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2009 Forex HYIP Scam of the Year Nominees

Discussion in 'Forex Scams of the Year' started by AsstModerator, May 11, 2010.

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Which of these companies should get the 2009 Forex HYIP Scam of the Year Award?

Poll closed Jul 10, 2010.
  1. Libertyreserveoffshore.com (TradeLite.net)

    5 vote(s)
    100.0%
  2. BestFxWorld.us, .com, .net, .org., .biz, .info

    2 vote(s)
    40.0%
  3. Imoktrade.com

    1 vote(s)
    20.0%
Multiple votes are allowed.
  1. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

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    2009 Forex HYIP Scam of the Year Nominees
    (in chronological order)​


    People sometimes write in to complain about the FPA listing HYIPs in the reviews. HYIPS really aren't forex, but many of the claim to be making the money trading forex. The FPA lists them as a warning, since many people who are new to forex trading can't tell the difference between a HYIP and a managed forex account.

    And the nominees are...

    Libertyreserveoffshore.com – HYIP
    This is just another name for Tradelite, which was found to be a scam in 2008. They even copied the testimonials for Tradelite.com from the old website. The FPA always knew that HYIPs came back from the dead, and LR Offshore is the first zombie HYIP the Scam Investigations Committee dealt with.

    Article about Libertyreserveoffshore

    Original complaint against Tradelite.net

    FPA Scam Finding against Libertyreserveoffshore.com


    BestFxWorld.us, .com, .net, .org., .biz, .info – HYIP
    This HYIP wanted someone to put in more money before they could withdraw money. An undocumented "VIP Membership" was suddenly needed before any money could be gotten. When contacted by the FPA, Best Fx World claimed their legitimacy was proven since they were ICANN registered. ICANN registration is part of registering a domain name. Anyone can do it. Best Fx World threatened to send the FBI against the guy who complained that he couldn't get his money.

    Article about BestFxWorld

    Original complaint against Best Fx World

    FPA Scam Finding against BestFxWorld.us


    Imoktrade.com – HYIP
    Another HYIP that took the money and ran. All attempts to contact them got no response.

    Article about Imok Trade

    Original complaint against ImokTrade

    FPA Scam Finding against Imoktrade.com
     

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