ForeignFund

I came across a site and its service was to pay them a certain amount of $$$ and they will send your site to people to view, it was something like 1000 visitors for £20 or so. I still had no sign up. That’s £20 gone. I started to look for more sites via google and while doing so, a pop up window appeared.

The page had a log in field, picture of a lady and a paragraph, Chat link, forum….
The website name was called www.foreign-fund.com (been taken down)
The paragraph basically said
“Earn up to 2.4% a day investing with us “
It then had a few more sentences about how they would make money, basically saying they do forex trading (foreign exchange. Buy currency low sell high)
After reading the “2.1%” I was intrigued and curious, I started to read more and more.
I eventually went into the chat room and to my surprise there were actually people in there. I asked my questions………..

“ what is it I have to do to make 2.1% per day “

My replies were to open an e-gold account. I didn’t know what that was so I just did via the link http://www.e-gold.com. After a few more questions my next step was to fund my e-gold account. The member of the chatroom gave me this link www.goldnow.st. I used credit card.  My e-gold account was funded with $200 and now I had to deposit it into my foreign-fund account. This was instantaneous. I was now on my way to making 2.1% per day in profit.
Days would go past and I would just check my account everyday to see my profits at the same time going into the chat link to talk and ask questions.

I started calculating how much I would make if I left it in a certain period of time. This was that part I loved best, seeing the potential amount of money I could make doing nothing.

$200 invested at 2.1% profit per day

2.1% x 7day    = 14.7%

14.7 x 4 weeks = 58.8 %

Month 1             $200        x 1.588       = $317.6
Month 2             $317.6     x 1.588       = $504.34
Month 3             $504.34   x 1.588       = $800.90
Month 4             $800.90   x 1.588       = $1271.83
Month 5             $1271.84 x 1.588       = $2019.67
Month 6             $2019.67 x 1.588       = $3207.25
Month 7             $3207.25 x 1.588       = $5093.11
Month 8             $5093.11 x 1.588       = $8087.86
Month 9             $8087.86 x 1.588       = $12843.53
Month 10           $12843.53 x 1.588     = $20395.53
Month 11           $20395.53 x 1.588     = $32388.10
Month 12           $32388.10 x 1.588     = $51432.30 or about £ 27,946.25

As you can see the numbers were mind boggling and seemed too good to be true. I thought to myself

“Can I withdraw all that money? “

I left the money to grow for 3 month, constantly monitoring it everyday. Month 4 was payday for me. I logged in and clicked “withdraw to e-gold”
Checking my e-gold account and to my amazement $1271.83 was sitting there.
I had made $1071 profit in 4 months doing nothing!!!! I was so excited I just threw the money back into the program

Everything seemed to be to going so smoothly, always seeing my account balance increase each day I logged in. The chat room link was my favourite place to just talk about how rich we’re all going to be. It didn’t seem too good to be true because I was living it !
We would talk about different programs, where to invest etc. I was given a link was www.talkgold.com
That website showed me more programs offering similar opportunities e.g. 10% per day, 50% per month 3% per day on your investments.

It seemed like I hit the jackpot of investing. When comparing to banks that have interest rates of 4% a year I knew of programs that could pay that amount in 2 days!

BANK          = 4% a year
                   or
“Programs”  = 2% per day (60% per month)

I certainly knew what I wanted, I automatically thought I was going to be rich very quick !

Leaving foreign-fund aside to make my account balance grow I explored the
www.talkgold.com website. This site basically advertises all the money making programs. I didn’t want to join too many at the time because foreign fund was just right for me. The forum was my main interest of the site.
www.talkgold.com/forum. There are many threads about this program, about that program. My main aim was to look up foreign-fund. I used the search functions and found foreign-fund threads.
The majority of the thread had positive results saying they’ve been paid for X amount of months etc. There were post saying that Foreign Fund is a scam but I wasn’t having any of that, because I was getting paid ! and that was all that mattered.
Browsing through the forum regularly, I would always come across the term HYIP which stands for  “ HIGH YIELD INVESTMENT PROGRAMS “ as the name suggests
High investments = high returns

I looked it up at http://en.wikipedia.org/wiki/HYIP

The term PONZI came up regularly as well. Forum chatters would say

“ it’s a ponzi “

To cut a story short, Charles Ponzi was a guy in the 1920 that gave investors the opportunity to invest and receive 50% profit in 45 days. He was taking later investors’ money to pay earlier investors. Taking Paul’s money, to pay Peter, and the whole process would start again. These programs would be known as scams/ponzis.

www.talkgold.com/forum was not the only HYIP information site I’d come across.
Another site is www.hyipinvestment.com this site basically monitors all the programs they are in and rates them, in a sense which program they would recommend us to invest in. They also have a forum www.hyipdiscussionforum.com

One program that caught my eye on www.hyipinvestment.com was a program called www.feederfund.net at the top spot. It is program that pools money together so that we as investors can invest in bigger program that need a minimum amount to join e.g. $50,000
The average return per month is 25%. When I saw 25% I thought to myself

“Why would anyone want to join a program that pays so low per month when I get double that with foreign-fund and its equivalence “

Each to their own I guess, but little did I know that feederfund is a goldmine!!!!
(At this moment in time the program is closed to new members, buy may open up soon so keep an eye on it.)

2 more months went by and my account balance kept growing, so I decided to take out my principle money, leaving the rest of the profits to grow. This was smooth process, paid immediately to my e-gold account. But then next month everything went crashing down. Excuses were

“ we have a problem with out payment processor “
“ our servers have been hacked, so delay in payment “

More and more excuses and finally they disappeared. It turned out to be a well planned ponzi, and the one factor that attracted many was the chat room where the admin of the program was most of the time present. This in a sense made investor feel comfortable. That was my first investment program. Luckily I didn’t lose out.

At this point I still hadn’t learnt much about this arena, except learn the phrase through constantly reading forums

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