Hi guys !
With a good week of delay ( lol..how lazy..), it is time to spend some words about the last news coming from WBwso:
Closed for new Members.
As of today WBwso is closed for new members and will not accept new sign-ups. We are very pleased with the member base we now have and feel that it is large enough to reach our goals and at the same time small enough to maintain. WBwso has always had an estimated limit in the amount of members we could accept and we now feel that we have reached this point. During the summer and especially during the last 10 days we have seen some delays in replying to support tickets due to shortage of support staff. We will now focus on speeding up this to its more normal 12-24 hours reply time and at the same time increase the information flow to the current active members. Please add the email address news@wbwso.com to your safe list to make sure you receive future updates and news letters correctly. We thank all the members who has helped us promote WBwso and made it to the success it is today; a quickly growing domain and website administrator with a 5 figure domain portfolio in administration!
So basically, not accepting new members anymore, they are going private. Something that makes me think “Mmmmhhhh..”.
Sounds familiar ? Everytime we heard such news before “strangely” the program scammed not so long later..For the obvious reason that a Ponzi CAN’T go private, being based on the steady input of fresh new money. Unless it’s a trick to send this message to existing members:” you see, we don’t need fresh money because we aren’t a Ponzi. So invest more with us !”. Possible..
So very soon we’ll know if WBwso is that kind of program or there’s something “real” behind.
I don’t really know the answer, but can analize some facts:
- their Alexa ranking has been going up and up in the last few months. It is 19,127 as of today, with a + 17% in last 3 months. This growth is probably due to their being the only “born in 2008″ program still alive.
- they are stil paying, not a minor fact !
- quote from their news “5 figure domain portfolio”. Mmmmhhh, I think they should have more to eventually honour the 3 years compounded plans ( long way to go yet..).
- They have been surrounded by many rumors lately. Long story indeed. If you wish to have a nice read about this here is a very helpful link http://www.moneymakergroup.com/index.php?s=&showtopic=237199&view=findpost&p=6120484
My verdict: facts will soon be disclosed with Wbwso. If they go on regularly paying for 3/4 months yet then things could look good for 2011 too.
If not..Keep your eyes wide open on it !
Sadly Eigeline didn’t confirm the potential to become a “Big Thing” and last very long. As many programs during the low august time they kindly scammed..
The program is no more paying and the site seems to be gone too.
Never give up, we will find the next giant !
Hi pals !
Ritish, the admin of AMF1989, has released another couple of videos showing his activity.
Lol, he’s as active as Bolliwood studios ! I’m just joking of course, however I like this “open” way for an online company that really looks so far from the usual hyips we’ve got used to.
Here’s the full compilation
3 http://www.youtube.com/watch?v=jrX2IGxOV_U The other farm we have we will follow up in a week to show the progress of setup
Wow, very quick issue between the nicely performing Eigeline and the top “account freezer” Alertpay.
First:
26 July 2010
Alertpay is no longer accepted.
On friday we received the following from AlertPay: “We had to put a temporary hold on your AlertPay account for security reasons. Please contact customer support to have this hold removed”.
We`ve sent 2 tickets and also called them but still no reply and no actions from the Administration of AlertPay. But 1 hour ago we talked with their support and the answer was that 2 of our accounts were put on a temporary hold for the fraud payments made by our clients thought the API on eigeline.com.
Due to the situation we no longer accept Alert Pay and the only way to pay our clients that have invested their money with AlertPay is to convert such accounts into Liberty Reserve. We ask you to place a request through our support service, so our team of technical specialists could transfer your deposits to LibertyReserve payment system.
And we also recommend not to use AlertPay in the future to avoid money loss.
And only 24 hours later:
27 July 2010
Alertpay is back!
We are glad to announce that after prolonged negotiations AlertPay has unlocked our accounts!
So we will bring back this payment system on Eigeline Network. We would like to thank the support team of AlertPay, especially Bill and Omar.
Be aware of thieves and hackers and check the transactions throught your credit card carefully.
Good luck everyone and we apologize for the inconvenience.
This is the first time that I see such a quick “happy end” of a hyip having troubles with Alertpay !
Just for a “news service” I have some updates about Sportabs.
The site is back online, this is already a news, but of course no trace of payments ( the last one goes back to March 24, 4 months ago….) and of the phantomatic debit cards..
Nevertheless they found the time to produce a new video for their 1st anniversary ! Very nice and fascinating indeed, but the paid actors forget to say that they are no more paying..Just a little detail of course..
They have accused for all their problems Perfect Money and you, the bad investors that think that they are scammers..:
The panic
Dear investors,
Our company does its best to enable you to withdraw your money from the corporate debit cards of SportArbs International Corp. Unfortunately, many of our partners delay the fulfillment of their obligations because of our investors. Many of our investors began to panic and to do some rash acts like contacting police and other authorities. It makes some problems to us and to our partners. It’s very difficult to work under such conditions.
We have to go out of this vicious cycle. Otherwise, the reform may take much more time. First of all, the investors should determine what they actually want:
- to have a splendid opportunity to invest their money,
- to lose their time and to get nothing but shady satisfaction.
For example, the result of panic was locking of our accounts in Perfect Money payment system. These accounts contained the major part of our stabilization fund required for reform implementation. We negotiate with Perfect Money on this issue and we expect to publish the results of these negotiations soon for public view.
If you have accounts made via Perfect Money, we recommend you to contact Perfect Money for explanations why the accounts of SportArbs International are locked.
We will start verification of investors in the near future.
In these conditions of constantly arising problems and locking of stabilization fund by Perfect Money, we suffer from insufficiency of funds to complete the reform. We can’t use turnover money, as it’s no good to inflate the amount of unsecured dividends. In this regard, we connected the Liberty Reserve to our payment interface and we hope to accelerate the process of reformation by means of new investors.
We hope for your understanding and we count on your support in prevention of panic.
Faithfully yours,
SportArbs International Corp.
About this it is interesting the point of view of Perfect Money:
Hello,
This is to address the “information” that Sportabs has been spreading lately.
Perfect Money has terminated the Sportarbs account due to an obvious fraudulent scheme utilized by Sportarbs. While the account of Sportarbs had a significant balance; its own customers remained unpaid. Slightly later, the funds have been withdrawn to a bank account. All of this happened before the Sportarbs account has been blocked.
Perfect Money has blocked the account once it was clear that Sportabs are withdrawing the funds to their own bank account, instead of paying to the customers. This company knew about their obligations to the clients, yet they chose to avoid paying.
At this point the account of SportAbs is empty, as almost all the funds have been withdrawn a month prior to the account termination. The remaining balance has been refunded according to the date and time when the money was transferred to the account.
Perfect Money Finance Corp. has fulfilled all of its obligations before Sportarbs.
All Sportarbs’s bank transfer withrawal requests have been fulfilled and
we are in possession of all necessary documentation in that respect.
There is no outstanding obligations to Sportarbs on our part.
Sportarbs’s bank account:
Sportarbs International Corporation
Corner Eyre and Hutson St. Suite 102
Belize City, Belize
Bank account number: CY18011000121325000919619115
USB Bank PLC (SWIFT:UNVKCY2N)
Nicosia
Cyprus
The purpose of “information” that is being spread by Sportabs is to disorient you and hide its tracks from you, their own clients. At the same time, we at Perfect Money, have taken all possible measures to minimize your losses.
We recommend you to contact authorities as soon as possible on this matter. Perfect Money will assist the international and national law enforcement agencies to bring this matter to justice.
It looks like Sportabs intend to continue attracting new funds and new clients. Chances that they will fulfill their obligations are illusionary at best, particularly before the new clients. Please bring this information to attention of your compliances.
Best Regards,
–
Perfect Money Finance Corp.
Republic of Panama
Company No. 596918
License No. 1267339-1-596918-2008-105548
Edif. Neptuno, Local #7
Via Ricardo J Alfaro, Tumba Muerto
Ciudad de Panama
Republica de Panama
Tel: +(507) 202-1553
Fax: +(507) 996-3177
PR department
Perfect Money
Oh, how strange..Very simply they have cashed out all our money and stolen it..Straight and simple..And are still there to look for new chickens to fry. Disgusting..
Hi beautiful people !
I made some changes about Vintech-inc.
Originally I had considered them as a quick bet, in the pure “hit and run” strategy. But considering that they are performing quite well there’s a chance that they run could be quite long and fly well over the summer season.
Many think that behind them there are the same guys of the dead Verifield. Ready to sign for this possibility if the lifetime will be the same !
So I consider them as a standard hyip right now.
Basically I like their Test Plan,where you need to make a deposit ranging from $10 to $200. The daily (during business days only) interest rate is 1%. The deposit period lasts 50 days. At the end of the deposit period, the principal can be withdrawn or reinvested.
I already made a full first cycle and hope for many more lol !
Hi there !
I want to publish a reply that WBwso sent to a contact of mine ( thanks to Randy for forwarding it to me ! ) regarding their issues with the FSA rules:
We recently stop the internal transfer function since this was in breach of FSA rules (we could be seen as a payment processor and for that we do not have a license).
We are also working on removing the “add funds to account” and all purchases will have to be made direct via the payment processor since this is also one thing we are in breach with the FSA regulations.
We are in contact with the FSA regarding this, and buying-selling-administrating webites and domains is not a regualted service, so it is a matter of removing the functions that make us breach the rules. This is in progress.# Also you can check directly with the goverments own website that we are correctly registered, companieshouse.gov.uk, use the webcheck function and search for WBwso Ltd.
Hi guys !
I wanted to make a point of the situation about WBwso, one of the oldest program still online ( they launched in November 2008 ).
The first good news is that they are currently always paying, and this is obviously ok !
But some weeks ago some rumors started to spread around the web, namely a warning coming from the UK Financial Services Authority (FSA): http://www.fsa.gov.uk/pages/Doing/Regulate…w/pdf/wbwso.pdf
Financial Services Authority
ALERT
The Financial Services Authority (FSA) has today published this statement in order to warn investors against dealing with unauthorised firms.
The purpose of this statement is to advise members of the public that
is not authorised under the Financial Services and Markets Act 2000 (FSMA) to carry on a regulated activity in the UK. Regulated activities include, amongst other things, accepting deposits by way of business and establishing, operating and winding up a collective investment scheme. The FSA believes that the firm may be targeting UK customers.
Nothing paricularly new, since WBwso isn’t for sure the classic business society as meant by FSA.
Later someone wanted to check the address they provide on the site:
Registered Address:
UNIT 19 MOULTON PARK OFFICE VILLAGE
SCIROCCO CLOSE
NORTHAMPTON
NORTHAMPTONSHIRE
NN3 6AP
ENGLAND
Just to discover that it’s the classic virtual office where you can’t find anyone. Lol, that isn’t a surprise too, do you agree ?
So someone also contacted them to have some explanations about this, and here’s the reply:
Hi thanks for your email.
I think there is some confusion regarding the difference in “registered office address” and actual office address.
Our REGISTERED office address is the one listed by Companies House UK, this is a service address supplied by our Company formation agent and administrator, this is the place where our registers are kept according to the legal requirements.
Our PHYSICAL address is separate from the registered address, and is in Cardiff, UK. This is the address where some work or in our case more planning is actually done and meetings take place (actually they mostly take place in airports due to our structure and location of key staff, but that is a different matter.) This is in no way an uncommon practise in UK.
We do not have phone number listed anywhere at all since we do not offer any kind of support over phone, but if you came and visited our Cardiff office in person as many other members have done (including your own upline) then you are welcome to use the office phone and see that we just like any other business use a normal phone too.
Work wise very little is actually done from our office, I my self like most others who work for WBwso does so on a contractual basis and I work from where ever I want too, as long as I can log in to the central server. As an example, around half of the people who create content for us are located in India or Asia, 25% is located in Africa and South America and the last 25% is located in Europe and US (even if many of them in Europe and US are Asian students..)
Content creation is by far the largest single post that uses human recourses and none of them work form our office, it would simply not be cost effective!
Server maintenance and allocation is done by sub-contractors, often contracted by us via one of our other companies, WBwso Ltd as such is only a holding company for name rights and administration, websites we sell are sold via other companies registered outside of the UK for several reasons. We also need several other registered companies to comply with terms of such companies as Google as you can only hold ONE account with them per person or company and this would not be sufficient for us and also a risk moment.
The simplest way of checking up our business if it really is legally registered or not is simply by checking it with companieshouse.gov.uk, use webcheck function and search for WBwso Ltd.
Last but not least, you are welcome past our office at any time, drop us an email when you want to stop by and we will make sure coffee on!
Kind regards
Andy
WBwso
This sounds already more interesting, if not for the fact that also that one is a virtual office:
I met up with Tomas Jacobsen the general manager at the Cardiff address, which incidentally is a Flexi Time office. Although this would normally start Alarm bells ringing for me, the way their business is structured it is a very sensible and commercially viable option.
The management team work from their homes so there is no need for a permanent office with the ensuing overheads and staffing problems; and excess work is out sourced to freelance coders and content writers.
However he could really meet with someone and had a good impression about how the business is structured. This sis a good side.
So how much is WBwso real ? Or is it just a well managed Ponzi ? Hard to say..
I always had many doubts about the sustainability of their 3 years compounded plan ( what a bet though lol ! ). Honestly I believe very little in that payment, but I wisely threw there only the classic money that “I can easily afford to lose”.
More I repeatedly noticed the fact that a professional IT business as Wbwso claims to be should never have such an “unprofessional” website, but the world is full of misteries.
Oh, finally yesterday I received this nice email, just like all WBwso members:
Thank You for Joining with Wbwso!
Your Bonus Offers will be emailed to you shortly once we accepted your confirm.
confirmation for accepted bonus now!
This is a manual Process and may take upto 72 hours.
If you should have any problems or questions please send us an email
Regards
Client Accounts
WBwso LTD.
No19 Moulton Park, Office Village
Sciroco Close
Northampton
Northamptonshire
NN3 6AP
England, UK
accounts@wbwso.com
www.wbwso.com
Registered in England and Wales. Company registration No. 06751383
that is clearly a low cost phising email. Hope nobody believed it and gave out his personal details !
WARNING! Fake bonus offer sent to WBwso members.
Several members have reported receiving a bonus offer from WBwso, this email is NOT from WBwso.
The link in the email goes to a website with the exact look of WBwso and they ask you to enter your username, password and PIN code. DO NOT ENTER YOUR DETAILS your account will be accessed by 3rd party if you do and funds will be lost!
Well, this email however stinks..Considering previous experiences everytime that phising emails begin to arrive in our inboxes oh, so strangely after some time the program scams.. Ever noticed this pretty coincidence ?
So, It’s quite hard to make some prediction about the future of WBwso right now, so simply draw your conclusions and be careful anyway ! Until they are paying, as for all programs, I leave the PAYING status and the links too. However I wouldn’t strongly suggest to invest big there now, low and wise “stakes” only.
Hi friends !
I want to tell you about the great level of support I got from Ritish, admin of AMF1989.
I tried to withdraw a referral commission from the program few days ago, but something wasn’t working properly with the script..Lol, no problem, just sent a support ticket who got quickly replied, but so didn’t the issue.
With my huge surprise I’ve been personally called on my mobile phone by Ritish, who wanted to understand better the problem !
Lol, have you ever heard of something like this from a hyip ? And the number wasn’t hidden privately. If this isn’t to play with open cards..
Later Ritish has forwarded me his conversation with the coder, and finally the little issue has ben fixed and I’ve been paid very quickly.
It seems that this little problem just happend to 2 people, and one is me.
But again the great thing, as it sounds to me, is thet personal call from a readable phone number. One more proof of the “reality” of AMf1989.
