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Saturday, 15 February 2014

Fake Investment Programs

If you have been on the internet for a while, you probably would have heard of HYIPS. They are scams, posing as investment firms just trying to relieve you of your hard earned cash. In this post, I'll be shedding more light on one that is still at large, This so-called investment company is called mcdave investment services limited (MIDSL) and their site's address is scam investment. They used a privacy service to hide their real location; what genuine investment firm does that?

This scam site claims to have agents in several parts of the world, including Nigeria. Mind you, these agents are not really agents, but their partners. They are all in on it. Please stay away from them! There are many of them still at large and I will be dropping reviews on them as time goes on.

Now, how do you identify a program as scam or not?

First, you must do a thorough google search on the company or program. When I say thorough, I mean you should use multiple keywords from the program's website and go beyond google's first and second page in your search results. If you find negative any  review, then stay away from that program.

If you find absolutely nothing on the said program, then please stay away from them as well: I mean if they were that good and have been online that long, how come no one knows about them. FOOD FOR THOUGHT!

Secondly, If a program sounds too good to be true, then that's just what it is.

Thirdly, never invest more than you can risk losing. Always invest only a small percentage of the money you have at hand. This is very important and can save you from a lot of trouble.

Lastly, how professional is their website looking. Those it show all that money that they claim to be making. Inspect their website very closely for cheap errors that professionals will never make. Also do a whois check on the website to know how long it has been online , when it will expire, the address of the admin and if it matches with the address and contact number on the website's contact page.

If you have any questions about any program or have any info on a scam program, please don't hesitate to drop me comment.

2 comments:

  1. Thanks for the very valuable informatiom. This outfit and their partner in crime in the country should be brought to the notice of EFCC to safeguard the interests of Nigerians who may likely fall prey to their scams. It may seem like specifically designed to target Nigerians in retaliation for our yahoo-yahoo exploits. Just a thought.

    ReplyDelete
  2. Thanks for the very valuable informatiom. This outfit and their partner in crime in the country should be brought to the notice of EFCC to safeguard the interests of Nigerians who may likely fall prey to their scams. It may seem like specifically designed to target Nigerians in retaliation for our yahoo-yahoo exploits. Just a thought.

    ReplyDelete