Do not be fooled into losing your money through the illegal Internet Ponzi Fraud. This fraud plays upon people’s tendency to go in for easy money, throwing caution to the winds. The fraudsters cleverly trick investors with marketing strategies and online communications. Those operating the Internet Ponzi Fraud promise very high returns on investment; and follow through on the initial pay-offs as well. But they pay old investors from the funds gathered from new investors; and so, the system is bound to crash when the withdrawals exceed the deposits. The fraudsters generally disappear without a trace after looting the investors’ money. iYogi Alert’s informs you about Internet Ponzi Fraud and empowers you to fight off such threats. more…
Here’s what a typical message looks like:
Sample Email 1
from American Government Lottery Double Splash Promotion <Info@america.com>
reply-to re*****1@yahoo.com
to
date Sun, Mar 13, 2011 at 1:48 AM
subject You Are A Winner of America Visa Lottery + plus $500,000.00 Cheque Prize
—
IRN:9674****
Game Code: 984***
AVLPLUC No; 671/60/109/USA
____________________________________________
You have Won An American Visa lottery splash plus Five Hundred Thousand Dollars Cheque Prize Bonus all for you. Its an America double splash promotion put together by the America Governing council under the control of Barrack Obama. The Government of Obama in its ply to help Third world countries and Developing Country in the Recent World summit held in the White House at Washington, D.CAmerica. A general email Balloting and check listing of people who have registered/Applied for America Visa Lottery in the past 13 years were also take balloting from.
Contact our Clearance officer for details on how to get the America Visa Lottery and plus $500,000 Cheque Prize at your door step with easily. Guidance will be given to you by Clearance officer after getting the following information on Email: repeterclever51@yahoo.com .Confirmation Number will be given to you by Clearance officer.
Full Name: Permanent Address: present Address:
Date of Birth: Sex:
Nationality: Mobile/Cell:
Please do not disclose your American Visa lottery splash plus $500,000 Cheque Prize to any Third party for safety. Ensure you include your AVLPLUC Reference detail when contact the clearance office for proper identification. International Priority will be given when you mails are not properly addressed to the Clearance officer. If you are not ready to adhere to instruction please do not reply to this mail.
Congratulation,
Regards,
Dr. Mark .P. White
America House Announcer
—————————————————————-
This message was sent using IMP, the Internet Messaging Program.
Sample Email 2
“New Email From Mr. Chen Wu
Spam
X
Reply
from Mr. Chen Wu <info@yahoo.com>
reply-to w***3@yahoo.com.hk
to
date Sun, Mar 13, 2011 at 4:18 AM
subject New Email From Mr. Chen Wu
hide details Mar 13 (11 days ago)
How are you doing today? I am Mr. Chen Wu from china and would like to discuss a
transaction of $8.5M with you due to the uniqueness of your name. Please NOTE that you
are expected to respond immediately to my PRIVATE EMAIL which is
w***3@yahoo.com.hk for more information on how we can both proceed together to
have these funds released to you. Thank You.
N.B: Please ensure to send your response to my private email above which is safer and
can be checked on regular basis by me. My private email is w***3@yahoo.com.hk”
Ever been a victim of the infamous Ponzi fraud with promises of high returns to investment? If you have been fooled into losing large sums under fraudulent investment schemes and other deals, we are here to publish your story and bring the Ponzi fraud to light! Share your story by writing to iYogi and change the lives of people.
Internet Ponzi Fraud, investment in vain
Hi. I am Tom and a graduate in Business Administration. Since I am a recent college pass out, I wanted to make a good amount of money fast, so as to get myself a new car. And although I have got a good job with a decent salary, I needed the cash to get my dream machine and have a good time. The best way to make money fast was the Internet, and while searching I found a Ponzi scheme to be quite lucrative. But back then, I didn’t know it to be a Ponzi scam. I could actually see dollars in front of my eyes. The idea was, by investing a certain amount, I would get fixed returns every month. Nothing could be better than this for me. I took the scheme, completed all the requirements and made a good investment. And as assured I got good rates of return for a couple of months. But after sometime, everything stopped. All I was doing was WAIT and WAIT for my returns. But all in vain..
It made me anxious and I investigated about the Ponzi scheme. Then one of my friends told me that Ponzi scheme is actually a fraud. The main motive of this scheme is to entice new investors through offering returns that other investments cannot guarantee, in form of short term lucrative returns which are either unusually consistent or abnormally high. It is like “robbing Paul to pay Peter”. This completely shocked me. Now I have learned a good lesson to never go for shortcuts. I have lost my hard earned money and more than that, the dream to buy my own car. Internet Ponzi fraud is trapping more and more innocent people like me everyday, by offering great returns over small investment. All I would like to say is BE AWARE!!!!
I was looking for a decent firm to invest my money and this website caught my attention. The website offered about triple the amount you invested in six months and I immediately went for it. Someone from an online firm contacted me over the phone and I had to make a big investment. Luckily before paying the money, I asked my friend if he was interested. I was shocked when he told me that the thing I was going for was one of the biggest scams on the Internet!! I thank my stars that I did not lose my money.
Too bad about your money Tom, but before investing money in any online scheme you should have checked it up. I can safely say that all Internet investment firms are fake and no one should ever invest in them. Unlike conventional investment frauds, finding the culprits behind online investment scams is very difficult as they would be operating from other countries.