Saturday, 23 January 2016

The Definition of a PONZI

The Definition of A Ponzi Scheme from Wikipedia:

'A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent...'

All the scams listed on this blog fall into this definition.

Every single Ponzi makes the people at the top of the pyramid money...
Every single Ponzi makes the people at the bottom
of the Pyramid lose it all...

'Zeek Rewards' receivers have started clawing back the gains made from people who 'earned' their fortune.

'Banners Broker' receivers will also start to do this in due course.

All these schemes are now gaining the attention of the Authorities world wide. We will never eradicate them, but if we can stop people joining in the first place, then all our hard work has been worthwhile.

Tuesday, 12 January 2016

PayPal and Traffic Monsoon

Paypal have parted company with Traffic Monsoon - AGAIN! Why else would Charles decide in just 24 hours to go to Dubai of all places and suddenly decide to open a Bank! 
And what if you want to make big purchases with Charles in the meantime?
He is being really generous and letting you put money into his PERSONAL account!
Good Luck getting that back!

ALL withdrawals from PayPal have now stopped. So not only are accounts being blocked on a daily basis but withdrawals have effectively ceased as well.
Traffic Monsoon is on the way out - and not a moment too soon!

Charles has stated that he voluntarily left Paypal because Traffic Monsoon had 'outgrown them'.
Leaving aside the ridiculous claim that an International Company like Paypal (who processes MILLIONS of dollars of transactions on a daily basis with NO problems) can't handle the odd million from Traffic Monsoon, Charles has released this email from PayPal stating that dealing with TM poses 'too much risk' so they dumped him! 
In other words, PayPal know full well that TM is a PONZI and has ZERO wish to be exposed to millions of dollars of losses. 

Add to this unfolding story the fact that Charles has also opened a BANK ACCOUNT that can also supply debit cards and has ZERO hope of opening a REAL bank and you have 
another recipe for a failed Ponzi.

See the full post here:

Sunday, 3 January 2016

My Paying Ads - SCAM

My Paying Ads is in serious trouble, Paypal have frozen their funds. A petition has been started to try and make Paypal change their mind but Paypal won't budge. And the MPA affiliates are too dumb-struck to actually ask WHY Paypal have done this. 

Using Paypal is a double-edged sword in Ponzi-Land.

Don't use it - and you know it's a scam straight off. 
Use it, and it makes your site seem legit. But don't let PayPal catch you out or it's game over - as My Paying Ads have discovered. 
PayPal will eventually cut off Traffic Monsoon as well - so the 180 day money-back guarantee is worthless.
My Paying Ads is a dead Ponzi. Another Scam bites the dust!

I've had some news this morning from an affiliate who is a member of both My Paying Ads AND Traffic Monsoon. He reported them to the FBI. The FBI have gone through his PAYPAL transactions and discovered a major red flag with BOTH businesses. 
'you are unable to Contact the Owner Through Paypal to Resolve an Issue'.

Up-date 10th January 2016.

Uday speaking to an affiliate:

'Now, How is the progress between MPA and Paypal Sir?'
No change...we are just waiting on  the outcome. Relation is good... it is a matter of we being to align according to their policy change. We submitted our replies and waiting for the outcome.'

So Paypal STILL haven't sorted it out.
Who'd have thought it, eh?

10th February 2017
Oh dear. The old 'changed server' lie. Every single Ponzi collapse has used this excuse. 0/10 for originality.
And it only takes 'one to two months' to fix errors in Ponzi Land, not the real world. But you keep 'testing' it MPA,it's the only time it ever works!

11th May 2017
All withdraws have been cancelled, MPA is hanging on by a thread.

9th May 2017
Dear Members,
Uday Nara and his team are working tirelessly to increase daily sales. We as members also need to increase our efforts to improve daily sales. Let's work together to hit $200 daily withdrawal limit.
Most members have decided to cancel their pending withdrawals and continue with fresh withdrawal requests. In line with members decision Management have also decided to cancel all pending withdrawals prior to 08th May 2017. This will ease of the pressure on support team and they can concentrate on other tasks.
Please close all tickets related to pending withdrawals and let's work with passion to achieve our goals. Management team are hoping to complete cancellation of all pending withdrawals in next 48 hours.
Many Thanks