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  • Mar 9

    GeniusFunds Email Error

    GeniusFunds

    A strange email was sent to some GeniusFunds regarding the new feature that GeniusFunds is having. Whats strange about this is that the program doesn’t exist yet, it is not offered in the news section of the website (w/c GeniusFunds normally does if theres an update) and it’s not even on the account page of the site. Has GeniusFunds gone confused lately because of the issues with them? Let’s find out.

    Here’s the email:

    My name is Michalis Constandines and I am your new account manager. Your account has been upgraded to premium status and it is my pleasure to invite you to participate in an excellent investment opportunity offered by invitation only, to a limited number of Genius clients.

    We are introducing WBMF Select fund which will consist of three share types:

    WBMF Select 1: $2000 – $25,000

    WBMF Select 2: $25,001 – $50,000

    WBMF Select 3: $50,001 +

    The minimum investment into this fund is $2000. The investment must be a new deposit and not be proceeds of share sales or profits generated by your current investment. There are no minimum or maximum reinvestment requirements for this fund.

    There is no no-sale term for this fund, however, sales of shares within the first 30 days of investment will be subject to 25% early sale penalty. There will be no penalty or fee for sales of shares after the 30 day period following the initial investment.

    I have enabled access to this fund for you. You may purchase shares of WBMF Select from your Genius account portal. The dividend rates paid on shares on this fund are fixed at the following values:

    WBMF Select 1: 10.2% per week

    WBMF Select 2: 11.6% per week

    WBMF Select 3: 12.3% per week

    Dividends are paid every Monday. The first dividend will be paid on the first Monday after the purchase of shares.

    The formal offer is attached hereto in PDF format. If you have any questions, don’t hesitate to e-mail me at any time.

    Sincerely Yours, Michalis Constandines. Premium Account Manager. Genius Investments Limited

    It was sent by the new employee of GeniusFunds coming from the Premium Accounts. The strange thing here is at this moment, there are no premium accounts available. Here’s the message from GeniusFunds:

    We currently reached the capacity limit for the Premier accounts. These are no longer offered directly to the public. Once we will be able to increase the capacity, we will again start offering these great investment productsWe currently reached the capacity limit for the Premier accounts. These are no longer offered directly to the public. Once we will be able to increase the capacity, we will again start offering these great investment products

    From what I found out, through thorough research, GeniusFunds was offering premium accounts before that requires members to invest a minimum of $200,000. Then why is it offered now for free? Is this another technique to lure investors into giving in more money? Let’s just hope not.

    Just today, investors were sent with another email apologizing for the mistake that was done a while ago. This was the email with promotional offers. I think people were confused of this so people asks the Account Manager about this.

    Here’s the letter of apology from GeniusFunds:

    I am sorry, but the invitation in my previous message was sent to your e-mail address by mistake. The fund in the message is not yet marketed to our investors and you have not been offered to invest in it. I will notify you again if and when the offer to invest in this fund will be made to you.
    Sincerely Yours, Michalis Constandines. Premium Account Manager. Genius Investments Limited

    Through this we were able to peek in into GeniusFunds plan. Why are they offering premium accounts for free as an upgrade? Why is the minimum investment of the new plan too high? Is this GeniusFunds’ “if all else fail” plan? Lets keep ourselves updated to that.

    MandarinInvest Expands Community

    MandarinInvest founds out another way for people to know that MandarinInvest exists. Forums and emails are way to old now to be used in increasing popularity so MandarinInvest uses the new method of obtaining people, this is through social networking sites. Because these sites are taken more importance than forums and emails nowadays.  MandarinInvest now has Facebook and Twitter accounts. You can visit their Facebook and Twitter accounts through the following url:

    Facebook:

    http://www.facebook.com/group.php?gid=353521257257

    Twitter:

    http://twitter.com/MandarinInvest

    Here’s the email from MandarinInvest:

    Social networks are more important nowadays than e-mail and forums, so we have decided to create accounts on two popular networks – facebook and twitter.

    You can discuss our program in this group:

    http://www.facebook.com/group.php?gid=353521257257

    And follow our news on twitter here:

    http://twitter.com/MandarinInvest

    For some of you this might be a more comfortable way to share your thoughts on our program than the usual forums.

    There is also a new poll for you on our forum. This time it involves bank wires, so please voice your opinion here:

    http://forum.mandarin-invest.com/viewtopic.php?f=4&t=49

    Sincerely, Robbyn Hart

    Social networks are more important nowadays than e-mail and forums, so we have decided to create accounts on two popular networks – facebook and twitter.
    You can discuss our program in this group:
    http://www.facebook.com/group.php?gid=353521257257
    And follow our news on twitter here:
    http://twitter.com/MandarinInvest
    For some of you this might be a more comfortable way to share your thoughts on our program than the usual forums.
    There is also a new poll for you on our forum. This time it involves bank wires, so please voice your opinion here:
    http://forum.mandarin-invest.com/viewtopic.php?f=4&t=49
    Sincerely, Robbyn Hart
  • Feb 25

    NanoMoneyCorp DDos Attack Update plus GoldenFleeceFund Stopped Paying

    NanoMoney and GeniusFleeceFund

    NanoMoneyCorp is under DDos Attack yesterday, February 24, 2010. The site is experiencing some loading problems and system faults. This kind of DDos attack was the first time that they had encountered and made their own DDos protectors and other DDos protectors completely useless. NanoMoneyCorp told its investors that despite the fact that the site is experiencing problems, the payments will be made in a timely manner and their investments will not be affected. Here’s from their website:

    24 February 2010
    Massive DDOS attack.
    Dear investors!
    The site is currently under enormous DDOS attack. You may expect long time of page loading or some system faults. In fact we face that type of attacks for the first time ever. But please be patient as we are working hard to find a solution. The attack we faced is so difficult that not many of the DDOS protectors we turned to (including the one we use) are helpless. But still the site is working and we handle all the payments in timely manner. This attack would not affect your investments and you would not loose a penny because of it. We want to apologies for any troubles the work of our site may cause you but you have to understand that it is in our favor to fix everything as soon as possible. Be sure that we will continue our work despite of any obstacles would appear on our way.

    Today, February 25,2010 the site is OK now. Although members will experience some delay in payments because NanoMoneyCorp will be fixing and organizing their server and the system for two or more days. NanoMoneyCorp explains how the site had gone through this massive DDos attack and explained their reputation as paying regularly from their investors.

    Here’s the upate from their website:

    25 February 2010
    Please read
    The site is back to normal life! Although you have to be patient for one more or two days until we would fix and reorganize our servers and system. During that time some payment delay may be possible. We do sincerely apologize for any possible delays but hope for your understand. Everybody there knows that it would be our fifth year in a row that we never missed a single payment. As well you all know well that we faced a massive attack on our site. Some of you even proposed us to close a member section or even a sight for a while. We did not follow these ideas but we need time to make everything work and look the way it was before. So I do hope that all you understand that and would show us your trust and patience one more time. We would try to fix it as soon as possible.
    press here to delete

    GoldenFleeceFund Stopped Paying

    Could this be GoldenFleeceFund’s downfall? The members of GoldenFleeceFund are complaining that payouts are delayed and some are not paid at all. As we all know, in my recent post, GoldenFleeceFund has added new programs for investors to take part and invest more. GoldenFleeceFund’s move were to target the highest possible money they can get by promoting a program that gives bonuses to the investors if ever they invest that amount of money and to allow investors to leave some of their money behind using a compounding program that had been initiated just days ago. Let’s just hope that GoldenFleeceFund will recover soon and pay their pending payouts or else this would be one of the biggest scam an investor would face.

    MandarinInvest Increases ROI plus GeniusFunds on BCSC Update

    Mandarin Invest and Genius Funds

    MandarinInvest decided to increase the payouts in one of their plans: 1% for 30 days, 1.3% for 100 days and 1.6%-2.1% for 150 days with principal returned back on expiry on every single plan. MandarinInvest’s decision was to increase (…not that much)  the daily percentage for investors investing in the Basic Plan. The increase is from 1% to 1.1% (see …I told you) for 30 days.

    Here’s MandarinInvest’s newsletter:

    Considering the poll results concerning possible ROI increase and the discussion in the poll topic, we have found a compromise solution – an increase of the ROI for the “Basic” plan to 1.1%. We assure you that this will not hurt our program and is just a way to share our recent success with the members. The change takes effect immediately and affects both active and new deposits to the “Basic” plan.

    Sincerely,

    Robbyn Hart

    GeniusFunds on BCSC Update

    The meeting that will be held today, February 25, 2010 is cancelled and British Columbia Securities Commission moved the date to April 7,2010. This is good news to GeniusFunds and it’s investors. GeniusFunds will have time to reorganize and strategize themselves so that they will come up with substantial proof of their investment activities. Investors for now will not worry too much about GeniusFunds until the said date(April 7).

    Anyway, here’s the excerpt from BSCS’s website:

    ………..

    On February 11, 2010, the Executive Director issued a temporary order against GeniusFunds, also known as Genius Investments and a notice of hearing (2010 BCSECCOM 89).

    With the consent of the parties, the Commission extends the temporary order and adjourns the hearing to April 7, 2010.

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