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August 18, 2008

comment Fraud Warning - AlterGold Ponzi Scheme Payment Processor

Filed under: Fraud Alerts — C4G @ 12:03 pm

AlterGold Scam Ponzi Payment Processor   We’ve warned our readers countless times about utilizing phony payment processors such as AlertPay, Tri-StarMoneychangers, CyberSpaceATM, C-Gold and most recently AlterGold. Our primary reason for warning consumers about these unlicensed payment processors being the vast majority of them spring up specifically to service ponzi schemes and pyramid schemes found at forums like Talkgold, MoneymakerGroup and DreamTeamMoney. No mattr how many times people are warned that all of the Hyip and Autosurf programs advertised at the afformentioned forums are not only illegal but they are scams, some people absolutely refuse to admit or believe that a website with phony registration information offering to pay investors in upwards of 300% per year return on investment are schemes to fleece members of their e-currencies.

It’s not bad enough that these programs and forums are alowed to thrive and form a black market that has duped online victims out of hundreds of millions of dollars in the last decade but now there are numerous unlicensed payment processors springing up in the wake of the scammer’s favorite processor, e-gold’s failure. It seems all the wonkers who refuse to believe the truth and open their eyes are up in arms with theponzi scheme payment processor Altergold’s website being supposedly under a DDOS attack. Despite the fact the site has the following message posted to the main site…

blockquote Dear Customer,

We regret to inform you that the AlterGold website is currently under DDOS attack at this moment.

All efforts are in place to bring the site back online as soon as possible. We apologize for any inconvenience caused by this interruption to service.

Regards,
AlterGold Management

…there are still pimps and cheerleaders professing that is a viable payment processor and not a scam, that a site under attack, while unable to resume their website, can post a message to their main site. Ok folks, face the truth, AlterGold is history. Even if they do return, only a total idiot would trust them holding any significant funds but the cold hard facts are that anybody who had any money in AlterGold can kiss their money goodbye. It’s already been cashed out and into the pockets of the scammers operating this .



• • •

4 Comments »

    #1
    August 19, 2008 @ 3:04 pm | Comment
    by Ivan

    You only see the problem and negative side of everything and thats just fine. If that makes you happy, be it.

    #2
    August 27, 2008 @ 1:34 pm | Comment
    by Michele

    #3
    August 30, 2008 @ 1:01 am | Comment
    by Danielle

    I just checked the altergold site and it seems to be back online.

    #4
    September 4, 2008 @ 10:01 am | Comment
    by Yohanes

    We suppose to have an ‘online’ authorities to clarify those kind of bussiness. At lease there should be authorities that could clarify if one bussiness is legitimate and legal.

    We could only warn to those of you who believe at something to good to be true. Then they are.Period.

    If there aren’t any ‘authorities’, i’m affraid hyips, ponzies, scams, should arrouse on every corner of the internet. :(

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