For those readers not fluent in ponzispeak, let me translate for you:
"Following the prosecution of Zeek Rewards, the bottom has fallen out of the HYIP ponzi scene.
Wealth4All members are therefore advised to bend over and take a firm grip on their ankles, place their head between their legs, take a deep breath then pucker up and kiss their a**(and their money) goodbye."
The only thing necessary for the triumph of evil is for good men to do nothing
It is ammusing to see Faith Sloan express her surprise at the closure of Wealth4All and go on to plug ProfitableSunrise as her choice of a reliable program. She claims to be able to keep her readers accurately informed as the "mess" hits the fan. Bookmark this site for a laugh and a half.
People who followed Ken Russo / DRdave into Wealth4All are getting an expensive lesson in HYIP ponzi games and how they work.
All this, and all they need to say is: "Wealth4All has run out of money and we can't pay you what you're owed, but, we're gonna keep you on the hook so you'll join one of our other HYIP ponzis"
Somehow I missed this thread when posting about w4a and wca, so I will just copy these over here also.
Wcarev - Wcarev.com
Looks like this 'program' is having its ups and downs now. They need the newbies coming in so the top players can make their money before there is another restart or crash. One of them you are well-acquainted with and this was last post of withdrawal.
feliciajewel was still in there as of 9/16/2012 (have not seen a post since then as of 9/21)
I found this interesting in one of her comments at TG:
Wealth4all (soon to be renamed) is a good program, but it sure never hurts to have more than one income stream. The other program that you mentioned can't be compared. In that program you have to commit to buying daily and waiting to cycle. Here you can get started with just a $2 one time ad purchase with no daily requirement to purchase out of pocket. You can start sharing in part of the revenue share from day one. I've been a member of that other program for months. Once you understand how it works and see the results, there isn't a comparison. I don't think I'll ever even look at another program that requires a daily purchase to earn and is based on a cycling matrix rather than a revenue share.
Update from September 20, 2012 states they are looking to move to
a home overseas where the laws that govern our kind of business are friendlier and will allow for the business to last a long time without the fear of being shut down
They claim they will be relaunching in a few weeks.
Is WCA really Ken's latest? What about Funky Shark?
Don't you love this?
QUOTE
Re: Funky Shark
Post by krusso on Tue Sep 18, 2012 6:35 pm
I'm in. Just got back from the bank after wiring my 1K for a founder's position. Here is the message I sent to my general contact list this morning....
================================================== =======
First Notice Program Advisory - Funky Shark Penny Auction
September 18, 2012
Greetings Everyone,
As soon as I reviewed the information at the Funky Shark
website I made the decision to join as a founder at a cost
of $1000. I believe this is something that everyone should
consider. See the founder benefits package details below.
The founder position must be paid via bank wire. I have
no idea how many founder positions have been claimed
but I expect that the limit of 1000 will be reached very
soon. There are lots of major marketers who are just
starting to promote this project.
Those who cannot afford the founder position should act
quickly to obtain a regular membership, The cost is a one
time $39.95 set up fee and then just $14.95 per month and
right now there is a 30 day full money back guarantee so
there is much to gain and nothing to lose.
During Pre-launch 1,000 Founders positions will be offered.
Founders positions are $1,000 and offer you the following:
*$500 for every new Founder you bring in.
*A “Free For Life” membership. No more monthly fees.
*A share in a % of ALL bid packs purchased daily.
*A share in a % of ALL monthly membership fees collected daily.
*A share in a % of ALL daily profits from the Penny Auctions.
*Platinum qualification for life on ALL Matching
Once you do understand you will know how the
funds are derived to share with the members. I fully expect that Funky Shark
will be a huge success!
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