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  • Report:  #158614

Complaint Review: Riskfreeinvest

Riskfreeinvest ripoff Internet

  • Reported By:
    louisville Colorado
  • Submitted:
    Wed, September 28, 2005
  • Updated:
    Wed, September 28, 2005

http://riskfreeinvest.com/ was also known as www.150percent.com and also www.30min.net - all these are the same company who have listed their URL under 'bigdaddy' and so are annonmous and cannot be located (without a court order).

These scumbags offer 150% return on your money or rather e-gold which they only accept as it can't be returned. They pay into your paypal account and sucker you into spending more as the returns get bigger. They then reverse the paypal payments and disappear (as they have used an UNVERIFIED credit card). If you spend $100 in e-gold you will lose a total of $200 as you have to pay paypal back. Paypal then threatens you as being the scammer and when you prove to them you are not, the response you get is "This case is closed"

PayPal is therefore complicit in these scams because the credit cards are not verified and there is NO protection at all from PayPal.

Jon
louisville, Colorado
U.S.A.

1 Updates & Rebuttals


Larry

Jacksonville,
Florida,
U.S.A.

The name says it all..

#2Consumer Comment

Wed, September 28, 2005

There is no such thing as a risk free investment. The very fact that they named it that screams SCAM.

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