Hi friends, a very good morning. Hopefully all have enjoyed a relaxing weekend.
Concerning the ‘High Yield- High Risk Segment of the Money Making Industry’ Sunday has not been quite well, with complains received against a popular ‘High-Risk High return HYIP’ Oil Reserve.
Yesterday early morning, I received a complain against Oil Reserve from investor Glenn. Once he confirmed, that his payouts are pending from Oil Reserve, to be on the safer side i decided to demote Oil Reserve HYIP to problem status. I had always maintained a zero tolerance to selective payouts, because once that is started by any HYIProgram or MLM type programs, there is certainly some cash flow issues. One complain of pending payout , will soon be followed by many other complains. To safeguard other investors, it is probably much safer to demote a HYIP to problem, once you receive a single complain of pending payout.
You can read the complain from Investor Glenn below :
After starting out with $20, I earned 2 days interest…Then I requested and received a withdrawal of $20…Since then however my earnings have stopped…just like another program I am in , HourProfit.com, once they made one payment to me, earnings stopped…All messages to support have been ignored, I am glad I got my invest money out!!! Scam, Scam!!!
Another complain against Oil Reserve, that I have received :
Well, after demoting Oil Reserve to problem status, and publishing the scam alert in the ShoutBox and the Twitter and Facebook Page, the Oil Reserve administrator has stopped paying me. Ah well, i could not care less, it has happened to me many times before. These HYIP administrators tend to do these things, whenever someone raises voice against them. Anyway, as i take it, i did the right thing.
Just before publishing this scam alert, i have checked almost all the HYIP monitors, even the so called popular HYIP monitors. Almost all are showing Paying status for Oil Reserve. It is sad but that is the way it goes in this HYIP industry, a world full of scams. As far as i know these monitors they will continue to display Paying status for Oil Reserve as long as they get paid.
Beware friends, Oil Reserve is certainly paying selective now, only paying to the monitors and processing the smaller payouts. Whereas, those who had invested bigger amounts are not being paid. Investing at Oil Reserve at this point of time will be fatal, like putting your money in the drain.