Updated: 03/17/2011 17:40
Reprints/Permissions  Hyip Monitor

A phishing email has been sent out today on behalf of a payment processor LibertyReserve. At first it seems like it was sent from an official LR email address and I’m sure that many inexperienced investors who received this email think it really came from LR. However, when you take a closer look at it, in one of them (they sent more than one) you can see the following email address: oskarferengi@gmail.com, which is definitely not LR’s. It says the following:

“Dear Liberty Reserve Members, Liberty Reserve has made considerable progress and improvement, it has become the leading e-currency and its services are being improved continuously. Recently we have estabilished a very important relation with leading Forex traders from Costa Rica and we decided to give a special offer to you.”

You are offered to get 150% return in 7 days and they encourage you to make a deposit quickly because investments are accepted only until midnight, March 19. One unit in this special offer is worth $50. The minimal deposit is 1 unit ($50) and the maximum is 1000 units ($50,000) per member. The payouts are guaranteed and are promised to be made on March 26. Then those fraudsters provide their LibertyReserve account.

Never follow any instructions provided in any emails! If you like the offer which you see in your inbox and even after hearing warnings for so many times, you still think that email is original, go to the official website of a HYIP, a payment processor, or whoever you received from and look for that offer there. Most likely you won’t find it because the names of popular organizations are often used by swindlers and actually many internet users swallow that bait. Do not be one of them!

P.S. The full version of this email can be read on our forum: HYIP Forum (This link used to lead to a forum, it is no longer relevant)

About the author

Charles Morris works as the Chief Editor of HYIPNews for 5 years. Before 2010 has been working as a freelance copywriter writing for online newspapers, blogs, magazines and online portals in the sphere of investment. Since 2010 has been accepted to the team of HYIPNews as a copywriter. Used to write exclusive materials for HYIPNews. Have shown great skills in managing day-to-day publications and since April 2011 has been appointed for the position of HYIPNews Chief Editor. Among the current duties the main ones is to oversee all of the authors' publication and ensure that each issue is released on time and in a professional manner. Apart from the position of Chief Editor, Charles Morris also takes the post of the Support Manager of HYIPNews.
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