THE SITUATION WITH PREMONEY

Updated: 10/20/2011 12:35
Reprints/Permissions  Hyip Monitor
As expected, investors of PreMoney started having problems with payouts after the introduction of a new limited time plan paying 16% daily for 4 days...

As expected, investors of PreMoney started having problems with payouts after the introduction of a new limited time plan paying 16% daily for 4 days with principal returned on expiry and a minimum deposit of $500 (read details here). The admin is paying selectively now which can be confirmed on the popular HYI forums where you will find many reports on pending withdrawals. Meantime you will also see many payment proofs, but if you look at the paid out amounts, you will see that they all are small.

This means that the admin of PreMoney continues paying profit to all members who invested in the initially offered plans offering 2.4%-5.6% daily for 90 days and he even paid the daily profit of some investors who deposited $500 and more in the new short-term plan but he does not return the promised principals. It is crazy but some people really invested in it hoping for quick and easy money and now they do not know what to do, because those invested amounts are huge and they can not afford to lose them.

They broke the golden rule of the HYIP industry and such people have always been and will always be a target for admins. Therefore it's too bad that they lost their money but they should blame only themselves. I hope none of our readers is among those investors. Always read news and check our HYIP-list out to see which programs are problematic and which are scams. Those scam projects are located at the bottom of the list and include the following programs at the moment:

SafeDepositary, Primfix, ForexForks, RegularBee, ClarintonTrading, AVFunds, EsplinoGroup, iMakeMoneyNow, GoEarnings, StandardForex. All these projects are still operating and accept deposits but do not pay, so you must be very cautious and always double check payment statuses.


About the author

Nicole Berger has over seven years experience writing and editing for online and print media. She has held various editor and associate editor positions in some of forefront independent media publications. A consistently dependable team player, I thrive in a high-pressure environment, enjoy the challenges of meeting deadlines and managing a team, and am comfortable researching, writing and editing on a wide range of topics.
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