avoid acetransaction

July 16, 2011 10:54am CST
I deposited $1 on this site into their 16 day plan offering 700% returns and did this a few times fine and got a balance of about $80. I reinvested $70 of this into the same plan and tried to withdraw the other $10. This is where it started to go wrong I got told that the withdraw would be pending until I deposit $50 onto a paypal plan as that plan I have been investing in is only for paypal deposits. However it does not say anywhere on the deposits page that the deposits are for set types of e-currencies. I have asked them to cancel this withdraw but they refuse to and say I will be able to do it manually when I put the $50 in my account. What do you guys think? I think that this is a bit of a scam as they should not be asking to deposit money to withdraw. I know a decent HYI site but it takes longer to make money as i only earn 0.02 cent there a day which is not bad as i only have $1 invested there.
2 responses
@yallit (3678)
• Philippines
16 Jul 11
If they're asking you to invest via Paypal, then, that's already a red flag. Paypal doesn't allow HYIP sites to use their processor. HYIP is a NO NO to Paypal.
1 person likes this
16 Jul 11
i know and i have told them that
@yallit (3678)
• Philippines
16 Jul 11
Then don't doubt your instincts. First off, it's an HYIP site and it's meant to scam in the end. If they're now asking you to deposit money first before you can withdraw the earnings you've accumulated, then, they have already reached their saturation point and is now trying to lure more people to invest before they finally bolt.
@trose7 (247)
• United States
16 Jul 11
700% returns is ridiculous, even for an HYIP. I stay away from anything that could more than double my money in 1 month, because usually they are scams.