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Hyip News Update | Panamoney News, Hyip Scams(03/28/10)

Posted on 12:00 PM by Admin

Hyip News Update


It has been another week in this hyip industry, and yet again, there is a lot of programs which have gone scam. The most notable ones are the short-term programs, such as HugMoney.com, which I predicted earlier would collapse, because they are definitely a ponzi scheme with rates so high. They have lasted much longer than any short term hyip program I have seen this year, and hopefully, you were able to earn some money and not lose any.



Other programs that are reported as hyip scams are as followed.

WeeklyDividend.com
Offshore-Money.biz

 Ivaccount.com
SincerityIncome.com
General-Income.com
Currency-basics.com 
cash-browser.com
amf1989.com

There is some hyip news that I am aware of about Panamoney.net


PanaMoney Technologies, Inc. is continuing its development and improvement of its automated trading system. Our investments into the research and studies of Forex trading strategies and techniques enabled our specialists to develop unique trading algorithms. Currently, the company is testing a new automated trading system to increase the effectiveness of our trades and, consequently, the possibility of earning better profits. The launch of the new system is planed by the fall 2010.
Now, I personally think this is a huge red flag for this hyip program Panamoney.net. This is because as usual, when hyip programs have less cashflow, or are in need of investors, that fabricate a story they are developing or found a way to make even more money. Now, I think Panamoney does no trading, as like Genius Funds, convinced investors they were advancing their investments, when really they were losing money. Please do not think I am saying Panamoney is a scam, but a warning flag for those who have huge investments in Panamoney with 100% compound.

Tune in next time, as I review more hyip programs, and maybe, write a full review on Panamoney.

4 Response to "Hyip News Update | Panamoney News, Hyip Scams(03/28/10)"

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Anonymous Says....

you said : Now, I can confirm Panamoney does no trading

How? how can you confirm this? if it is true then that would mean their whole site is a huge fraud and that is a very strong statement. Please tell us what evidence and facts you have to support that statement, thank you.

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Admin Says....

Well, I guess you are right. I have changed it, but there are too many red flags similiar to Genius Funds

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Anonymous Says....

I will agree with you on one thing, the age of this program warrents caution, and the recent downtime of the site is familiar to GF.

Also important to consider is the idea that they may just be preforming maintainance on the site, I know first hand that scripts don't always cooperate, especially when your changing code in a script you didn't originally write. Also the larger the database gets the more difficult it seems to handle when it comes to transfering and modifying. I am not an expert in these things but I have done them before and stuff can easily go wrong when preforming the simplist of maintenance tasks.

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Anonymous Says....

something else to consider, while I totally agree that a sudden improvement or new investment that pays even more than the already high rates is very typical of an hyip about to cash in and run, but.... reading that statement one has to wonder if panamoney is actually developing automated trading programs. (otherwise known as robots or EA s' as in expert advisers used on forex mt4 trading platforms.) I know there is a large market of traders that buy and try these trading robots or ea's out, could be a lucrative extra stream of income if they were to market these programs they are developing under a different name, so that panamoney could seem to have technology not available to the general public but at the same time be cashing in on that tech selling it under a different named company they own.

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