Gold Standard and Sound Money

e-gold is Quiet but the Investment Scams and Fraud Continue

There’s an HYIP scam promoter called Money New Online, http://money-news-online.com/

Here is the scam’s pitch:

“So we have found a way to profit from China’s growing economy and don’t want to keep the know-how just for ourselves. With MandarinInvest you will be able to partake in our success and patch up any financial holes your budget might have gotten due to the world financial crisis.”

Strangely enough?… I followed a Pecunix, keyword alert.

and found this wonderful scam interview, posted on a scam promotional web site, for a fraudulent/scam investment ponzi scheme.

17/02/2010. Interview with the admin of MandarinInvest

by MONEY-news expert on February 17, 2010

Hi everyone! For my first post today I am really pleased to finally have this interview with the admin of what has surely been one of the most successful programs and consistent performers in the online investments industry for the last several months. I’m talking about Robbyn Hart who I’m sure needs little introduction to the many loyal fans of MandarinInvest (reviewed here).

That popularity is in no small part due to the professional service and regular and dependable payouts made by MandarinInvest. In what can be a very difficult area of the HYIP industry to establish yourself in, Robbyn and MandarinInvest have worked tirelessly to earn a reputation as a team that can compete with the more established names in the industry. And I think you’ll agree after reading this that the program is in some very capable hands and managed by some good HYIP professionals.

Before we hear from Robbyn however allow me to just briefly remind you that MandarinInvest is a long term HYI program that offers 1% for 30 days, 1.3% for 100 days, and 1.6%-2.1% for 150 days, with your principal returned on expiry.

I’m so tired of seeing these HYIP investment scams and writing about them (not that anyone cares) but we are today dropping Pecunix and C-gold from any future magazine issues. You are now both banned from our tiny part of the DGC world.  No ads, no articles etc.

I’m very unhappy to make such a decision, but to the operators of those companies, we are distancing the magazine and blog from you because of your continued support and integration with such scams.

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