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Luckily I didn't invest in Genius fund  email this discussion to a friend?

myLot reputation of 94/100. kingparker (6390)   ranked 1,259 out of 26,164 in make extra money 2 years ago

2 months, I was hesitating about whether I should invest some of my online earnings in Genius Funds, one of the well - known, and has high - rating on customer report. Because it doesn't accept paypal that time, only reserve fund. I couldn't invest in it. 2 months later, I learned that Genius fund was down, and it no longer paying to its investors anymore. Many people losing money, some even $100. What can I say, luckily, I didn't make that investment.

 

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tags:  genius fund, geniusfunds scam, hyip, hyip scam, invest online
 
1. myLot reputation of 40/100. Simi234 (114)   ranked 17,042 out of 26,164 in make extra money   2 years ago

Nowadays, with internet money being on hype and many scam sites coming up, it is really difficult to figure out where to invest and where not to. With several sites coming up as scam, it is also a waste of energy and time.


myLot reputation of 78/100. drkraven (394)   ranked 1,828 out of 26,164 in make extra money  2 years ago

no hyip accepts Paypal... actually maybe they would but paypal closes any account related to this sort of ponzy thinghie... about GF yep lots of ppl lost lots of money with the recent closing but also lots of ppl made lots of money in the long years it was up, running and paying.

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2. myLot reputation of 85/100. atv818 (1575)   ranked 2,780 out of 26,164 in make extra money   2 years ago

Wow! It's a good thing I didn't have money to invest in the first place. Otherwise, I would have been tempted to do so. That's the reason why I don't invest, even with rented referrals for fear that the site might disappear in the blink of an eye. I only do so with sites that had paid me. Oh well, the search is still on for sites that pay well.

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3. myLot reputation of 83/100. artguy (988)   ranked 865 out of 26,164 in make extra money   2 years ago

I keep telling people not to invest in HYIPs because they are all ponzie schemes. When investors stop putting money in they can't pay. These places don't really make investments like they claim. They use money invested by new investors to pay older investors until the investments stop coming in and you don't know when that is going to happen.

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4. myLot reputation of 60/100. pierone (1127)   ranked 2,385 out of 26,164 in make extra money   2 years ago

They accept alertpay ;)
But the minimum amount to invest via alertpay was $50, that's why I'm not one of the investors that lose their money there ;)

And, sad to say, some investors lose thousands dollars, not only $100.

I guess investing so much money in an HYIP is something crazy. I treat HYIPs like gambling, so I never invest more than $10.

Actually I invested into HYIFund, wishing they will don't turn into a scam for the next few months. For now, seems they are paying, but you know, and geniusfunds should have teached us all, any HYIP can became a scam at anytime. Keep this always in mind when you "bet" on an HYIP, no matter if actually is reported as the most trustable one (as genius funds was reported), they can vanish in minutes!



myLot reputation of 94/100. kingparker (6390)   ranked 1,259 out of 26,164 in make extra money  2 years ago

Lesson learned, many investors. They can simply take your money and run. Luckily, I didn't make investment on them, and I don't have that much money to lose. Economy is bad, and many advertisers won't pay, so, keep in mind on watchful on those websites, even they are most claimed sites.

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