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
Posted on January 14th, 2010 by Mr. Ryz![]() |
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 HYIP industry claimed they were “diversified *(See Note A)” in Genius Funds, Gold Nugget Invest (GNI), and Cash Tanker.
Before the demise of Mr. Serino’s blatant scam, I wasn’t aware that Genius Funds’ popularity had grown to such lengths. Now it seems many individuals either (1.) invested in Genius Funds before Cash Tanker met its bitter end and convinced themselves that they were “safe,” and/or (2.) immediately turned to Genius Funds in an attempt to supplement or regain the opportunity to earn absurd rates of return on their money.
At the risk of becoming extremely unpopular with the emotionally hooked Genius Fund supporting crowd (which, I must admit, doesn’t bother me at all), I believe it’s safe to predict that most people within the program will soon discover they are at the mercy of another scam; or “ponzi scheme,” to be specific. As with most long-term ponzi schemes, it seems many people quickly deposited funds – shifting their entire “internet investment” focus, in some cases – to Genius Funds without completing even the basic forms of due diligence.
As with most HYIP ponzi schemes, the vast majority of Genius Fund members joined the group simply because of the hype; a.k.a. all the online testimonies and referrals repeating “I got paid, I made money!” Unfortunately, since all long-term internet scams pay for some period of time, the cheers of previous members receiving forms of payment contributes very little – if anything – to a researcher’s ability to develop a sensible conclusion about the true structure of an “investment program.”
So, whether you are participating in Genius Funds or not, let’s take a look at the some of Genius Fund’s largest red flags. Then you can make your own conclusion, as I have already made mine:
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1. The constant, high rates of returns offered by Genius Funds are NOT realistic
Genius Fund offers 2 different “plans” with 3 “classes” of shares, in which each share pays a slightly higher ROI. Shares are manually upgraded to a higher “class” once an investor increases the size of a portfolio; e.g. a participant in Genius Fund can receive “Preferred Shares,” paying a higher daily / weekly rate than “Common Shares,” but only once the participant has at least $500 in his account. The main website advertises 1.1 – 1.5% daily ROI rates for the first plan, and 5.0 – 6.4% weekly ROI rates for the second plan.
Therefore, the first red flag (similar to most of these internet “investment” programs) is that NO legitimate company or trader can guarantee 20% ROI per month EVERY single month (without significant variance) by trading or investing in bonds, stocks (domestic or foreign equities), commodities, real estate, etc. Put very simple, such a claim is false because it is virtually impossible within the reality of the world of finance. Genius Funds and its supporters can claim otherwise as loud and as long as they wish; however, I guarantee you’ll never see any proof – i.e. audited financial statements verifying the validity of their suggested “investment model” – that Genius Funds is capable of ethically paying these high returns each month without fail. Only a ponzi scheme element can satisfy such a ridiculous operation.
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2. Genius Fund’s supposed timeline does not appear to be supported by surrounding facts
Genius Funds itself claims it has operated from 2006 to 2010, which is a 4-5 year span. I see many Genius Fund supporters and “investors” also claiming that the programs long existence of nearly 5 years strongly enhances its credibility. The problem within such claims is that basic research on Genius Fund’s timeline suggests that the program has not even existed for a full two years. If you visit popular HYIP/Autosurf forums, such as Money Maker Group or TalkGold, you’ll discover that Genius Funds participants didn’t even post about the program until late August of 2008. In fact, if you run a basic website analysis, you’ll also see that Genius Funds didn’t even register on the radar until mid-2008. Therefore, this “4-5 year” hype appears to be entirely false.
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3. Genius Funds’ growth rate could have sustained a ponzi scheme structure
Several Genius Funds supporters will argue that Genius Funds cannot be a scam because it has successfully paid out for “so many months.” In other words, they believe the program did not grow and attract new investors / new deposits at an exponential rate, as required for a ponzi scheme to continue its reign of survival. However, if you examine a simple traffic analysis of Genius Funds, you’ll notice that the program’s growth curve is nearly identical to that of an exponential progression. You can see this for yourself with a basic Alexa graph displaying the websites daily reach over the past year and a half (as related to “Red Flag #2,” also notice that the program is nonexistent until the third quarter of 2008):
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Under these levels of growth, Genius Fund would have been able to continue its ponzi scheme activities, provided that high volumes of participants did not withdraw excessive amounts of funds. As the exponential growth line reaches the “vertical stages,” the probability of Genius Funds surviving the “next month” decreases by a substantial amount. The intense constraint of the exponential growth factor could bring Genius Funds to ruin very quickly at this point. Most ponzi schemes cannot survive very long once their growth curve reaches the steepness displayed in the above graph.
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Genius Funds, in conclusion – without beating around the bush:
Scam city!
Genius Funds is littered with red flags; most of which resemble the characteristics of other long-term HYIP ponzi schemes that lasted several months – some of them even years.
So, what should YOU do if you were considering Genius Funds as a possible “investment”? Unless Genius Funds is willing to supply the hardcore proof that they can sufficiently provide the ridiculous returns they advertise with an ethical trading or investing model (which they can’t), I wouldn’t even waste the minimum “investment” of $10 in this shady endeavor. In other words, RUN!
What should you do if you’re currently a member of Genius Funds and have money “invested” with them? As you may have probably guessed, I recommend you withdraw your profits immediately and attempt to salvage what you can. As demonstrated earlier, this program most likely uses a straight-forward ponzi scheme model that is on the verge of crumbling to dust. It could – in all mathematical possibilities – survive for more months, but the probability of extended endurance severely diminishes with each passing day. Be extremely cautious!
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- Mr. Ryz
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* Note A -
As a quick note to all sophisticated investors: Concerning the greed and deception that spurs the so-called “HYIP Industry” on within it’s own illegal framework, I admit that using an investment term such as “diversification” typically associated with reducing an investors’ standard deviation of overall portfolio risk would be somewhat misleading at best, and potentially even downright ludicrous. Individuals that attempt to profit by reaching “first in, first out” payments in internet ponzi schemes are gamblers; NOT investors. Even if “diversification” into such ridiculous gambling affairs did improve those odds, the term is not applicable in its intended form.



Comment By: WWjean
January 14th, 2010 at 6:02 am
I have tried to warn so many of this already and I am glad to see some truth posted. Why can’t most see this is just big ponzi?
I still spread word about Genius Funds and think this serves as a classy wake up call. Let us hope others come to terms with what they are putting money into.
Comment By: Eril M
January 14th, 2010 at 11:53 am
GF is a Ponzi? Maybe yes it’s. I never think GF or another HYIPs as a real company, and i always remind it to my friends. No one know about who they are. Just ignore it.
But I am admitted that Geniusfunds is one best of professional HYIPs for this period however.
Play as an investors, Diversify, diversify & diversify…, then we will safe in. I have proved since 2007 as a real HYIP investors.
Regard,
Eril M
Comment By: Ponzi CHAMP
January 14th, 2010 at 5:57 pm
Very good Mr. Ryz. I was wondering if you were going to start covering Genius Funds. I saw the same exact things you did within that tacky CashTanker community, people saying they were safe because they were diversified within other Hyips like GF. I think it’s very ignorant of people to flock to high yield offering ponzi after ponzi after ponzi.
Honestly I like your coverage of this program better than the previous. When I saw that alexa graph of GF’s traffic I was amazed just how similar it was to PIPs and 12dailypro. Those scams dealt with 100,000s and while I don’t think GF will reach those heights, its following the same suits as those famous loaded ponzis of old.
I won’t begin to predict the end on this one because it’s too large and too wild. Could last another 5 months, and could die before the end of the week. I just can’t believe how many people think their positions in GF are diversified or responsible. What a joke. I expect a lot more cranky cheerleaders to erupt out of this one than CT. But we’ll see won’t we?
Comment By: Mr. Ryz
January 14th, 2010 at 8:38 pm
Hello Ponzi Champ,
As I attempted to hint at in “Note A” above, standard principles of “diversification” are really not applicable to HYIP industry participants; at least not in the general financial sense. A diversified portfolio involves spreading your funds into different investments in order to reduce an overall estimated risk.
However, these internet HYIPs are not investments – they are gambles. You can NOT properly measure “risk” (and therefore manipulate it through diversification) when you don’t have information on the company’s exact assets being traded (or invested in), fluctuation of those assets’ worth based on world market performance, specific track record demonstrating effective risk vs. reward ratios due to company managers’ expertise or intuition, etc.
Without that crucial information, you might as well enter a casino, spend 1 hour playing slots, 1 hour playing black jack, 1 hour playing roulette and call your activities “diversification.” As you can plainly see, diversifying into real investments as opposed to multiple gambles is very different. Two of the main differences in HYIP gambling, with respect to legalized gambling, are that (1.) casino activity profits are legal and do not present a risk of suffering penalties from governmental authorities, and (2.) many casino related activities have some calculable “odds of profit,” as opposed to most long-term HYIPs, which are essentially white mysteries.
- Mr. Ryz
Comment By: Jaime
January 15th, 2010 at 11:43 am
Life’s a gamble…you can blow your money away in a casino with $0 profit. With Genius funds you are still currently getting a nice daily return. I much rather gamble with genius funds than waste time at the Casino.
Comment By: Ponzi CHAMP
January 15th, 2010 at 2:36 pm
Great explanation there, Mr. Ryz. I feel the same way.
Jaime, you make it sound so simple, when you’re forgetting a key component as to why gambling in ponzis like genius funds is much different than casinos. In ponzis, any profit you receive comes from robbing others. You are taking money from people that deposited with the believe that the program had real investments.
Putting this as simply as I can, anything you earn from genius funds will be stolen funds from someone that invests and is left to hang. Profit in any Hyip ponzi is just the result of lies and greed. They are illegal, immoral, and unethical by any form.
If that’s the kind of thing you’d rather ‘gamble’ with, you either haven’t fully realized what you’re into yet or you have no problem assisting internet crooks. Here’s to hoping it’s the former, not the latter.
Comment By: WWjean
January 18th, 2010 at 9:53 pm
Is Genius Funds a ponzi eril? Of course along with all the other hyips that promise big returns forever. Not one of them has lasted even 5 years and I guarantee no one can prove me wrong there.
I want others to see that Genius Funds is a scam before its way too late but I’ve met up with a lot of people who aren’t using their head. This will not pay forever and people are going to be very angry.
Comment By: crownzaucer
January 18th, 2010 at 11:11 pm
LOL I can’t even believe there’s a debate. it doesn’t matter how pretty the website is or how long they’ve been around. if they offer ridiculous returns and can’t prove one damn bit of what they promise to their people, it’s just another scam.
I too saw those cash tanker morons pimping Genius Funds. come on people is THAT the type of person you want to take investment advice from? someone who was dumb enough to invest money with the fictitious sam serino scammer? now I realize Genius Funds investors are more than just ex cash tanker nutballs but the same idea holds true. Genius Funds can’t possibly pay out so high forever and we’re just going to witness another tower of cards falling down. prepare for more ponzi wreckage!
Comment By: Facundo
January 19th, 2010 at 8:20 am
Hello people, nice debate.
Look, I have some money in, I started with 1500 usd, now I have 3600 in my account and I did recover 1000 of my principal investment.
Genius funds can be a ponzi, no doubt, but you can still get a LOT of money from it.
I called a company called “Regus” that it is register in the same adress that genius funds is.
If you put the adress of genius funds in google, you will find many companies with this adress, this is a commercial building, So I called and I said:
“Hello, Im making a research about a company called Genius Funds, I would like to know if they are in the same adress that you are, if you know them”
And she said “Yes, they are our clients, we rent them the conference room”
So they really exists, and they are where they say they are. Besides, they are secured by “verisign” a SSL BEST seller, verisign provides security to microsoft and it is a requirement to be a LEGAL company.
Comment By: Ponzi CHAMP
January 19th, 2010 at 1:14 pm
I respect your honesty about the ponzi aspects of Genius Funds, but I feel you’ve downplayed the illegal and unethical side that comes with it. Just because you can get a lot of money from something doesn’t make it right.
It’s good to see you’ve done some background research, but it really doesn’t do Genius Funds much credit I’m afraid. I could go rent out a conference room and set up a corp giving the appearance of a ‘legal company’ and then run a ponzi right under everyone’s nose. It’s not difficult and that’s where financial research comes into play.
But as Mr. Ryz said earlier there’s nothing to research there. Do you really think Genius Funds would hesitate to show its own members and clients real information about securities being traded if they were real? I guarantee anyone with a real career in finance and accounting would look at something like Genius Funds and laugh their pants off. No real company operating legally would perform so shady.
Comment By: DeeAnn
January 20th, 2010 at 3:02 pm
What you are saying has no merit and you cannot prove what you say either. Genius has been investigated multiple times and all things you claim have came back unfounded. They have proved themselves to those who “count”. Just because they don’t want to reveil their secrets to people such as yourselves doesn’t mean it isn’t on the up and up. After reading your article I did my own investigation and you can prove anything you say. It is just an assumption. But you got your 5 minutes of my attention, that all.
Comment By: Donny
January 20th, 2010 at 3:19 pm
I get spam from these genius fund idiots every week sometimes more.I can’t believe someone would spend money into something like this instead of real investing. Thats how you make money. If anyone has big money to play with buy in to real estate. That market now is cheap as its ever going to be for decades someone with a little patience can make a fortune.But this internet ponzi stuff is a joke. Just broke losers and swindling scum.
Comment By: crownzaucer
January 20th, 2010 at 4:44 pm
DeeAnn I don’t what you’re yapping about but everything Mr. Ryz said and ponzi champ explained is accurate when it comes down to facts vs ponzi promises. you have any other arguments? because you sure seemed to be in a hurry to leave without explaining what you found to be an “assumption.”
You say genius funds has proven themselves to people who “count.” I believe you! because the people who “count” to genius funds are nothing but ignorant dreaming cheerleaders who are so easily satisfied with the empty promises genius funds offers them. they don’t even know what real “proof” is! ponzi scheme admins prey on people like you Dee ann, the greedy and ignorant, that will invest their money without having any real supporting facts about what’s being done with the funds.
Genius funds has you people hooked like a fish out of the water and you’re wriggling hard. they’ve offered you NO real proof and you know it. you just refuse to look at the reality staring you point blank in the face. eventually you’ll see just how big the hook was, even if you can’t bring yourself to see the truth right now. but you got your 30 seconds of my attention, that’s all.
Comment By: Annoyed
January 20th, 2010 at 5:42 pm
Most of you idiots with Comments do not know investments and what your on about , you personally have not tried Genius funds, and are bored with your lives that you decide to pick on things YOU HAVE NO IDEA ABOUT. WHERE IS GENIUS A SCAM? WHERE IS GENIUS A PONZI? Stop claiming what you do not Know. There are thousands of happy Genius Investors and i am one of them, GET YOUR FACTS RIGHT. We all know the risks, we all know that it may not last for ever, but to Call them a SCAM, Is such a statement that you all can put where it belongs.
Comment By: crownzaucer
January 20th, 2010 at 6:09 pm
Seriously, annoyed? THAT’S the best you pathetic genius fund cheerleaders can do? this isn’t a scam because we “have not tried genius funds”? this can’t be a ponzi because people have gotten paid? LOL. you sure are clueless when it comes to picking out scams.
That response is a classic cheerleader rant. first anyone who doesn’t praise genius funds “has no idea about anything” even though sure enough this damn program reeks of the basic ponzi red flags. second of all, you post you know the risks and that it won’t last forever and question why it would be a scam? WAKE UP, cheer boy! it’s a scam because they are not what they claim, they are just paying off old investors from the newer groups that come in and start investing or add to their current account. call me wrong? Then PROVE IT! and you know you can’t because there is NOTHING that can be proven with this scam!
This is all very funny to me because I originally had the impression that some of the people in genius funds were somewhat mature and actually had a little more experience with scams. but MAN when I see cheerleader stupidity like the vomit posted above, I can’t help but wonder if the average cash tanker scam cheerleader had more sense than genius fund fools. and that’s saying a lot!
Comment By: Annoyed
January 20th, 2010 at 6:23 pm
Crownzucer,
What scam are you running? Normally Scams them selves and try and call other Genuine things Scams to try and lure people to them. You have no Idea, Yes i am a Inverstor and a VERY Happy One, and i am a extremely wise person and look out for Idiots like you that are absoloutly clueless.
I think every investor in Genius that is wise knows that it is high risk, THAT DOES NOT MAKE THEM SCAMS. They do not hide the fact that they are high risk, i have seen no lies and reason what so ever to see them as any thing less than a Genuine reliable and honest investment fund. You are clueless. Go and continue your Scams that your running, its normally a Scam that sees others as that, you are a perfect example.
Comment By: crownzaucer
January 20th, 2010 at 7:48 pm
AGAIN from annoyed. more idiotic cheerleader speak that indicates the kind of maturity we’re dealing with in genius funds. anyone that recognizes the clear cut ponzi red flags in genius funds must either be “running some other scam” or is “absolutely clueless” (nice spelling of absolutely there btw lol)? What drug are you on?
What a total joke. you’re not “wise.” you don’t even know the difference between investing and ponzi gambling. you think because genius funds has not come out and admitted to running a ponzi or announcing they were lying that they MUST be legit? you don’t see the support that strongly suggests they are a ponzi scam because your some giddy cheerleader too emotionally involved to see anything other than what you want to see.
In the mean time keep up with your pathetic twists and turns about “me running scams,” as if anyone that has a ounce of brainjuice can’t see the obvious scam signs in genius funds. what a delusional loser.
Comment By: chris
January 20th, 2010 at 8:38 pm
What companies are not a ponzi scheme. All the major American bamks would have failed had the government not bailed them out, are they a ponzi?Unles anyone can examine the real books and bank accounts we all have undocumented opinions. Genius might be and might not be. We will all never know even if it does fail. We all have no actual proof. All opinions. Diversification is critical, no matter what in investing.
Comment By: Mr. Ryz
January 20th, 2010 at 9:14 pm
I expected that we’d eventually encounter some retaliation from the emotional cheerleader groups associated with Genius Funds. Yet, at the same time, I’m not even slightly surprised that not one Genius Fund supporter / “investor” has posted anything besides an outlandish rant full of ponzi scheme false logic and immature rationalization.
This is just another chapter in the big book of “Internet Ponzi Schemes.” As with many HYIP communities, I fear emotion and greed has eroded good, common sense within many people involved in Genius Funds.
- Mr. Ryz
Comment By: crownzaucer
January 20th, 2010 at 9:54 pm
LOL you don’t let any of these cheerleading idiots get you down do you Mr. Ryz? you’re doing a good job spreading the word about the truth with such programs. let the stubborn keep spitting while the intelligent people will see your points and stay away from this garbage. keep it up, these hyips are pathetic and need to be brought into the light.
Comment By: Annoyed
January 21st, 2010 at 1:53 am
Crownzaucer.
You ain’t worth one more minute of my time. I am happy being scammed, and happy to continue to be, i am also happy to have worked and managed to invest a substantial amount, Unlike you crownzaucer, i guess the deal here for you is the frustration of not being ahead like us smart Genius investors.
Last reply you will get, people like you are best looked at with sympathy only.
Get a life you IDIOT and get a job to get on top the way us smart Genius investors have done.
THANK YOU GENIUS YOUR THE GREATEST.
HAPPY CHEERLEADER
Comment By: crownzaucer
January 21st, 2010 at 2:05 am
Bye bye annoyed, and I promise you that no one will miss your idiotic cheering rants. but I think I should probably just leave it at that because I don’t believe in heckling people who display mentally challenged or emotionally feeble signs. you desperately need help and a lesson in reality but apparently the only medicine available to someone as lost and arrogant like you is to wait for genius funds to crash and learn the hard way. no one here will miss your stupidity, but ta ta anyway ponzi cheer boy.
Comment By: WWjean
January 21st, 2010 at 5:39 am
I’ve learned to ignore the bellyaching of scam cheerers. You see some with every hyip and its best not to give them attention.
I will continue showing others the truth about Genius Funds. We should concentrate our energy on that. I’ve already saved 2 people from throwing their money away. I’m sure this article has saved even more. Keep spreading truth!
Comment By: RG
January 21st, 2010 at 3:29 pm
Can someone tell me more about the Alexa graph? Thats just traffic right? It wont tell us how many people are joining and how much they invest, right? Also, this entire website appears to be advertising for “Oceanside Network”. Has anyone got involved and is it legit/working/legal?
Comment By: Telmvx
January 21st, 2010 at 6:35 pm
I also support what’s been said here against genius funds , I see others mentioned the cash tanker and I did not know groups would get together , spreading risks in these different H.Y.I.P.s. I know those losing thousands dollars in these and do think this is all crazy.
In one program you make $ 300 but in another you lose $ 1000 , thats the risk you take and most often face.
That is not investing , fools part with their money quickly and H.Y.I.P.s are no exception. Genius funds is just another scam as said here , and you puffed up GF investors need to grow up.
Comment By: Ponzi CHAMP
January 22nd, 2010 at 4:02 am
RG, I believe that specific graph shows Genius Fund’s ‘reach,’ which would not grow at that exponential curve unless it was bringing more and more new members in. Reach doesn’t grow unless the amount of new people visiting the site grows.
It’s a pretty good indication in my opinion that GF has been growing right above the level needed to sustain the ponzi. Funny yet scary thing about that graph is that it looks like just 12DailyPro and M Investment before they went under. Don’t be surprised to see it also mark the final straw of GF soon.
I can’t tell you much about Oceanside Network though I did ask Mr. Ryz about it. To one extent or another they do seem to have a good foundation and from what I understood they don’t tend to return more than 10% monthly very often, which is slightly reasonable if comparing them to internet ponzis. I just wonder if they’ll be able to keep their bot stable for the long run during this crazy economic status. They may eventually have trouble like many other forex trading groups are having right now.
As I remember saying somewhere in the Cash Tanker section, I would have looked into it further since it didn’t appear to be ponzi, except I prefer to do my own trading. That’s really all I can tell you.
Comment By: Lou
January 22nd, 2010 at 4:46 pm
I rarely come to this blog except when someone throws me a link. Generally all I find is that EVERYTHING is a scam unless you decide to promote it. Your ‘evidence’ is minimal at best. Yes, as an online program GF has not been running for nearly 5 years. Do you have evidence that says they have not been running OFFLINE for that long? Your chart is no further proof as any investment program that has funds going into it at a growing rate would show that curve? Really, I remember why I stopped trusting your opinion on ANY investment. But hey, thanks, blog posts like this help support these programs! Thanks for the boost. Maybe that’s your real intent anyway?
Comment By: Mr. Ryz
January 23rd, 2010 at 7:10 am
Hello Lou,
First of all, I should state that I rarely spend time defending myself from HYIP cheerleaders, but due to the fact that a slightly popular forum, ASA (whose lifeblood has and most likely always will revolve around dark secrets and ponzi schemes), has sent over 100 hits to the Ponzi Scheme Alert community in the past 2 days, I figure I might as well quickly set the record straight.
The rumors have been flying lately, and the ridiculous statements about “EVERYTHING” being a scam except ON are addressed here:
http://ponzischemealert.com/blog/ponzi-scheme-alert-and-oceanside-network-rumors-lies-and-hyip-cheerleader-irrationality-vs-the-truth
Concerning your statement about the “proof:” It’s not my responsibility to prove that Genius Funds has NOT been operating offline for 5 years. Yet you (and all other Genius Fund cheerleaders I’ve come across) have presented no evidence that Genius Funds HAS been operating for 5 years. Generally, when a program / company as suspicious as Genius Funds can’t or won’t demonstrate proof about a big claim, you’re wise to assume it isn’t true. Genius Funds has provided nothing.
As for your “chart” argument, you clearly didn’t even take the time to read the full article. It was, however, a sly attempt to twist the point though. My point was not that an “exponential curve” in itself guarantees that Genius Funds is a ponzi scheme, but that given the other red flags indicating Genius Funds operates as a ponzi scheme – i.e. the rates of return offered are ridiculous and they’ve done nothing to prove they trade real investments – the curve demonstrates that Genius Funds could have easily satisfied ponzi scheme payouts through exponential growth.
Quite honestly, I don’t care if an arrogant cheerleader such as yourself “trusts me” or not. Each time I write an article, I expect to encounter some lost causes such as yourself, and I highly doubt you’ll be the last.
But, on a final note, I assure you (as you’ll read in the article, link posted earlier): This blog post is NOT helping Genius Funds; in fact, the opposite is quite true. I will continue exposing people to common sense. As for you, I know your type very well, and there’s really nothing I can do to convince you otherwise, so farewell.
- Mr. Ryz
Comment By: rik
January 23rd, 2010 at 10:50 am
I just want to say I appreciated the different point of views on the whole gf thing and I am glad you guys gave me real outlook on it because now i am pretty much certain… that I’mma take a leap and do it!lol i mean really the bottom line is we only live once and as long as you got it to lose y not try it and see what happens. Legal issues are irrelevant as well the bottom line is victims of false advertisement are not liable for any crime committed. all that matters is that gf promises what they promise and anyone taking part is only doing so because of this promise. if someone is getting robbed, then the only people at fault would be gf. so yes be smart if you dont got it to give it then wait, save, penny pinch whatever you have to do, before you make and investment like that- and if you have it to do it then dont be a prude take a chance, It may not be worth it or it may be. if you can aford to lose it, then thats the worst that can happen and at best… you end up changing your life!
Comment By: crownzaucer
January 23rd, 2010 at 3:05 pm
YIKES Mr Ryz you’ve really been pissing off some cheerleaders lately with this stuff huh? lol.
Well sure those damn genius fund pimps are going to accuse you of lying about programs for your own benefit of some sort. i did read your new post and I agree, I have never felt pressured to join oceanside and I like how you’ve always kept this stuff on topic as much as you can.
Isn’t it funny these loony genius fund cheerleaders didn’t even bother spending time trying to challenge the points in your post. you backed these morons into a corner, and when they don’t have any defense they just start slinging mud. what a pathetic attempt.
Many ponzi cheerleaders also start in with stupid comments about how people who warn against ponzis must only be doing it to promote a scam. although some ponzi pimps have used that strategy, accusing everyone of doing it makes no sense and shows how nutty these cheerios are.
Comment By: crownzaucer
January 23rd, 2010 at 3:09 pm
Go ahead rik. jump in full force if you must. but you’re just going to lose it. programs offering roi without showing you any real investing proof are not “investments.” you’re just pulling a slot lever. if you want to penny pinch so you can finally pull the lever a couple times, fine, I just wonder why you wouldn’t look to spend it on something worthwhile. i’d invest in penny stocks before this trash.
Comment By: Ponzi CHAMP
January 24th, 2010 at 12:53 am
I wasn’t aware until now that rumors had been started about this blog. I still remember when people went out of their way to ask Mr. Ryz what opportunities he could recommend. They asked and he provided. I guess if that makes him guilty of using blog warnings to lure people into programs you could condemn about 90% of the other blogs out there.
This all sounds like the workings of cheerleader mischief to me. If you anger the wrong crowd in these ponzis, they’ll do anything to trash the person fighting the scams. That’s probably because many of them know if people like us knock enough common sense into others, no one will keep joining the scam, the ponzi will die and their money will be lost.
Be proud of yourself Mr. Ryz. You’re definitely getting to the cheerleaders. If you’re hitting their nerves, that probably also means you’re going to convince others to keep their money out of the Genius Funds ponzi. I say keep it up and ignore the furious gamblers that are holding on tight to these scams.
Comment By: myntvLLC
January 28th, 2010 at 1:09 am
genius fund what a surprise .. more e investments being puffed up by autosurf authority and money maker group promoting swine
this is yet another scam being sold to morons by morons … a couple months will fall back and money will be lost .. and these dolts will expect some pity
not a chance …you Gf wacks want to be stupid ? .. then face the music
Comment By: ohagrad98
January 28th, 2010 at 2:33 pm
Hello All,
Interesting post. I had my doubts as well. I recently saw on the news tab of their website that they donated 50k to the Haiti victims so I decided to contact the charity that they supposedly donated to and try to verify if they were in fact being honest. Here is the reply I got:
Dear XXXXXX,
Please accept my apologies for the delay in my response. Our UK office was not the recipient of this donation, so we were awaiting further information from Genius Funds relating to this donation prior to responding.
I can confirm that a donation was received from Genius Funds to our Swiss office on the 21st January for $50,000 towards our Haiti Appeal.
Thank you very much for your patience, and for your interest in MSF and our work. If I can be of any further assistance please do not hesitate to get in touch and I shall be happy to help.
Kind Regards,
Matthew
Matthew Watters
Fundraising, MSF UK
67-74 Saffron Hill | London EC1N 8QX | Direct Line: 020 7067 4203 | Fax: 020 7404 4466
http://www.msf.org.uk
Médecins Sans Frontières (UK) is a company limited by guarantee.
English Charity Reg No.1026588
English Registration No. 2853011
Please consider the environment before printing this email
If they are a scam do you really think that they would actually donate 50k of their own $ to this cause?
Interested to hear everyone’s response.
Comment By: crownzaucer
January 29th, 2010 at 3:09 am
ohagrad98, if this is true they didn’t donate 50K of THEIR money. they donated 50K of YOUR and their MEMBERS money! genius funds isn’t the first scam to pass money from the ponzi chain toward donations to make themselves look like good people and i’m sure they won’t be the last.
I’m all for giving to causes like this but it doesn’t change what they really are. it doesn’t give them any more credibility either. all you old timers, remember when 12 dailypro donated 25K to some christmas donation in 1 single day? swisscash offered something similar, all for show. and people bought it! thought it proved the program was the real stuff. nope, not true at all.
Comment By: Mr. Ryz
January 29th, 2010 at 3:12 pm
crownzaucer,
I find it interesting (though most likely coincidental) that you mentioned 12 Daily Pro – founded and operated by Charis Johnson out of an apartment in Charlotte, NC – because our spam blocker just caught 2 messages by a witless troll supposedly located in Charlotte, NC based on IP information: 143.165.8.50
However, it is also listed as a proxy for the Teacher’s Insurance and Annuities Association, so I won’t read too much into it. Interesting though.
- Mr. Ryz
Comment By: crownzaucer
January 29th, 2010 at 3:42 pm
LMAO MR RYZ!! that’s a corporate proxy. I say you should go ahead contact the association and let them know that they have an employee wasting office time trolling around in blogs LOL!
What I find more interesting than what you posted is the state of genius funds today. anyone else notice the website has been down for hours? nothing but a server error displayed. if it doesn’t resurface soon, you can say bye bye to this ponzi.
Comment By: Ponzi CHAMP
January 29th, 2010 at 4:57 pm
Crown, I think the site was down for maintenance. A ponzi this big with such a massive following probably isn’t going to disappear so instantaneously.
One day they’re going to send out an update with a bunch of excuses explaining how the economy is so poor and they made some bad trades or how some thief ripped them off and they can’t pay anyone interest anymore. Some of cheerleaders will buy it while the more open minded will understand what’s really going on.
Genius Funds could keep pumping through ponzi funds for a little while yet, but I expect a collapse before summer time. If you must, you can mark my forecast on June 2010.
Comment By: Mel
January 31st, 2010 at 4:44 am
Who cares, money is not “real” money anyway.
It just sounds like more fearmongering from people who’s life is governed by fear.
Mine however is not and I don’t care if I lose the money or not, it is all going down the drain anyway one day, and I would rather be riding it out in style until it does.
At least I will have had enough money made to cover the initial investment that I put down. I am using Genius Funds to purchase things of “real” value any way, like Precious Gems and Metals and I will continue to do so.
And if you ask me Genius Funds is far better than working a Job any day, I think I will keep my Genius Funds Account and I advice everyone else to do the same. The fact still remains that as I am typing this I am getting paid by Genius Funds, and if you ask me that is ok with me.
Comment By: Michael
February 1st, 2010 at 12:59 am
Well, I’ve been investing in Genius funds since last June. I have taken out more than I have invested so far and am going to Vegas in March with the funds I withdraw at the end of this month. If they last until end of the year, I will be more than happy and then on to the next one. You definitely CAN make money in HYIP’s if you don’t get too greedy and let your profits ride, not your pricipal! Good Luck!
Comment By: Ponzi CHAMP
February 1st, 2010 at 2:57 am
Mel, there’s a difference between fear mongering about the worth of your money and being careless or foolish with what you’ve been given or using it to feed your own greedy desires.
How many more cheerleaders will we meet up with that seem to believe placing their money with with Hyip ponzis is fine just because you can get lucky and make some money here and there? I’ve known many big Hyip players and most have either been eventually sued or lost everything. Robbing the ignorant through illegal ponzis, calling it an effort to supplement a job or prove you have no fear about money?
Justifiable? I think not. Laughable? It might be if the truth did not include all the newbies that get drawn into these things and lose thousands of dollars, but you cheerleaders don’t care about them, do you? Otherwise you wouldn’t be supporting these greedy machines of thievery.
Comment By: Anita
February 1st, 2010 at 4:04 pm
No matter what genius fund investors want to use as excuses this shows all resemblance to big HYIP programs that turned scam. Swisscash was mentioned and I agree this looks like just a swisscash repeating history. Some ponzi schemes are like fires that grow wild and out of control and members keep investing with them all the way to the big explosion. You put in money now and you might as well lite it on fire. This one is going down in flames soon.
Comment By: GZops
February 2nd, 2010 at 2:59 am
hey you mel i own 500 acres in saudi arabia packed with oil. We have a hard time with selling because of fees and all so if you just send me a $10.000 wire i will make sure you get 1000% return in 30 days when we sell the property. youll help me out right mel? Its just money and its not real money. youre not afraid are you mel ??
Comment By: Need I Say More
February 2nd, 2010 at 11:42 pm
Ok. This is the truth. 155 days ago, I invested 2k in Genius Funds. I just pulled out all of my initial investment and profits totaling $17,226.09. I left my investment at 100% reinvestment for the entire time. So from 2k, I just made 15k in 155 days. So, you can tell me all you want that this is a scam, but my pockets will call you a lie and have the proof to show it.
Comment By: Mr. Ryz
February 3rd, 2010 at 12:18 am
“Need I Say More,”
Your “pockets” contain your original investment in addition to $15,226.09 that gradually accumulated through an illegal ponzi scheme pool via many member’s contributions.
You’ve proved nothing except that you don’t know the difference between “proof” and making “lucky,” temporary gains in ponzi schemes.
- Mr. Ryz
Comment By: crownzaucer
February 3rd, 2010 at 2:19 am
LMAO at both Mr ryz and Gzops! Gz be careful there, you don’t want to put ideas into these genius fund morons heads. if someone here offers him wire details he’d probably be dumb enough to go with it LOL!
Need i say more, you’re good there buddy boy. you don’t need to say any more, you’ve already showed everyone that you’re an idiot. now everyone knows how much you’ve stolen through this damn ponzi. but you just couldn’t keep your fat mouth shut could you ponzi cheer boy?
Comment By: PonziHater
February 3rd, 2010 at 3:47 pm
Ive been w/ GF for over 4 months and now am in profit. Will ride till its over.
Comment By: Facundo
February 4th, 2010 at 12:20 am
This is very simple:
Im an investor of genius funds, it doesnt matter what I think.
It matters what it is.
Genius funds can prove to you where are they investing, and you will still saying “thats not true”.
You will never say genius funds is legit, not because they are not, its because you dont want genius funds to be legit.
No one here knows for certainly if they are or they are not a scam.
But there is a fact, There is nobody saying “i didnt get paid” and there are THOUSANDS of people saying “I GOT PAID”.
How long can you ride a ponzi? 1 month? 6 months? 1 year at least?
It has a stop, ponzi scheme is limited.
I will also do some math, please.. give me 30 seconds of your attention:
Suppose genius funds has 1000 investors, each has 100 dolars, and that makes a total deposit of 10000 usd.
from those 1000 investors, suppose that 500 of them, decide to compound 100% and the other 500 just takes away money at the end of the month.
Then genius would have the 100% of the money of the 500 investors + the 75% of the money of the other 500 investors, so that means, they have ALMOST 100% of the money to WORK, and to do money.
Did you know that in forex, or buying shares of a company, you can make up to 80% monthly with a good high risk managment?
IT is possible though, It has to be, BUT it is very difficult. Maybe they really know how to make money, as a marketing professional knows how to do marketing on a company.
I know for sure they really exist and they are not some fat men behind a computer, why would they just “CREATE” a whole world that really doesnt exists? Stealing money from a ponzi is much more simple than what these guys are doing, PLUS, more deposits, means more money, means more risponsability, and in case of any financial trouble or some anti ethical action, more consequences.
I just dont really think its a ponzi, thats all..
I did recover my investment ON my hand, so what I have inside, I just dont care.
Comment By: Facundo
February 4th, 2010 at 12:27 am
Did I mention that genius funds has an SSL certificate of VERISING secure?
Verising is the company that provides security to microsoft, and you need to prove that you are a legal company before they give you the ceritificate. PLUS the cost of this certificate is 20000+ usd for 2 years.
Genius funds did a renew of the contract with verisign on june of 2009 and it has certificate for 1 and a half year.
you can see more information on google:
just type “verisign” and take a look at the main web.
Its not cheap, it has an ensurance of $10000 usd in case of hacks.
Comment By: Ponzi CHAMP
February 4th, 2010 at 1:50 am
Facundo, first I have to laugh out loud when you say that we would never call Genius Funds legit even if we did see proof or because for some reason we don’t ‘want them to be legit’ whatever that may be. I hear so many clueless ponzi jockeys say this out of frustration and it really is the most ridiculous introduction to a defense anyone supporting these programs could ever offer.
Why wouldn’t I want Genius Funds to be legitimate? I’d love to make 20% on my money by the month. If they could really prove they knew how to trade assets, I’d head in strong with my investments. But the fact here is that I’m well aware of financial risks and big opportunities compared to ponzi schemes. If Genius Funds was really producing these kinds of returns legitimately they’d either be looking for high profile clients or keep their methods of trading to themselves and become billionaires in a year. Why would they bother wasting time with short pocket investors and annoying payment processors? Trust me, any real financial guru would laugh at this low class method of conducting business.
I think you should do some real open minded research because you don’t seem to understand how ponzis work. They can last for years upon years, all depending on how successfully they grow and how many investors forego cash outs and just let their money sit there and compound. Some have even lasted for decades all the while paying people out until the last straw. Genius Funds ability to pay out all this time does nothing to clear them of ponzi suspicion. Nothing at all.
I want you to go back and read what you wrote and really think it all through. I don’t think you’re that feeble minded so give this a shot. You really mean to tell us that you believe ‘people getting paid’ supports the possibility of Genius Funds being real? Do you know any long frame ponzis that have stopped paying for several weeks and months and successfully resumed at a later date? No because ponzis continue to pay until they die, even the very long ones.
Your broad 80% monthly line makes me laugh because I used to think the same thing. The truth is you can throw darts and get lucky and in that case, yes 80% monthly could be possible with stocks or forex. But not even the high flying experts could ever return that amount or even 20% for that matter every single month. If you doubt me, do the math. See what just one million dollars would turn into at 20% in just 5 years. Then try 80%. If that was possible, you don’t think the wall street fat cats would be all over such a system? Come on, use some realism and just think about it.
I also looked into SSL certificates at VeriSign and that doesn’t prove anything legit about Genius Funds. Anyone can go to the VeriSign website and purchase a certificate for $2,000 so long as you provide a website and some form of company or business. VeriSign does not carefully examine the company to determine if any real assets exist. They don’t sweep company records to look for ponzis. They just require some registered company, no matter what it may be, and offer insurance for any ecommerce related sites.
Facundo, you’re doing research which is a good sight when compared to the average lost sheep in HYIP ponzis, but you’re not giving any evidence that supports Genius Funds. I know in your eyes your arguments probably seem sound, but you have to face the fact that you desperately want to believe that Genius Funds is real. If you start looking at the info you posted above from a neutral zone and educate yourself on the matter of internet ponzi schemes, I guarantee you’ll spot error after error after error in your logic.
I hope I don’t sound too harsh in all this but I’ve seen ponzis play out for over 10 years. I have to point out false logic when I see it. Good luck to you.
Comment By: crownzaucer
February 4th, 2010 at 3:13 am
SCORE ONE FOR THE PONZI CHAMP!!! Facundo, zero LOL.
No doubt he’s a cheerleader seeing genius funds only from the point of view he wants to use. he’s not especially good at seeing scams, I mean GEEZ I just went to his blog and saw him promoting some crazy nano money corp ponzi scam. after I managed to sort through the shitty grammar and spelling errors on that site, i noticed nano actually gives you the option to use direct Us bank account as a funding option!
WOW that’s pretty dangerous information to give out to a tacky website belonging to yet another program offering nutty rates with no proof. hope Facundo didn’t give those jokers his bank account info. i’ll guarantee you people are going to get screwed in that stupid scam just like here in genius funds eventually.
Comment By: Mr. Ryz
February 4th, 2010 at 4:15 am
Very good explanation, Ponzi CHAMP.
I essentially agree with everything you posted and have nothing to add at this time.
- Mr. Ryz
Comment By: Garreth
February 4th, 2010 at 4:51 pm
I saw p2p blow just as I was about to deposit..friends told me they were getting paid ,and making lots of money. One even made $20000!!but no p2p chum I found knew anything about investing..p2p revealed nothing about its biz model…so I said forget it and watched from the sidelines..you guessed it ,the next month was oct the last month anyone at p2p was paid!! The guy that bragged about his $20000 will never see it
Now those same people are bragging about geniusfunds… YEAH RIGHT. Thse hyip seekers are birds of a feather..I see same problems in geniusfunds as with p2p. No one knows anything for sure and people think its safe because they get paid ,..that doesn’t cut it..Id bet $100000 geniusfunds dies like p2p did
Comment By: Facundo
February 4th, 2010 at 8:10 pm
If genius funds dies, it doesnt prove that they are ponzi, even a bank can die, any business can actually DIE.
Sorry for my BAD english, Im from Argentina, and seriously, I`m studing it.
About nanomoney, I didnt invest in it, I only have investments at genius funds, its the only company I trust.
Would a ponzi donate 50 thousand dollars? Would a ponzi have a REAL ADRESS (verified by me)?, Would a ponzi be SUCH a well managed company?
Lets say genius funds really can do that interest, lets say ITS possible for a second.
Would they really tell you how?
Now, WHY USING OTHERS PEOPLE MONEY WHEN THEY CAN USE THEIR OWN MONEY? Well.. that is because if something goes wrong, they dont lose money, only investors lose.
Apple`s shares went from 50 cents (usd) to 180 dollars in less than a year, how much time do you think google had to be the most rich company in the world? they started with 100 dollars, now they have handred of thousands of millions…
They pay you 20% monthly, if they only do 1 good transaccion in a WHOLE year, they can earn a lot.
They claim to have a manufacturing factory at china, I dont know if thats true, but if it is, China provides a lot of rentable money.
Medicine.. oh.. what a great industry, a lab can get a new product and earn 500% of its costs.. or do you think thats impossible?
IT IS POSSIBLE, though.. BUT difficult.
I will do a professional research about genius funds, with a cyprus company, it costs me 1500 euros.
If I get the money out of genius funds in 2 month, I will do that research, and I will let you know.
Comment By: Ponzi CHAMP
February 5th, 2010 at 1:08 am
Facundo, when genius funds dies and improperly shuts down taking everyone’s money with it, it doesn’t matter if you think it’s a ponzi or not. It will still be an illegal operation run by crooks.
I can’t believe you’re trying to compare this all in business terms when you’re talking about Genius Funds, a program that won’t even show you any proof of real assets. Google and Apple have never reached a point of offering 20% every month to their shareholders, and pharmaceuticals are very risky industry stocks that occasionally succeed in a do or die research project with odds of success being very low. 500%? I’m sure it’s been done before, probably even higher. But even that is very rare and the company provides detailed information to invested interests.
You on the other hand are talking about an investment program only visible on the internet that doesn’t provide proof or any professional details to anyone. You’re comparing apples to manure, and it doesn’t give Genius Funds any credit. If anything it just shows how hilarious of a program Genius Funds is when compared to real businesses. Go do some real research. Look into what a company like Google or Apple would have to arrange just to be able to legally distribute classes of stock to investors on the global scale. Then if you’re really up for some advanced but much needed research on your part, look into what an educated investor would require a company to provide before he would take a second glance at the company from an investment standpoint. If you do all this with an open mind, I promise you’ll quickly see Genius Funds as a joke.
I can’t make you see the light, you have to be willing to adjust your head and look at things logically. But the fact that you would even think a company like Genius Funds, that won’t even prove a single long term asset, is a ‘well managed company’ tells me you know very little about business or investments. You don’t know a solid fact about them. You have an address, okay. What do they have, a rented office? I could go rent a big office down the street tomorrow for under $2,500. It means nothing. Have you personally visited this Genius Funds address, met with the staff, owners, and fund managers, and been presented with an overview of their investment policies and financial statements? Of course you haven’t.
You’re still just frantically searching for justifications. You’re not trying to look at Genius Funds from an educated investors point of view. Unless you’re willing to do that, then I guess you might as well go out and spend money through any website that promises a high return. I just hope you eventually come to your senses and start making intelligent investments. HYIPs are masters at suckering in the 99% of the world that doesn’t know how to properly evaluate investments. Anyone in Genius Funds is either stuck in that trap or accepts the ponzi likelihood and is just riding along for the gamble, which comes at the expense of other naive investors.
Comment By: ED
February 6th, 2010 at 2:14 am
GF recruitors tried to sell me on it and I don’t buy it. I ve seen too many scams and don’t care who has been paid and who hasnt offer more or I decline. ITs that simple to me. I hope others are careful with this
Comment By: newnew
February 10th, 2010 at 10:07 pm
- POST REMOVED -
Reason: If you insist on playing “Genius Funds cheerleader,” go do it elsewhere.
-
IP: 208.120.74.152
Comment By: S?S
February 11th, 2010 at 9:59 pm
Okay ….
so we have another web site saying, pretty pretty please invest with us and we’ll pay you big money and promise you that we’re investing in forex and stocks and every other thing of worth imaginable but we will never show you anything of value or prove we can outlast the normal internet scam?
.. Yeep that’s what I thought…..
I have seen the hype that comes and goes with this one but this is the first time I’m seen someone with a few brain clusters in their head talk about genius, everyone else really seems to think this is real. Money scams do usually attract the idiots and as long as this one has been trucking along news has probably reached all 4 corners of Idiotville.
That is the real reason genius keeps on existing today, idiots are bringing in more idiots that deposit more money and keep the scam wheels turning. It’s known as a ponzi scheme or pyramid scheme and as the world runs out of idiots with more money to throw away this thing will end with a bang.
Comment By: newnew
February 15th, 2010 at 10:34 pm
- POST REMOVED -
Reason: SPAM and trolling
-
IP: 208.120.74.152
Comment By: Jeff
February 19th, 2010 at 8:04 pm
i am “invested” in Genius funds and was very skeptical. I beleive however that investing in a company in the US, China, or any other company is just as much of a risk in this enviroment. I just want the largest return I can get on my money before this run ends. Its just like investing in a startup bio-tech firm that has no real product- you are investing hoping that the compnay will hit it big and you can have huge returns. It could go beely up tomorrow. Just never put all your eggs in one basket and you will be fine.
One thing that I will point out is that the writer of this article is wrong the domain name was registered in 2004. I dont know if the site was up yet but apparently there was the beginnigs of a company.
Be careful in whatever you invest in bc at the end of the day if its a stockl on the NYSE or Genius Funds one day you can wake up and it all can be gone.
Good luck to all. I am not a pumper or a hater- just a guy riding a wave and hoping to stay in front of it!
Comment By: crownzaucer
February 20th, 2010 at 4:39 am
Jeff wtf? no one said anything about domain names. mr ryz talked about traffic and if you look into it you’ll find he was dead on. the fact that genius funds as a domain was registered in 2004 doesn’t prove or even suggest that the original geniusfunds domain even had anything to DO with the current admin of GF as you know it today. domains can be registered, transferred, bought and sold in the blink of an eye. any business or scammer for that matter can find a long list of idle domains and become the rightful owner for a few bucks. registration date of the domain doesn’t indicate one damn thing about any real GF existing in baby form before 2008. you’re going to have to do WAY better than that!
Comment By: Jeff
February 20th, 2010 at 9:18 am
hey crown- did you get burned by a one of these sites? i really dont see the problem- that woulod explain you problem with them. I really see no problem with it- now if i end up losing my investment then I guess i will put up a blog or go comment on a blog about how they are bad- in the meantime, i am going to watch my account grow and ride the wave.
i really dont give a sh*t if they opened the site 2 days ago- if the money that I am making is real then they can be putting this all together in some kids garage in North Dakota- all I care about is the fact that when I go to get my money out I actually can put it in my hands.
Comment By: crownzaucer
February 20th, 2010 at 7:09 pm
I don’t get burned by these stupid scams because I educated myself long ago. you can stand to gain by stepping up to the line and doing the same.
What exactly would you like explained Jeff? how internet ponzis work? or how about the difference between real investing and throwing money into some crazy hyip scam? it doesn’t sound like you really care at all, you just sound like the average hyip gambling boy to me……
Comment By: klow
February 21st, 2010 at 11:58 am
Mr Ryz and others,
Does Panamoney fall into the same category of Genius Funds as a scam?
Comment By: WWjean
February 22nd, 2010 at 4:34 pm
Truth about Genius Funds is coming out and warnings will start spreading farther.
The British Columbia securities commission, BCSC , was the first to send out news releases about GF
http://www.bcsc.bc.ca/release.aspx?id=9678
More will follow
Comment By: Ponzi CHAMP
February 23rd, 2010 at 6:05 pm
Oh my. I was not aware of this until today. Now I suppose you can scrap my expectation of Genius having enough ponzi juice to ride out into June.
Large HYIPs don’t recover from this kind of news and all Genius fund investors would be wise to withdraw whatever they can at this point. WW jean is right. The British Columbia authorities probably won’t be the last to go after this scam while it’s still seeking new investors.
The game might as well be over even if the final horn hasn’t blown. Any new investors at this point will probably lose everything.
Comment By: RG
February 24th, 2010 at 3:49 pm
I started withdrawing my “investment” after reading this blog several weeks ago. The BCSC was suppose to hold a hearing tomorrow but they have now postponed it until April 7, 2010.
Here is the first hearing notice dated Feb. 12, 2010.
http://www.bcsc.bc.ca/comdoc.nsf/allbyunid/161d573b853ca17a882576c8005f004f?opendocument
Here is the update showing the hearings new date. This was released yesterday Feb. 23, 2010 two days before the original hearing date.
http://www.bcsc.bc.ca/comdoc.nsf/allbyunid/cfde8754733c8a04882576d400015c8c?opendocument
Comment By: PeterCx
February 24th, 2010 at 7:28 pm
As Jordan Maxwell said, look at the hidden symbols and you will find the answers…. Genius Funds logo is a double pyramid.. The pyramid is the symbol of the New World Order that belongs to the ancient mystery schools,freemasonry etc.. they are just part of the game.. i believe they are connected with JPMorgan and all these wall street craps..
Comment By: petercx
February 24th, 2010 at 7:36 pm
To get the bigger picture of the meaning of the Pyramid symbol please watch this basic slide presentation
http://video.google.com/videoplay?docid=5368249979680883398#
Comment By: JayBay
February 27th, 2010 at 10:48 am
Any investment in anything is not safe, no matter how the return is being made. Bringing ’symbolism’ into this is probably the biggest joke of all.
ive put $20 into GF, and I’ll see how it goes. If I lose it, then I could have just put it on red and the roulette wheel spun a black. No biggie.
There is no argument here, only giving GF a bad (or worse) reputation, which stops people investing, that closes the business.
If you dont want to gain nor lose, hold on to your money with both hands. Any gain is a RISK. And if life didnt have risks, it’d be a dull world to live in.
Adrenalin, fun, & risk… Enjoy, or sit back with your cocoa and hide your cash under your matress. Its safe there.
Comment By: mibos
March 2nd, 2010 at 1:38 pm
Hello!
i am investor of GF for six months and it is going well.profits are regular.
benefits are paid off constantly.benefits from week to week vary however not more than 1,5%.All your statement that am read through are result of different looks.nothing in the world is not certainly and also banks maybe going to bankrupt and so their funds.i tell you this that you can complain of things that aren’t knowing and aren’t discrediting of other names to have own profit.all that are in GF invested and got promised benefit can alone say that we don’t care about these rumours,because that will not have of concept of usually branch to tell mostly.
Please do not tell unrealistic stories and do not post bullshit.
mibos
slovenia
Comment By: crownzaucer
March 3rd, 2010 at 1:50 am
LOL you should take your own advice mibos and stop posting bullshit.
Who cares how long you’ve been in GF and what you’ve made? if you’re going to defend a ponzi like GF you better damn well have more to say than dippy cheerleader nonsense.
Maybe you missed it in the posts above your own? genius funds is now a target by governments. they have securities commissions on their asses claiming what GF promises is impossible. see for yourself what THEY SAID
“The notice alleges Genius Funds is making misrepresentations to investors because it offers a rate of return that is impossible to earn consistently through legal means.”
You’re the moron telling unrealistic stories only because you’ve been cashing in on this ponzi. this thing will die soon and we’re going to see a lot of long faces including yours!!
Comment By: Disapointed
March 3rd, 2010 at 10:13 pm
Hi all,
question, GF make secure share certificate, is it usable for something? (means in future if financial problems)
Thx
Comment By: Ponzi CHAMP
March 4th, 2010 at 2:04 am
A certificate is worth only what it represents. So if GF is a ponzi and offering share certificates for assets that don’t even exist, then I’m sorry to tell you they are not worth anything at all.
Comment By: goodketch
March 4th, 2010 at 12:35 pm
The original “Ponzi” has been around for decades and banks and brokers for hundreds of years. The objective of the enire group of them is to make a lot of money, and they do that quite well. Investigations done by high quality government and private investment counsilors (investment banker for ex.) have proven the financial world to be corrupt to a degree. They all prey upon the investor’s greed as well as they practice maintaining the same policy.
I’ll point out that, at any level, RISK is the name of the game and there are winners and they always far outnumber the winners. It’s simply the objective of the game.
One good friend invested in a now (almost) defunct HYIP for about 2-years. His “take” was in 6-figures. His secret, “pruning” the account regularly and understanding that “When” (not IF)it failed, whatever was in the remaining account was the ‘cost of doing business’.
There have always been sharks in the water and the HYIP is a RISK game like all others. You “work” the system prudently and you WIN.
His advice: Plot for a term of about 6 months, in a HYIP that is in business for 6-months. Prune the account once you have made your investment 1.5 times and then bleed it down quickly to the original investment amount and let it play out 6 more months and then, Get Out! There are always new HYIP’s getting started. Just buy in and repeat the performance.
If personal shame or guilt falls on your head then you have no business fleecing the weak. They are the perrenial “losers”. Your Uncle Sam has no shame in fleecing the entire adult population on a regular basis. Ane he always plays by the rules of the Corporate Biggies.
Comment By: Ponzi CHAMP
March 4th, 2010 at 9:49 pm
I’ll never understand how some people can actually justify thievery through ponzis because they hate how the government runs things in the USA. The financial world is full of scumbags, so you might as well be one yourself? You really expect us to accept that crude reasoning?
Good gracious me, what is happening to the world? While walking through the streets of Atlanta 2 weeks ago I saw a fellow with an End Of The World Is Near signs. I’m starting to think he may be right.
Comment By: I like HYIP
March 7th, 2010 at 11:20 am
crownzaucer,
Stop crying and being jelous…. if i can manage to make money with those ponzi , i do not care about if they are legal or not, i do not care if they live shortly. The most important i can profit and in order to do that you need THINK . Definetly you have no enought intelligence to manage HYIPS, so definetly stay away and do not cry.
Good luck.
Comment By: crownzaucer
March 7th, 2010 at 11:34 am
Yessiree there are many ponzi cheerleading thugs in world like you that don’t care who they hurt and who they steal from as long as they make some money. you’re just another scam assisting asshole out there that only cares about himself. oh well at least you’re an honest asshole to some extent since most of the fools that play hyips won’t admit the truth about these pathetic scams.
Comment By: I love GeniusFunds
March 7th, 2010 at 3:00 pm
CROWNZAUCER IS JEALOUS!
HE WAS PROBABLY BANNED FROM GENIUS FUNDS!! THAT’S WHY HE CRIES SO MUCH
YAAAY GENIUS FUNDS!
Comment By: crownzaucer
March 7th, 2010 at 3:39 pm
LOL you wish I was stupid enough to have been in genius funds. but sorry Gf lover boy, my IQ isn’t in your low category, so you can go off and try finding other ways to make yourself feel better. and when genius funds flies off with all your money don’t you dare come back here and bitch to me about how unfair life and hyips are and expect some pity. i’ll just laugh at you.
Comment By: Ty
March 8th, 2010 at 7:09 pm
Genius Fund cheerleaders who know H.Y.I.P. history are shaking in their boots though they may not want to admit it. They know as well as anyone who has walked the walk that no investment opp advertised by e commerce as primary marketing interests live on very long after the government starts turning on red lights. I know not all of you may live in Canada or even the United States but hear me when I say it doesn’t matter where you are right now. Genius Fund is now going to find itself trying to jump over steel roadblocks and their invested interests will grow thin quickly. This scam has always had a countdown and its getting close to zero.
Use your head Genius Fund investors. Cheerleaders will always continue to feed you bullcrap by the spoonload so go through your own reasoning and you’ll see that Genius Fund is about to turn into a monumentous H.Y.I.P. train wreak.
Comment By: Addy
March 9th, 2010 at 1:29 pm
I wonder if most of these people leaving comments here have really had the experience of making or loosing money with G.F. I could only say that so far so good with G. F. My husband has been able to withdraw his money earned from G.F. We got screen shots from G.F and our bank ACCT. which proves the true facts.
Like I said, so far so good, and if G.F should go down, we have already recover our investments and some more. I think people should get a little educated about how, where, and when to invest and take your money out. People who don’t take the risk, will never know about success.
Leave a comment here if you would like to contact me.
Comment By: Jordan II
March 10th, 2010 at 1:13 am
Pardon my cutesy pun but it doesnt take a genius to tell that something stinks about geniusfunds.
I’m no milionaire or money makin guru but when the only evidence that supports a website paying people through these libertyreserve or solidtrustpay companies is a cult of frolickers who have received a couple payments… haah.. no thanks.
Comment By: MindBender
March 10th, 2010 at 3:31 am
Genius Funds is most certainly real. You need to look up the definition of a ponzi before making false claims. In a ponzi scheme the people at the top are the ones making the money. With Genius Funds, the people at the bottom can also make money. This is a legitimate and sound investment opportunity that isn’t going anywhere.
Comment By: MindBender
March 10th, 2010 at 3:41 am
Genius Funds does exactly what a bank does. They invest your money just like banks do. Then they pay you interest on your money from the money they made by investing. If you think that Genius Funds is a ponzi then you are actually saying that Banks are operating as ponzis. That is ludacris. At least Genius Funds pays you a healthy interest rate while a Bank pays you a very poor interest rate. Who is the real scammer? You guessed it, the Banks…
Comment By: crownzaucer
March 10th, 2010 at 4:26 am
MindBender, you are so clueless and uneducated I couldn’t help but laugh hysterically after reading your stupid statements. what you described just there is a PYRAMID SCHEME, not a ponzi scheme. There is no top or bottom in genius funds, just a bunch of promises of big returns. they pretend to offer investments and pay old people out through the newest investors money. THAT is a ponzi scheme.
Genius funds is not a bank, they do not invest in banks and they do not have any other real investments. call me wrong? THEN PROVE IT big mouth! because if they were real they’d make sure to do what any half witted investment company would do and that is register their investments. if they were investing money, the canadian government wouldn’t be hounding genius funds ass right now! oh let me guess? you missed that part didn’t you, cheer boy?
Out of all of the stupid genius fund cheerleader nonsense we’ve had to read this far I think you take the gold prize in the genius fund moron olympics. congrats. it’s a very hard medal to win as we’ve seen a lot of competition.
Comment By: GF Investor
March 10th, 2010 at 9:46 pm
Hi guys
Read through this all, just moved cash into GF last week. I am new to online HYIP’s and Ponzi scams so I have a couple questions.
1- what is the average life of a Ponzi scam? please provde verifiable proof, cause hearsay is something i have not trusted for years.
2- How long afte hits to the website do they die? Again proof, makes an arguement stronger, doesnt it?
3- What kind of country is cyprus i.e how corrupt etc is it? this will be a big indicator on the chances of it being a ponzi scam. if cyprus is an old stable low corruption etc country then mayhap it is legit.
You pro GF guys and anti-gf guys could you please explain, because lets say it has been *exposed* now so if the average life of a ponzi after exposure is two months then we just have to wait. If I lose my cash it will be a lesson learned and ill be wary next time, but if it isnt then ive made a great move.
Now if it is a ponzi i will abhor the money I make on it and withdraw asap, once my waiting period is over. But if it isnt which this BC incident could prove or disprove, then ill happily stay in.
Now im assuming we are all adults and im just asking for information that will take you fine folks minutes to find, where it will sadly take me hours.
If Ryz or Facundo wish to contact me direct please use Muscle_Cars_Rock@Hotmail.com, and title it GF Investments.
Thank you all for your time and resources
Sincerely
Me
Comment By: Mr. Ryz
March 11th, 2010 at 12:51 am
Hello GF Investor,
You are a refreshing change from the average Genius Funds supporters that are blindfolded by their own emotional barriers. I commend you for approaching this situation with an open mind and will therefore address your questions.
1. Ponzi schemes can be developed in various forms with vast differences in lifespans. Some of these scams only last for a brief period of 1-2 weeks, while others last for decades (e.g. Bernard Madoff). Genius Funds fits the long-term HYIP mold and you can read more about HYIP distinctions on our explanation page here:
http://www.ponzischemealert.com/HYIPs.html
2. I’m not entirely sure what you are asking in this question; however, by examining traffic growth from previously failed programs operating as a ponzi scheme, you will find the exponential effect as a repeated theme. The link listed in (#1) will give you some examples in HYIP history that you can independently investigate for yourself.
3. I am familiar with certain e-mail scams originating from Cyprus, but other than that, I am not aware of any other specific connotations or major horror stories that would place it on “high alert.” I can tell you, however, that failure to comply with SEC regulation and similar authorities in Canada (see BCSC link: http://www.bcsc.bc.ca/release.aspx?id=9678) in terms of proper security registration will eventually damage Genius Funds’ credibility to catastrophic levels, even if (1. they are located in Cyprus, and (2. we are assuming they invested into any real assets (which I have absolutely no reason to believe they have or will in the future).
As you continue to approach this with an open mind and/or as a financially sound decision maker, you’ll soon discover that a mature investor would never even think about placing his money with an unverifiable company or program offering ridiculous rates of returns based on suspicious assets with absolutely no proof of legitimacy. I won’t even go into any long speeches about measuring risk through comparisons of income statements and audited performance records (5 – 10 yrs averages for comparison in standard practice). The “program” or “website” that is “Genius Funds” is an absolute joke to any sophisticated investor; in professional eyes, it couldn’t be classified as anything more than a gambler’s square.
However, beware of “cheerleaders” for Genius Funds and similar programs. The naive participant in such a program believes that the simple act of receiving payments from the administrator or operator implies that the program is legitimate. This is completely false, as all ponzi schemes pay for some period of time in an attempt to attract new investors and keep the program alive as long as possible. Obviously, without “I got paid” testimonies, ponzi schemes wouldn’t survive very long.
Good luck in your quest to learn the truth, as it’s a journey I once completed long ago. Congratulations on seeing past the hype and emotional nonsense that often appeals to participants’ greedy desires that fuel these crafty HYIP ponzi schemes.
- Mr. Ryz
Comment By: CashBank
March 11th, 2010 at 2:43 am
I’ve read it all. I’m not going to say who’s wrong or who’s right as to whether GeniusFunds is a scam or a ponzi or whether it’s a legitimate business… I duduce the former actually.
However, taking due dilligence and common sense in hand when speaking of this ‘debate’ is everyone has to realize that nothing good last forever. Ponzi schemes have been around for a long time and they are not going anywhere as long as there are international barriers.. meaning, countries that condone activities like the ones GeniusFunds proports to, they’re here to stay.
Everyone here is going back and forth… the cheer leaders, the hyip bashers.. for what? Educating people on how to spend their money? If you want to spend $100 on a watch that tells time that’s cool. You want to throw it in a web site that claims to be legitimate and can make you rich? Whatever.
Look at all the eBay business and bull s*** ‘Get Rich’ commercials on TV now adays… we’re in a recession.. everyone is looking for an escape goat, HYIP’s are the perfect choice, esp for those who know nothing about the stock market and how to trade.
HYIPs (ponzis) are all about timing, you can make alot of money in them if you educate your selves about everything surrounding them. GeniusFunds is legal according to Cyprus, their country condones what their doing.. probably why they chose to start the company there in the first place. So there’s nothing anyone can do about it but Cyprus and their authories to look into it.
I don’t understand why people on here go so out of there way to bash people who think GeniusFunds is the greatest thing since sliced bread… who cares? It’s their money. The bashers never invested a penny into it but want to shine their intillect on the uneducated and belittle them, for what? Isn’t world peace or grean house gases more of a concern for y’all? Please.
Fortunately, I grew up my whole life with a green thumb and always learned how to make money… regardless the situation. I make alot in the stock market everyday and companies like GeniusFunds make me chuckle at the investment level of things but at the same time… it can be very profitable if you have money to blow.
I threw $20,000+ into it back in November 2008 along with a few others and have made $125,000.00+ in all of them. It’s all about timing and GeniusFunds is no exception to this rule.
Don’t listen to anyone about what to do with your money. Just remember, nothing good last forever, regardless of how legitimate it may be or not or how many people are getting paid.
Look at these two definitions:
Gamble /ˈgæmbəl/ Show Spelled [gam-buhl] Show IPA verb,-bled, -bling, noun
–verb (used without object)
1.to stake or risk money, or anything of value, on the outcome of something involving chance: to gamble on a toss of the dice.
Invest /ɪnˈvɛst/ Show Spelled[in-vest] Show IPA
–verb (used with object)
1.to put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value.
Not much of a difference is there?
Since I don’t just talk without backing up my statements, here’s a screenshot of my GeniusFunds account for you all to see:
http://i41.tinypic.com/2i73k2r.jpg
direct link: http://i41.tinypic.com/2i73k2r.jpg
Is wasn’t luck that I made over $125,000+ … I just knew what to do at the right time. Do whatever you want with your money, to hell with what anyone on here says. Atleast it’s you’re decision to risk it or make a gain.
Kind Regards,
CashBank
Comment By: Ponzi CHAMP
March 11th, 2010 at 4:35 am
Cashbank, to my knowledge, ponzis aren’t legal in any country of the world and that includes Cyprus. Just because Cyprus authorities haven’t taken down GF yet doesn’t mean it’s legal there. It could mean that the ponzi founders of GF chose Cyprus because the enforcement of law is a joke. Not sure. Very big possibility though.
For that matter though has anyone looked into that? Can anyone prove that GF has an offce there? The whole Cyprus thing could be a hoax. Cheer leaders aren’t the best when it comes to real research and when some of them brag about the Cyprus location I have doubts they’ve even looked into it.
You talk about gambling and investing and I also think they are very similar but there’s an issue with ponzis that throws open a rather nasty pandora’s box. Ponzis are just thievery and greed if you ask me.
Why are ponzis illegal in the first place? Why do ponzi admins get thrown into prison if caught? Because they are deceptive money laundering activities. Would be investors are fed a plate of lies. That’s the only reason they invest. These people are told their money is being invested and it’s not. Pure lies.
It becomes an issue of right and wrong. Some of these Hyip players seem to think its right or at least okay to try to play these games in hopes of receiving money that is stolen by other investors down the line. I’ll never understand how some people find that excusable. Trying to make money off something so destructive by a fine line in wrong. I don’t think there’s any question about it.
Ponzi players don’t see that because they’re greedy and selfish and most cheer leaders deny it knowing full well that without ignorant losers believing lies and walking into bear traps, they wouldn’t make money. Yet that’s the world we live in. What aren’t people willing to do to get ahead or make money these days?
It’s depressing but it’s become the average mentality. Very sad truth of our age.
Comment By: Ponzi CHAMP
March 11th, 2010 at 4:48 am
Mr.Ryz, you have very good points as usual there. I actually feel the location being Cyprus should be one the least of our concerns since ponzis pop up everywhere. Con artists run to different countries of all sorts to introduce their scam to the wwweb and since con artists live around the world, for all we know the scammers who run Genius funds may actually live in Cyprus. You never really know that.
I do see that the BCSC referred to Genius as a Cyprus based company but other than that it’s still quite the mystery. The securities investigation won’t be too rough since they’re going to find that nothing existed this whole time except smoke and mirrors.
Keep watching for updates. If people have already capped out 6figure returns on this scam its grown to be a much larger scale ponzi and many nations governments are going to want to shut this thing down whenever possible. Imagine how many will lose already.
Comment By: APj
March 13th, 2010 at 10:28 pm
”
HTTP – 502 Bad Gateway
The page you are attempting to load returned an error.”
genius funds website not showing up w 502 error . Not looking good ;(
Comment By: Disapointed
March 14th, 2010 at 12:23 am
See this:
http://www.checkupdown.com/status/E502.html
what it is this error
Comment By: APj
March 14th, 2010 at 4:12 am
Now I am getting white screen w just 502 error displayed bold. G F server having trouble ? Doesn t this mean problems are on G F side?
I m getting frusttrated with this
Comment By: crownzaucer
March 14th, 2010 at 3:31 pm
It looks like the genius funds ending has begun. the site has been gone for more than 1 day with no explanation. sounds like a lot of people made their money back and never bothered to cash anything out. they’re really going to regret that one now. this thing is history.
R.I.P. genius funds!!
Comment By: I like uninformed ones...
March 14th, 2010 at 4:05 pm
crownzaucer
Genius published that they are moving the site to a new server. You should have checked it on twitter before making such panic…
Comment By: Ponzi CHAMP
March 14th, 2010 at 4:44 pm
Crownzaucer, Genius Funds has gone offline temporarily before. One day the site is going to go down and never return while the remaining funds will be wisked away by the scammers running this ponzi, but just because it’s been down for a day doesn’t mean we should mark their grave stone just yet.
I don’t follow this nonsense on twitter or anything but I think I might as well point out that changing servers is one of the most popular ponzi admin excuses of all time right before these scams end. If we don’t see any Genius Funds websites returning very soon, your farewell may have been appropriate after all. Let’s just wait and see.
Comment By: HyiSunn
March 15th, 2010 at 1:31 am
This should not be surprise to any one
How did so many people believe in this??!
They aren’t even real company and they just credit acccount without showing earnigns
People are so fools in this world
Learn to show yourself real investing or you will always lose!!!!!!
Comment By: GF Investor
March 15th, 2010 at 8:17 am
Looks like I have learnt a hard lesson here, serves me right though. Time to lock my wounds and move on
Comment By: WWjean
March 15th, 2010 at 2:23 pm
Now even the Cyprus S.E.C. is warning that Genius Funds is a phony.
http://www.cysec.gov.cy/warnings_en.aspx
Go to that site and view the March 3 2010 publication to read it for yourself.
The website is still down and the truth about Genius Funds is being spread across national security commissions.
This scam is over and I do not expect anyone that had investments in Genius Funds to recover them.
Comment By: RG
March 16th, 2010 at 5:24 pm
The publication I see was on the 11th. Right about the time the whole thing came down. The “Death Blow” you might say. How can they continue when Cyprus says “Wait a sec.”. My question is, Where has the Cyprus SEC been all this time? They must have know about Genius before now. Good thing BC Canada is doing their job for them.
Comment By: crownzaucer
March 17th, 2010 at 12:48 am
Yessir, Genius funds has officially died. the site has been down for 4 days with no update. looks like the scammers packed up their bags and ran like hell. no surprise there, that’s how these ponzi scams meet their end unless the gov’t tackles them first.
For months we sure had a lot of idiots coming here to cheer this thing on without any clue what they were talking about. LOL let’s see if some of those old cheerleaders have the balls to come back here and admit their stupid mistakes. since most hyip junkies are cowards that like to move to new scams quickly I have some doubts.
Comment By: Ken
March 17th, 2010 at 2:00 am
Crownyacker
why do you have to turn this into an ” I was right” game? I think some people here cared about investors not losing money in scams and that’s why they posted here. BUT YOU ARE NOT ONE OF THOSE PEOPLE CROWNY!!!
Get off that high horse of your s and stop making the situation more miserable than it already is for us. Some lost over $ 10000 and all you care about is being right. So you rub it in their faces. Thats low.
Comment By: M. J. Ross
March 17th, 2010 at 9:40 am
It appears the lesson really is this: If you play ponzi type programs, get in early, get your seed money out, take some profit, and at some point when you are very nervous, run like hell with the remaining profit. If you don’t, the scammers will get you.
Comment By: crownzaucer
March 17th, 2010 at 11:04 am
Ken, get bent! you don’t know me and if you had spent just a little time reading the past hundred something comments you’d see i’m referring to all the arrogant cheerleading idiots that came here and starting calling us names because we weren’t praising this stupid scam. i have no sympathy for those kinds of irrational people. if they lost money here, they got what they deserved.
What’s really wrong here Ken? did I hit a nerve? did you lose $10,000? because i’m not going to help you host a pity party about it. investing in this crap was your decision and now you must face the consequences.
Comment By: crownzaucer
March 17th, 2010 at 11:14 am
MJ Ross, well the lesson that people SHOULD be taking away from this is that playing in hyip ponzi scams is a foolish gamble and they’d be better off spending their time and money on something more realistic. the people that play these scams and profit are only helping scammers thrive online. but people are so damn lazy to teach themselves real investing these days that they do everything they can to justify dicking around in ponzi scams. its so pathetic.
Comment By: Xou Her
March 17th, 2010 at 1:27 pm
Wow! I was thinking about looking into Genius Fund since I heard so much about it. I was actually trying to go to the main site and have a look into it, to see how it works. But somehow I just kept seeing a empty page, broken link I suppose. Well in my opinion, only my opinion and has done it before too. Is if you are going to invest into HYIP, there is a couple ways you can make money with them. When the company start out they want people to trust them so the people will invest more money into it. I said a average HYIP stay around for 6months. Now that’s how you make money don’t invest too much but I’ll said a few hundreds only, only what you can afford to lose. Now once you get your first return then BINGO leave and never come back, because you just make a profit. That’s the only way I can see how you can make money with HYIP. Because they are scam. NEVER invest into a HYIP that has been in business longer then 4 months because that’s when they are getting ready to RUN AWAY with everyone’s hard earn money. I am so sorry for everyone in GF lost, as I know with past experience how bad it feel and upsetting it is to be scam and lose all your money into a busines. But just keep moving forward and don’t give up on yourself and you’ll find a real way and business out there to make money online.
My Best Regards
Comment By: Chris
March 17th, 2010 at 10:52 pm
The folks who got me into genius and the man that got them in still think it’s coming back real soon.. They haven’t seen enough scams to know the signs .. I guess.
I was thinking allalong this was another Hyip site but everyone around me kept saying such good things. I will be trusting my own judgment next time.. not those around me.
Comment By: crownzaucer
March 19th, 2010 at 11:10 pm
Don’t forget dumbass Brad Kamanski who pimped genius funds on his blog and made people lose a LOT OF MONEY just like he did with cash tanker! now that all his ponzi scams are dead he’s pimping a bunch of illegal cash gifting chain mail shit. DO NOT JOIN THIS IDIOT IN ANYTHING HE PROMOTES!! you will lose your money!
Comment By: BillyBobJoe
March 21st, 2010 at 2:25 pm
It can still come back.
Comment By: X
March 21st, 2010 at 5:38 pm
It can but it wont probaly. It doesn’t take this long to change servers or whatever G F said it was doing.
I think we have been scamed.
If so I lost $500 and not happy. I feel kind of dumb.
Comment By: crownzaucer
March 21st, 2010 at 6:33 pm
Why would genius funds come back? lol. it was a ponzi scam and the site has been down for over a week now with no good reasons. this thing is dead and whoever the scumbag that was running this ponzi is i’m sure he intends to keep the money that was left over.
You can keep dreaming about going on your computer one day, typing in genius funds. com and seeing the website back in full action but it’s not going to change the truth about what’s really going on. i would just think you’re going to get yourselves all excited for nothing, so you’re better off accepting what happens to these hyip ponzis. THEY ALL DIE.
Comment By: Fuzz
March 22nd, 2010 at 3:35 am
According to my browser GeniusFunds site does not even exist anymore. Can any investors access anything? I hate to agree with the rest but I must. We have been scammed. I trusted the wrong people. Always listen to that little voice in your head that tells you when something smells fishy. I’m out a couple 100$ and allmost recovered my whole investment. I won’t gripe about it too much though. I know someone who had to have lost over 5000 $s. :{ :{
Comment By: CashBank
March 22nd, 2010 at 6:10 am
I made $130K from $20K. (Scroll up for a screenshot of it.)
Gambling and Investing are not far away from the borderline.
HYIPs are very profitable… casinos, ehhhh … like the lotto.
Just because you lost money in GF… don’t give up! Get in early and never compound! That’s for idiots!
I knew GF would shut down the day I made my $20K investment… WHEN was what made the difference between me making $130K or losing $20K.
Kind Regards,
CashBank
Comment By: almah
March 22nd, 2010 at 8:50 am
report Genius Funds to http://www.ic3.gov supervision on internet crime by the FBI.
Comment By: crownzaucer
March 22nd, 2010 at 4:03 pm
While you’re at it, report this CashBank jerk too. $130 K in GF huh? here’s a quick clue, asshole, people who make that kind of money in these pathetic scams are the first in line for government lawsuits. you’ve just admitted to placing your money with an illegal ponzi scheme and since you have made very large profits, you can face several criminal penalties.
I’ll be reporting this shameless prick and all the rest of you in GF should do the same. the screenshot is saved an will be included. i can’t believe this guy has the audacity to tell people to keep playing these unethical schemes of theft and greed.
Comment By: almah
March 22nd, 2010 at 5:17 pm
Ponzi or pyramid schemes are investment scams in which investors are promised abnormally high profits on their investments. No investment is actually made. Early investors are paid returns with the investment money received from the later investors. The system usually collapses. The later investors do not receive dividends and lose their initial investment.
If you believe you may have fallen victim to this type of scam and wish to report it, please file a complaint with us.
http://www.ic3.gov/complaint/default.aspx
Comment By: crownzaucer
March 23rd, 2010 at 4:20 pm
Yessir almah! everyone who has lost money with genius funds should be making a complaint through the IC3 gov site. if you don’t report this scam you’re just going to encourage these scumbags to go through the whole ponzi process and scam more people all over again!
Report genius funds NOW!!!
http://www.ic3.gov/complaint/default.aspx
Comment By: goodbye Gf
March 29th, 2010 at 4:36 am
It was a good run while it lasted, I never expected it to last forever and knew it wasn’t likely to. The site has vanished for too long, and I know what that means, now. I’ve said my goodbyes to Gf and moved on. What else can you do?
Comment By: sceptre
April 6th, 2010 at 5:00 pm
Okay folks, here is how these guys operate…..THINK before you leap in the future.
Dear Invex Ltd. Players,
This is a long message and will be the last news you will hear from us… until we open our next HYIP
We want, kindly, recommend you stop losing your time by looking after us. Anyway, for the cyber detectives, here is how we worked.
1- The basis is having 100% false ID documents. For $200 you get a really nice looking pack of documents, even nicer than legal ones
2- We rented a nice apartment with fast internet in a nice city near the sea, with false documents. We then bought a new desktop computer and a new laptop, installed some fresh programs.
3- We opened a bank account with false documents, put some cash on the account, and got a nice true debit card.
4- We opened e-gold accounts and funded them from the bank account above.
5- A bit later we opened e-bullion accounts, funded by… you, idiots who “invested”
OK? Now we have e-gold, internet, a place to sleep, eat etc, all without possibility to track us. A major question was “Must we open a real company”.
We decided that NO, as people are so stupid that they believe all what they read. And you know what? It is true Invex Ltd. and Lomax Group Corp. are pure fantasy
Okay, let’s go to work now!
1- Opening a domain name and booking a server at the Katz global scammers’ best place, paying with e-gold.
2- Later, booking a dedicated server and paying with… the debit card coming from the bank account above
3- Renting Prolexic, and paying them by bank transfers from…. an e-gold exchanger The gold came from YOU idiots who “invested” !
To spe******ts who want to track us by the IP addresses, we kindly recommend you to use Google and look at JAP, Freenet, I2P, TORR, etc.
You will understand that our IP come from anywhere in the world, being chained between servers who cannot track them.
And even if so, the last IP address, the place where we lived, was this nice apartment near the sea, that we left some weeks ago Oh, the computers were given to a charity, after the hard disks were physically deleted
Other pros say “Let’s track the money”! Great idea, but don’t forget that even the bastard Muslim terrorists cannot be tracked by the special services
How did we withdraw all your nice donations? That’s easy, thanks to mygcard who supplied us hundreds of anonymous debit cards that our friends and us used in various countries! Alain Vignard from mygcard
received $20.000 cash in hands for helping us to find the ATM with no “$800/day limits”, and telling us how to use the cards at the best. Well, Alain tried to scam us later, but that is another story.
We also used bank transfers from the best exchangers, who have no problem at all sending $100,000 or $200,000 every 3 days to bank accounts in Panama, the BVI, etc. Nice offshore places outside the EU and the US
Track the money there, dear friends!
Oh, about exchangers, we worked with one of them from Australia, and where a bit afraid at the beginning, as he wrote on his website that he “verifies ALL data” from his clients. LOL! His fee is 2%, we kindly offered him 2% more “to preserve our privacy” Look at our dialogue by email:
- HIM: 2% more is a good offer, but is your gold clean? We don’t want to work with scammers.
- US: Of course, what are you thinking? We are honest businessmen and just want to keep a low profile.
- HIM: OK, I can see you are not scammers, just send me the gold and 4% fee instead of the regular 2%.
Thank you mister G.))
As I am in a very good mood, I will also explain you something: Most of the biggest HYIP are run by us, a professional team. And when other scammers try to enter our market, BING! If they are interesting people we try to buy them, if not DDOS attacks make them shutdown To be sure our rating is the best one, we also pay the admins of a few monitoring programs, including the biggest and “most reliable” (LOOOOL) one!
Our business is to make money. We use 20% of the money we get to help poor and disabled people around each of us, 20% other is given to some “political” associations that fight against ISLAM (Hey guys from the
Emirates, Bahrain, Kuwait, etc etc, did you read this? THANK YOU and the balance is for us.
We have currently a dozen of HYIP running, are going to close some of them, and of course to open new ones! We are working like this since a few years, and all is working fine!
But you know it IS possible to make profit from HYIP: Just do it QUICKLY!
Look:*********@BellSouth. Net made $6,580 profit with us; including the commissions they got by sending YOU IDIOTS, to Invex. These people are really scumbags: They are making profit by making you lose!
As a clever guy told in some forum, “there were no guarantees, so no need to cry”. YEP! We NEVER gave any guarantee to ANYBODY (unless Titanium plans, and you should notice that THESE guys do NOT cry on your forum, try to guess why…!), we even recommended those who ask for guarantees to go to their local bank They didn’t? THEIR CHOICE!
When reading your forum and others, we really laugh! So, most of you were already scammed by other HYIP? By our HYIP maybe anyway, it seems that you don’t understand what a teenager is able to understand! So, you
continue to “invest” here and there, and that is good… FOR US! For you, I am not sure When I see a GREAT SPE******T, the “Andrewunknown”, proudly saying that he lost $40,000 into Invex but that he will recover from other HYIP, WE ARE LAUGHING, FALLING FROM OUR CHAIRS )))) Moreover in his list of “no ponzi”, LOL, some of them are from us ))))
Now some personal messages:
- ******@gmail.com threatened us to send “the FBI and the CIA against us” ) better you keep your energy to work and recover your $600 ONLY that you sent us, than saying such BS )))
- “AROBASE”, “LUCIEN”, “IGOR”: YOU will be refunded partially, we contacted you some hours ago.
- “vanderschalk-group” is a clever guy: He made about $45k profit from Invex – “ANATOLI” is the best one: he made about $170k profit from Invex, even
with what we kept from him when we closed!
- lewisfargo, caro, anhvn06, ydna, janhkok, profitondemand, HIPsyD, promax, brewmanau, adtype13sg, , Johnnyslide, etc etc are also in big profit (Between $10k and $50k) from Invex.
Feel free to find and contact them to ask to share))
Well that’s all, folks! We are anyway in touch with a few of you through other HYIP, under other names of course! Good luck
Shalom!
Renaud, Kathy, Oliver, David.
Comment By: SEO
May 12th, 2010 at 3:32 pm
great information you write it very clean. I am very lucky to get this tips from you.
Comment By: Yielman
May 13th, 2010 at 2:32 am
This is all very messed up.. many who talked up GeniusFunds were full of it and should have kept their mouths shut. I had never even heard of internet high-yield until GeniusFunds.. I got emails went to forums and read what people were saying here about it paying them so much money. I tried to research and found many good things about Genius….. too good to be true after all.
I’m disappointed in myself for falling for it.. just never heard of anything like high-yield offers so didn’t know who to believe..
Where is Facundo or Annoyed or anyone who was posting in defense of GeniusFund?? Did you really believe it?
You really need to take more responsibility for what you say.. these high-yield offers aren’t as lovely as the picture you painted. It was my first time and I had a hard time believing it even.. I’ll bet you all made money too. Ridiculous.
Comment By: crownzaucer
May 21st, 2010 at 3:04 pm
There are people who STILL THINK genius funds is going to magically appear and start paying them. i’ll never understand what goes through the minds of dense ponzi cheerleaders.