Posted by rabbit on 30th January 2006
UDACHU
The program is still running smoothly. I was a bit concerned about the administration’s decision to run the program via email and take down their web site, but that concern has since subsided. They are sending updated statements showing account holdings on a monthly basis, and are answering email inquiries in a timely fashion. The Udachu forum is still up as well. You can find it at www.udachufundforum.com.
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Posted by rabbit on 30th January 2006
Golden Rocks, Tingerinvest & ACSFin
There is nothing much to report about these programs. Amazingly they are all still around and paying on time. They should still be treated as a gamble however, as the 90% - 100% profit they are offering in 30 days or less are just out of this world.
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Posted by rabbit on 23rd January 2006
From their site:
Venturio Inc (Panama) is out of business since January 23, 2006.
We have some announcements for you:
1) Our CEO Mr. Davis is in Irish prison on charge in money-laundering. Regarding this in the last some days were serious problems with a site and almost all support requests were not answered. And at last we have made a decision to close the website.
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Posted by rabbit on 21st January 2006
North Sea Forex Group (NSFG)
I reported last week that NSFG was accepting deposits and withdrawal applications via its web site. Now they have scrapped these features of the site and are making their Managed Account Services the focus. A few people have contacted me asking what is the difference between a forex Managed Account, and a regular pooled account. With a Managed Account, you send your money to a forex broker (In the case of NSFG it is FXCM). With a pooled account, you send your money to an admin who then pools everyone’s funds and put it into a forex account for trading.
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Posted by rabbit on 20th January 2006
UDACHU
Udachu is now accepting deposits again. But as I mentioned earlier, it is now a private program that requires the acceptance of a NDA (Non Disclosure Agreement) before one can join. In addition to this, all transactions are now being done via email (statement updates etc.). If you are interested in joining, send me a message using this link, and I will send you the instructions.
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Posted by rabbit on 20th January 2006
Goldenrocks, Tingerinvest & ASCFIN
Nothing much to report here. They all seem to be paying on time without any hiccups — FOR NOW. I am almost certain that Tingerinvest and ASCFin are run by the same person / team. There are too many similarities between them not to be the case. So if one of them goes, so will the next. They are nothing more than gambles and should be treated as such.
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Posted by rabbit on 15th January 2006
SPS Income and Alientrust were added to my programs list this past week. You can read more about them in the post below. I started out with $100 in each of them. I also joined two other programs that I think are big gambles: ASCFIN and Tingerinvest.
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Posted by rabbit on 11th January 2006
This past weekend I joined two new programs: SPS Income and Alien Trust.
SPS Income
This program was recommended to me by one of my blog readers. After doing a bit of research I decide to put in$100 to try it out. The program has two plans — 3% per calendar day for 50 days and 10% per calendar day for 20 days. The minimum for the 3% plan is $50 and the minimum for the 10% plan is $100,000 (yes one hundred thousand dollars). I find these returns too good to be true, which is one of the reason why I past over them a few months back when I first learn about the program.
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Posted by rabbit on 10th January 2006
GoldenRocks
Miraculously this program is still paying principal + 90% monthly on time (almost for one year now). Some even reported getting paid a day early this past week.
FastMarket
This program is still to be avoided at all cost. All kinds of shenanigans seems to be going on here. Sometimes investors are able to withdraw their funds to e-gold, sometimes they cannot. A lot of people have significant funds stuck here. Thankfully I only invested the free $50 that I got when I signup (I guess this in itself should have been a red flag huh?). You can read all the details here and here.
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Posted by rabbit on 10th January 2006
12DailyPro
As mentioned in a previous post, 12DailyPro is no longer accepting or paying out via e-Gold. Those who upgraded via e-gold and have not yet been paid, must choose one of these four options:
1. Request withdrawal via Stormpay.
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