A very interesting information has been published by a member of shiftmoney.net. Those who still hesitate whether the program deserves trust or not can read and decide:
It has come to the notice of the International Financial Services Commission of Belize (IFSC) that SHIFTMONEY INC., an international business company incorporated in Belize with its registered office at Blake Building, Suite 102, Belize City, Belize, is offering e-currency exchange and money transmission services without a licence from the IFSC, as required by section 7 of the International Financial Services Commission Act, Chapter 272 of the Laws of Belize, Revised Edition 2000-2003, as amended by Act No. 8 of 2007. The representation made on its website www.shiftmoney.net that it is licensed to operate as a financial corporation is false and fraudulent.
SHIFTMONEY INC. is therefore directed to cease and desist from carrying on the said activities until it has applied for and obtained a licence from the IFSC.
All persons concerned are asked to take note and exercise caution.
Abby C. Anderson, HyipNews.com