What HYIPs like this scam is NOT is [U]real[/U], in the sense that a HYIP really offers a real investment any more than three card monte is really a card game or there really is sex offered in the Champagne Room.

That post is too real for me.

You and meleab are definitely 0.5bb winners


A high-yield investment program (HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors. Most of these scams work from anonymous offshore bases which make them hard to track down.

jesus how hard is it to understand that everyone entering them KNOW THAT THEY ARE SCAMS. Its a ***** gamble just like sportsbetting.

So, are you interested in buying some West African gold, or what?

Seems like you're arguing about semantics. Some people ITT claims NO ONE makes money from these kind of things. ...I... claims some people can, which obviously has to be true since the money "invested" has to go somewhere. I don't see him disagreeing with that 99.99999% of the "investors" will lose their money.

more like 70% lose and 30% win


sorry if i lost you after the first syllable melab. Maybe one day after you change from velcros to normal laces you'll get it.

fyp to add source citation from where you can back up what is clearly first hand knowledge on your part

It's not a difference in semantics. It's a difference in possessing a brain or not.

So basically the could be gathering money repaing a small chunk of it so people do actually think they are successfully investing? And then when enough money is in the pool the just vanish? Or is there a chance that they are actually running some bots
and doing this alone or the scam all together?

they have it -> Affiliate program

The concept of investing into a bot ring with the expectation of making an easy profit is probably wishful thinking.It is unlikely that anyone capable of successfully operating a bot ring would wish to share that information and dilute the profits. Setting up a bot ring is an art in itself and requires considerable expertise. Competent bot rings do not usually consist of a group of primitive bots that any security department should be able to catch in an instant. What would be the point unless security is extremely lax?

The purpose of bot rings is to make as much money as possible for their owners and creators and certainly isn't about allowing gullible investors to make easy money? Even if the bot ring does actually exist it will almost certainly consist of basic over the counter bots, perhaps with some modifications.

It is doubtful that anybody with the capability of making their own customised bots would share that technology with, or allow it's use by third parties.

It seems like the inevitable has finally happened, with the site now closed down and lots of people left a little poorer.

http://www.moneymakergroup.com/Poker...ntry1109597507

https://bitcointalk.org/index.php?topic=1204396.0

Somewhat hard for me to commiserate with the "victims" of this fraud. Probably the people running PokerAM behind bars and the money of the people investing in this gone for good would be a salomonic outcome.

That is pure gold. Guys are pissed off about scammers getting scammed makes me feel good reading about their frustration hahaha!

You're not seeing the real tragedy in this. Those amazing video testimonials are now lost.

RIP Shimmy.

Do you seriously still think that a bot actually existed? Just lol if you do.

I brought back my Shimmy video just for you, and for the sanctity of this thread.

RIP scamsite Shimmy vids, though :*(

I want to see those testimonial videos

That does help ease the pain - thank you!

Holy crap the moneymakergroup forum is golden:

Source

Wow, these people are on another level

I was talking about the guus in the bot thread that were pissed off.....

not sure if this has already been said but as far as I am aware this is illegal.

Assuming I was amoral and had no principles I would never trust any investment scheme which involved around breaking a law. if people are willing to break the law how can you trust them. As far as I am aware any contract which involves breaking the law is not enforceable in law.

eg if bob says he will give John £5000 to beat up Tom, John beats up Tom and then bob refuses to pay up no court would enforce this contract.

so you are relying on trust alone for this guy to meet his side of the deal. if someone is willing to effectively steal from other people and asks you for money to do it with promise to share profits, bearing in mind you would have little to no legal come back what are you basing the idea of them paying out on?

I think this should be cracked down on though its one thing if you want to cheat at computer games or monopoly, but financial fraud is something else, it is literal theft and should be punished as such.

also why do people rely on testimonials so much are people been serious or joking i genuinely cant tell. almost every fraud site as fake testimonials. all the junk emails i get about binary option trading has thousands of obviously fake people who knew nothing about finance now been millionaires.

every psychic site you go to (i view all psychics as frauds or mentally ill) has positive testimonials they just delete anything negative.

one of my exs tried to set up her own business never did find out how that worked out hopefully bust with her crying, I am not bitter at all lol.

seriously though she had loads of fake testimonials she got family and friends to put up. I mean ok most of her family were career criminals in the literal sense, (boy do i know how to pick them) but you get the point.

i think reviews like trust pilot, trip advisor or reviews on amazon and ebay are worth paying attention too (though these have still have there flaws and have been abused) but I really dont put to much stock in testimonials.

^^ Hard to believe you've been here since June '10

its not unusual for psychics to delete negative testimonials, nothing more really to be said other than psychics are good for the poker ecology.