Felmina Alliance, potential scam in Africa

[kschang]

Consumer Watchdog of Botswana had identified another scam on the loose: Felmina Alliance, claiming to pay out 1.6% a day if you invest 5000.

Consumer Watchdog: The Voice - Consumer's Voice (http://consumerwatchdogbw.blogspot.com/2012/05/voice-consumers-voice_25.html)

[littleroundman]

http://i218.photobucket.com/albums/cc153/thelittleroundman/Scams/felmina.jpg

1% to 1.6% a DAY ??

Serious HYIP ponzi players only on this one I think, Kasey.

[Wwwealth]

Both previous posts are inaccurate and making the assumption that this rare of interest cannot be attained. I invested $610 in February 2012 and have recently concluded my first 180 day lock in period. During that time I could not access my capital investment. I also chose enhanced compounding to increase my daily rate by 0.2%. This meant that my compounding rate was fixed at 100% for maximum growth. At the end of my 180 days I received $11,920.00 in my available balance. I withdrew $1,920.00 to my UK bank account (arrived in less than 24 hrs). I now have over $10,000 earning 1.7% per day set to 50/50 compounding which is growing my capital and allowing me to receive $2,000 per month. So please do not post information which is not verified. This is a genuine investment site which does not need new members to pay the existing ones (definition of Ponzi - which this site is NOT).

[littleroundman]

1.7% per day is absolute nonsense.

In fact, there's over a million ex Zeek Rewards members who were being "paid" a mere 1% per day who can testify it's not possible to pay out even 1% per day.

They were being "paid" right up until they day Zeek was busted.

Being "paid" is not an indication of legitimacy.

Name one other financial institution on the planet which can produce even a .5% per day return WITHOUT being a ponzi.

JUST ONE.

[Wwwealth]

Every day trader in the world makes more than 2% per day otherwise they would not switch their computers on. Addbtonthat every bank that uses our money while we are waiting for it to"clear". I received my money without any referrals and do not accept your comments that this has to be a Ponzi. It is your type of comments that causes genuine sites with sensible management to suffer on the Internet simply because you do not believe it is possible.

[littleroundman]

I'll tell you what, Mr Wealth,

you come back when you've drawn out your complete "$10,000" earnings, and then we'll talk.

2% per DAY ????

EVERY day ????

You have got to be kidding me.

The worlds' most famous investor, Warren Buffetts' Berkshire Hathaway company has returned 32% over the past 3 YEARS.

The Standard & Poors 500 index has shown growth of 60% over the same time.

2% per DAY, my a**.

There's 365 days in a year.

Invest $1 million @ 2% per day and receive an annual return of over 700% ???

YEAH, RIGHT.

[ProfHenryHiggins]

Every day trader in the world makes more than 2% per day otherwise they would not switch their computers on. Addbtonthat every bank that uses our money while we are waiting for it to"clear". I received my money without any referrals and do not accept your comments that this has to be a Ponzi. It is your type of comments that causes genuine sites with sensible management to suffer on the Internet simply because you do not believe it is possible.


That alone makes it plain as the eyes on a frog that you have never been a day trader.

[Former Player]

Hey there. I used to believe 1% was achievable. In fact I even knew some admins of HYIPS that tried to trade forex to make these returns. The problem is that they could get those returns but not stay consistent. Usually they would have a few bad days and get wiped, erasing any gains they had made. I've been watching for 10 yrs and never seen an admin or program able pull it off and many have tried. Also if they are using Payza or STP there is not enough time to withdraw the funds, put them in trade and then get them back to the payment processors in time to make withdrawal requests. Its a fantasy. Sure I wish it could be done also but it can't.



Every day trader in the world makes more than 2% per day otherwise they would not switch their computers on. Addbtonthat every bank that uses our money while we are waiting for it to"clear". I received my money without any referrals and do not accept your comments that this has to be a Ponzi. It is your type of comments that causes genuine sites with sensible management to suffer on the Internet simply because you do not believe it is possible.

[profitgained]

i do not know why people call felmina a ponzi scheme.Banks do bussiness with our money in forex but when we try todo directly through felmina,people caal them a scam.
There is some info about felmina ,check this out

Is Felmina alliance a Scam? Lets Review (advertising link removed by Mod)

[onlinesuccess]

My experience with Felmina is similar to Wwwealth’s experience.
I feel the arguments posted here are not reasonable.
I don’t claim to be better or even comparable to Warren Buffet and I agree that 30%pa is realistic in the stock market which he refers to. However Forex and binary options add other dimensions to that.
I am not saying that Felmina will be forever sustainable but I feel that the comments made here are only good for ruining a company’s reputation. I went through the same procedure as Wwwealth. So far I pulled out 8 times my original investment. So even the investments that were scams are already paid. The proposal to pull out the whole sum is unreasonable since no serious person would kill a cash cow.

[kschang]

Found this in the archives somewhere:

Canadian Provinces Ontaria And Manitoba Issue Warning Against Felmina HYIP Ponzi Scam | InternetCyberCrime.com (http://internetcybercrime.com/canadian-provinces-ontaria-and-manitoba-issue-warning-against-felmina-hyip-ponzi-scam/)

[NikSam]

Found this in the archives somewhere:

Canadian Provinces Ontaria And Manitoba Issue Warning Against Felmina HYIP Ponzi Scam | InternetCyberCrime.com (http://internetcybercrime.com/canadian-provinces-ontaria-and-manitoba-issue-warning-against-felmina-hyip-ponzi-scam/)

British Columbia and State of Missouri also warned and announced they investigating Felmina.

Agent of the Panamian company FELMINA ALLIANCE INC. (id: 700644)
Cambra La Duke has about 100 other companies registered,
including PONZIs such as Panamoney, MMCIS and multiple other past scams.

FELMINA ALLIANCE INC does not have a single license or permit in Panama.

felmina.com site has been down a lot in last 2 days.

[NikSam]

Well, After felmina site disappeared for 3 days so far.
Monitors are still optimistic.

Should i invest or not ? look everyone says its paying and only 3 naysayers?
decisions, decisions ...


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Oh, wait, AllHyipMonitors.com does not know how to count :RpS_lol:

felmina.com - All HYIP Monitors .com (http://www.allhyipmonitors.com/details/felmina.com?final=1)

[NikSam]

Panama is late as always, dated May 1st, released only today

4120

PDF: http://supervalores.gob.pa/attachments/article/4825/FELMINA_ALLIANCE_INC_ing.pdf
URL: Superintendencia del Mercado de Valores - WARNING (http://supervalores.gob.pa/informacion-del-mercado/alerta-al-inversionista/4825-warning--non-authorized-entity-felmina-alliance-inc.html)

[NikSam]

Good morning UK, better late than never , you lazy bastards !




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URL: Felmina Alliance Inc., trading as Felmina Alliance Ltd - Financial Conduct Authority (http://www.fca.org.uk/news/warnings/felmina-alliance-inc)