Hi friends, welcome back again. For the the second article for today, I would like a to explore a common question, very pertinent to the ‘High Risk segment of the online money making‘ industry.
Just two days back when I published the Perfect ROI scam alert [ Perfect ROI HYIP Scam Beware !! ] investor friend qwele, asked a very important question. I think, the answer of this question, or the facts about ‘High Risk segment of the online money making’ industry’ should be clearly known to all, particularly the new HYIP investors.
Investor qwele’s questions :
We are great full for HYIP Scam warnings but can’t you assist investors to recoup their money when scams occur. Why all of a sudden these investments become ghosts that can’t be touched when running away with our money. Recommending and warnings are of known entities but when they scam they can’t be traced, how true is that theory.
Investor robbed by Macro Trade.SAQ.
Therefore the basic question investor qwele is asking -’How to recover your lost money from these scammed HYIPs? ‘
Well like investor qwele, me there must be many friends who have lost their hard earned money in Macro Trade, an erstwhile HYIP that eventually scammed, as is always the final eventuality with high yield investment programs.
Well, this question is not only valid for Macrotrade HYIP, rather the question is a pertinent one for all HYIPs and for that matter any ‘Cash flow based’ programs.
Let us attempt to explore the answer to this very important question :
Well, payment processors or the e-currencies that form the back bone of this ‘High yield High Risk cash flow based programs’ do not allow to ‘Dispute transactions‘.
At present the most commonly used ones are LibertyReserve, PerfectMoney, SolidTrustPay and the newly launched e-currency Egopay.
I am certain, that in case of LibertyReserve and PerfectMoney all the transactions are final, there is no option to dispute transactions’. When I first started investing in these high yield programs, I used to contact the LibertyReserve support, informing them that I have been scammed. But well, the support of LibertyReserve has always been on the slower side. Rather they never entertained these complains.
About SolidTrustPay, as far as my knowledge goes, they also do not entertain disputing transactions.
When Payza [Formerly AlertPay] used to accept the ‘High Yield- High risk cash flow based programs’- there was an option for ‘Creating a dispute’ . Although, it was a bit lengthy procedure, till I did successfully recover my money from these scammed HYIPs on several occasions. Payza, now staying away from the ‘high yield money making industry’ that option no longer remains valid.
About the newly launched Egopay, that remains the only way one can use Payza to invest in high yield programs [indirectly though] has clearly mentioned in their T.O.S that all transactions are final and irreversible.
Below you can check the screenshot of the EgoPay TOS
Therefore the fact is, in all the commonly used e-currencies used by the ‘Cash flow based programs’ the transactions are irreversible and there is no option for creating a dispute to recover your lost money.
Therefore friends, if any friend is thinking of investing in high yield investment programs for procuring high profits please remember there is a substantial risk associated with the ‘High yield segment of the money making industry’. Therefore , please always remember the golden rule – Do Not Spend what you can not afford to lose!!!
Secondly, you must have noticed that there are some sites that claim to recover your lost money in scammed HYIPs. Well, I have personally encountered few of them, they are absolutely useless.
Once again friends, i would like to remind all friends, a few basic facts about High Yield Investment Programs :
Please never invest more than you can risk with.
Please never put all the eggs in the same basket.
Please try diversification of portfolio.
Please treat all hyips [99.99% of them as ponzie games] just like gamble.they are not real investment
One Investment , PrimeXCash, DK Petroleum , Ivecon , Development Atlantic ,Safe Risk, Absolutiva , Offshore Gain and I-Can-Invest
Payouts From High Return HYIPs : aprofit.us , Share Trade Income , Yacht Wealth Club
Games : Lottery Allworldhyip