Administrator of iMoneyreserve.com warns all members using multiple accounts that they will be punished for their cheating:
We see a growing number of members who do not apply to the rules of our program.
Beginning from tomorrow, Monday 19th of October 2009, we are going to change the way how we treat those members, who are operating more than 1 member account at iMoneyReserve.com.
All members found to be cheating on us and gaming our program, ( and we are pretty good in detecting them ) are going to have their accounts suspended without warning.
Until today, we simply returned the money to them - mostly without cashing any or only a small handling fee (depending on the real effort we spent to handle it).
From tomorrow on, these members will still have their money returned, but
- minus all earnings (if any)
- minus all ref comms (if any)
- minus a penalty fee of 30% of the total amount they funded their wallets with.
A members who opened 2 accounts at iMoneyReserve and funded them
with $1000 and $6 in order to earn ref comm on his/her own deposits is going to be charged a penalty fee of 30% from $1,006, which is a considerable loss of around $335 .
I have decided to go this way to make it eventually more then clear:
Cheating on iMoneyReserve and trying to game the program is being considered as cheating on our whole community of honest members.
We maintain a ZERO TOLERANCE on that, thus
from now on it's going to cost all cheaters real money.
Honest members who bring in referrals, please be so kind and point them to our zero tolerance policy regarding that matter.
I am going to update our terms and do a news release by the end of the day.