (SolidTrust Pay) for deposit”. This is not true and do not deposit any e-gold to this account. SolidTrust emails will always originate from our domains or xplornet.com (our ISP). People seem never learned from the bad experience and past mistake. The nature greed instinct of getting rich quickly and in an easy way exceeds the logical thinking and overshadows the fact.

After the death of various pyramid schemes and hyips like eaindex and amityfunds for instance which have had collapsed one by one, there is one more similar pyramid scheme or hyip called Royal Manchester Five, or also called RMF Trading Corporation became listed in the same scam list. I found this interesting information from PinoyMoneyTalk which stated that royal Manchester five is based in Philipines. It has similar operations where this hyip has offered lucrative referral commissions that lured members to do whatever it takes to influence and make other new members join under them. Royal Manchester five has offered 4% - 5% return a month with a minimum investment of $5,000. This program which has been collected money from people since early of last year had advertised that the money would be used to invest in foreign currency exchange, however, when people looked up from the registration documents of Securities and Exchange Commission of Philippines, it is just a business that doing buy and sell cars. According to members the company has turned to scam as the chairman of the company; Cyrus Hao ran away with investors’ money. The checks issued by the company as payment of return of investment were all bounced back and when members ‘bombarded’ the office, it was already vacant and all the bank accounts were closed. It is believes that royal manchester five was able to scam and ran away with hundreds thousands of dollars. This scam also had managed to influence even high net worth investors to dump their money up to $50,000. While members of royal manchester five been scammed and cry over their lost money, the situation is different for the victims of udachu fund, udachu invest, silver gate forex hedging, silver gate investment group and other so called ‘private programs’ which have had turned to scam hyips. A still running hyip called woip.ws doesn’t look promising in the future. This hyip currently has a paid sticky on one of well known reputable public forum. It’s better to keep alert and be careful with this hyip now rather than crying over your lost money when woip.ws turn to scam. Woip.ws claimed as a real company called E-Holding Ltd based in Canada, however, based on my research the admin just made up a story and there is a doubt on the existence of the company.

On the other hand, another hyip called goldenincome.biz is such a typical scam when it failed to make the complete payments to members. Goldenincome.biz is also another example of hyip who tried to scam people by pretending to be as a real company called Golden Investment Ltd. However, this hyip is still alive and running as well as still accepting deposits. Therefore, the victims should make any necessary action such as making fraud complaints to the payment processors and web hosting companies in order to stop this scam from operating and prevent more new innocent people from getting scam and losing money in this hyip. The nice and professional looking of website would more or less trick people to join it and deposit money. Former members of financial-network-investment should stop from hoping that one day they would receive their long pending withdrawals even tough one of the monitors have had posted that he got receive payments multiple times. To those who invest in liberty dollar rather than depreciate fiat money here is a new update that US secret Service together with the FBI are ‘attacked’ the peaceful town of Asheville, North Carolina. This is the exactly the same action that they had made on May 15, 2007 when they ‘attacked’ Mark Lightfoot's crafts and jewelry business in Lexington Kentucky. Now, despite the lack of any complaint from a resident or business in Western North Carolina, US Secret Service and the FBI agents have launched a thorough investigation into the use of the Liberty Dollar in the Asheville area. Beginning April 3rd, rogue agents have tracked down people one by one from the easily available list of merchants and demanded answers regarding their use of the Liberty Dollar. When asked about the reasons for the investigation and the frivolous use of taxpayer money, their response was:
1. That the Liberty Dollar is flirting with counterfeit laws
2. That the Liberty Dollar is not regulated by the government
3. That widespread use of the Liberty Dollar would further weaken the already weak US government issued dollar.