Alan’s Money Blog

Hello everybody.
I’m sure you’re all pretty familiar with the situation in Iraq. Well, with the emergence of the New Iraqi Dollar a whole slew of “Iraqi Dinar investment” sites have popped up. They all promise massive profits if you buy this new and highly speculative Iraqi currency. I too was tempted a while back […]

By Pharaoh
Source: http://www.forexpeacearmy.com/forex-forum/forex-basics-boot-camp/3959-ponzi-schemes-hyips-free-money-traps.html
With the collapse of Bernard Madoff’s 50 billion dollar investment fund, Ponzi schemes are very much in the news. Recently, the FPA investigated CRE Capitol Corporation and the TradeLite HYIP, both of which turned out to be Ponzi schemes. I’ve covered some of this before in my article about managed forex, […]

Thanks to okosh for posting this on two forums that I frequent (MoneyGuru Forum & NoBS Network). Here is another news event related to the Global Pension Plan scam saga:
Federal agents seized more than $1.1 million from a self-proclaimed pastor in Norfolk who is under investigation in an international investment fraud scheme, according to court […]

It has only been a little while since I wrote my review of AlterGold, and already I’ve come across two articles on the net that put serious doubt as to the legitimacy of this e-currency provider. These two articles come from the e-commerce journal website. Here they are:
Part 1 is over here.
Part 2 is over […]

It’s been a while since I blogged about why I believe the Global Pension Plan scheme is a total scam. Since then not much has happened. People have yet to receive that big pile of cash they’ve been promised, and frankly I’m not surprised. A comment on my original GPP post spurred me on to […]

Hello everyone. Not to long ago - in fact yesterday - I wrote a review of a new e-currency system called Numox (found over here). Well, I must formally apologize as I overlooked something in my first review. Had I not forgotten to do a check on the name which appears on the domain name […]