Who were victimized by the Francswiss Investment here??

scam - I am a fool..
Philippines
July 24, 2007 4:16am CST
I was victimized by that investment..huhu Does anybody else share my agony here??
1 person likes this
3 responses
• Philippines
24 Jul 07
What is Francswiss investment?
• Philippines
24 Jul 07
If you are a Filipino you could relate much better.. But any way Francswiss is one of the High Yield Investment Program that is a subsidiary of the Swisscash,another online investment program.. It promises high yields to its investors, you need $1000 to have an account with Francswiss and everyday your investment accumulates 4.5% based on your base principal.. It was really high and many Filipinos, the early investors, had really made a lot of money out of it.. As for us late investors we din't get anything and even our investments just disappeared in an instant.. It was not registered under the Securities and Exchange Commission and it works through networking thats why it was declared illegal.. Only to find out, after a week of investigations made by local authorities that it is indeed a SCAM. there is no concrete base of the said company, and all those who started it disappeared like ghosts because they are being pursued.. There are lot more of this in the internet so don't be fooled by this High Yield Investment Programs, its sounds too good to be true at first but in the end your all regrets..
• Philippines
25 Jul 07
I am a Filipino, and i heard Claudine Barretto-Santiago and Raymart Santiago plus some of the known names here at the Phils, invested there. it is so sad to know, so what happens next. What will our government will do about it.?
@JBrulez (663)
• Philippines
24 Jul 07
Hello my frien,, you're not alone in that agony you feel.. I and two of my cousins were also victims of that scam.. At first, It was going smoothly until kaboom.. The SEC comes in and stopped all its operations holding all transfer of cash to the bank.. I almost cried when I realized that my $1000 money disappeared in an instant.. I ws so frustrated with myself to give in with such investment scams.. It sounded to good to be true at first and now im all regrets.. Anyway I learned my lesson, it was really a gamble and unfortunately I lost...):
1 person likes this
@Zelmarq (12585)
• Cebu City, Philippines
24 Jul 07
I was almost victimized, my frined got victimized and before the bad news came she recruited me and really persuaded me to join.I thought of applying for loan to finance the $1000.00 investment and thank God there were delays and the loan was not granted. Im really thankful. I am deeply sorry for what had happened to you.