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| *Ostroff, Fair and Company>>>Investing |
Is it advisable to invest in swisscash? |
pls guide me ,can they really pay 25 percent of the investment per month My impression is that they are a scam. They are not registered in Switzerland. The Swiss embassy says it is obvious that this company uses the term "Swiss" in an illegal and fraudulent way to attract customers. No one can honestly offer rates that high. See the links below: Sources: http://www.eda.admin.ch/eda/en/home/reps... http://www.bnm.gov.my/index.php?ch=8&pg=... http://www.worldlawdirect.com/article/19... this is a scam! ia ready check it out! please check with world law direct! please forward the new around! SwissCash / Swiss Cash / Swiss Mutual Fund 1948 scam It has come to the attention of the Embassy, that there is a very aggressive selling taking place in Malaysia to promote an investment fund scheme called Swiss Cash (SwissCash) or Swiss Mutual Fund 1948 Every serious Internet User is aware of the fact, that anything can be said, promised and advertised on the Internet completely uncontrolled. There is a tremendous amount of good and useful information, but unfortunately the Internet is also a breeding place of a lot of misleading sometimes even fraudulent information. It is therefore always wise to do some research. The Swiss Mutual Fund (1948) and or Swiss Cash are not registered companies in Switzerland. Until proof of the contrary, the Embassy doubts that the remarks about these funds and their historic links to Switzerland as outlined on their original website are genuine. The original website is indeed registered in the USA and the contact telephone number is from New Jersey (USA). It is obvious that this company uses the denomination "Swiss" in an illegal and fraudulent way to attract customers. Moreover, the promotion of the fund seems to work via agents on a MLM system which appears to be close to a Pyramid scheme. Pyramid schemes are illegal in Switzerland. The Embassy does therefore not recommend these funds as an investment opportunity. To discuss issues concerning the Swiss Cash scam (Swiss Mutual Fund 1948 scam) click here. http://www.worldlawdirect.com/article/19... it got to be a scam no one can pay such a high interest. I can say for sure that they do pay you 25% a month because I'm an investor and have an account with them. They pay me on time every single month ever since I invested 8 months ago. The real question is how long will it last? Can you get your money back before they stop paying you that's the question you should be asking yourself. How much are you willing to risk? If you are a high risk taker then maybe this investment might suit you. If you are not a high risk taker or can not afford to lose your money then I suggest you put your money somewhere else safe and stay clear away from them. Many has proven the company pays. Many also claimed its a scam but with no proof and experience. Just make your own decision This is created for all Swisscash Investors over the world. Lets us share or discuss our experiences and encounters, and help each fellow associates. Happy earning! http://finance.groups.yahoo.com/group/sw... |
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