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FAKE HYIP DOCUMENTS

Tuesday, 12 July, 2011 at 11:44 GMT

Last week, in our regular HYIP Informational Survey, we have answered the question of our reader about traderfinancegroup.eu and its documents. After the publication of our warnings, we have received several letters from readers who expressed surprise in our evaluation of the document. Let me remind you, we were asked about the reality of traderfinancegroup.eu documents registration, about which we said that the documents of traderfinancegorup.eu are not worth of trust.

First, they have provided on its website a document, allegedly a certificate of registration in the United States. In addition, their domain name shows that they are positioning themselves as European company that is in itself suspicious.

Secondly, they have provided on its website evidence of registration, owned by another company. Yes, yes. Their certificate belongs to the non-profit organisation NATURAL HAZARD MITIGATION ASSOCIATION (NHMA). It is not difficult to verify that the certificate of the company is available for the public: http://www.nhma.info/NHMA_Cert.html you can also see that our observation regarding the dates are absolutely correct. The date on the original document is different.

Actually, the second item is the main proof of the validity of our findings. Although they were based on superficial observations. Fortunately often in the world of high yield investments, superficial observation is quite enough to make the right investment decision and does not invest in dangerous projects. And anyone who reads our site can develop this skill. If you will learn how to use online tools, you can easily reduce the risks of investing in HYIP before until the adequate level.

Martin Eden, HYIPNews.com


 

Comments:
SteveyJ
 
12 July 2011 - 11:22 PM
This subject touches on points I have made recently in a number of postings, in that how many investors are knowledgeable enough to be able to verify documents as presented by a HYIP ?

Also, merely knowing that the documents look authentic is not enough : I could quite easily post copies of valid looking documents from any number of countries and you could compare them with known original documents held by existing companies in the same country AND THEY WOULD LOOK THE SAME . But that's the point, you have to conduct an appropriate research into the correct authorities registration office/archive to really establish whether a document has been genuinely issued or is simply a copy.

The fact that HYIPNews is prepared to dig a little deeper than merely believing documents that are presented as being true is, to my mind, a useful function. My post on ForexForks gives an example of not necessarily believing all that you see.

I have good knowledge of the UK company registration procedure and the various required documents : To learn more about another country's valid documents would require some research. So if HYIPNews can save me/us the legwork and discover a suspicion, then that is a good thing.

Mind you, as I've said before, even if the documents are correct and properly filled in, it does not necessarily mean that the names and addresses are actually contactable. So seeing documents presented by a HYIP as a means of improving their legitimacy whilst no doubt a good thing, should not be read as ''so that's all right then 'cos the documents look good...''

We need to look below the surface if we really want to see what's swimming beneath.

 

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