It has come to my attention that a series of rumors are being spread by some “less than credible” (to put it nicely) characters that this blog was originally created strictly as some clever marketing effort and owned by a company named: Oceanside Network. Though I’m typically keen on just rolling my eyes and letting [...]
Jan
17
Forex Scam Analysis – The British Virgin Islands, A Haven for Fraudsters
The Forex Fraud organization has recently provided Ponzi Scheme Alert with a special warning against forex scams prevalent in the British Virgin Islands region. Although forex scammers are can be located nearly anywhere on the international map, this specific area contains some shady secrets that should be recognized by all individuals completing due diligence on [...]
Jan
14
Genius Funds Scam – Long Term HYIP Scam and Ponzi Scheme on the Verge of Collapse, Exponential Growth Factors Catch up to Genius Fund’s Operations
Since the Christmas season (2009), I’ve been asked by at least a dozen people to analyze the internet program Genius Funds and dub it “scam” or potential legitimate online investment program. After the crash of one of 2009’s most painful ponzi schemes, Sam Serino’s Cash Tanker, I noticed that many individuals heavily engaged in the [...]