WORLD Law Direct Forums  





Go Back   WORLD Law Direct Forums > Other Topics of Interest > Money Frauds and Scams > Internet HYIP Scams
REGISTER FAQ SEARCH Today's Posts Mark Forums Read
Personal Lawyer Legal Forms Calendar

Internet HYIP Scams Discussion about all kinds of Internet-based HYIP schemes.

Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

Consult Your Own Personal Lawyer Now!
Reply
AddThis Feed Button
 
Thread Tools Search this Thread Rating: Thread Rating: 7 votes, 3.86 average. Display Modes
Old Aug 21st, 2008, 06:47 PM     #561
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

Quote:
Originally Posted by Unregistered View Post

Ha - this about says it all. People on this board should just worry about themselfs and not the P2P members. Things would be much nicer in here.

Or maybe since this is a SCAM board, people in P2P should worry about themselves (and their own money) and not what we have to say about the program. If it works for you that's fine. What difference does it make who says something about it if you are not dependent on new members to continue the payouts? On the other hand, if it is a SCAM, which i strongly believe it is--I wouldn't wish this type of money trap on my worst enemy.
  Reply With Quote
Sponsored Links
Powered by U.S. Legal Forms
Old Aug 21st, 2008, 10:50 PM     #562
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

It's such a trip how emotional people get over this ****!!! Is there actually anyone out there who invested their money and got ripped off? That's the only thing I would like to know!!!!
  Reply With Quote
Old Aug 21st, 2008, 11:07 PM     #563
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

Quote:
Originally Posted by Unregistered View Post

It's such a trip how emotional people get over this ****!!! Is there actually anyone out there who invested their money and got ripped off? That's the only thing I would like to know!!!!

The answer to that is NO.Nobody has lost a cent! any post claiming to have lost money is bogus.

The problem is that P2P is paying late,but that's all.Eventually we will see the outcome of plans in place to recitify the situation.
  Reply With Quote
Old Aug 22nd, 2008, 01:05 PM     #564
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

OK, I've done a little research here. First off, I personally know people that have invested and cashed out in the P2P program. That wasn't enough for me so I did some searching and found forums like this one where some people call it a scam and others say it works...still not enough for me so I dug a little deeper.

I've contacted to OSC and they have no record of this company, makes sense since they're not Canadian based, neither are they American based.

They may be a Ponzi and may go down someday but as of right now they are still running, my friends are still getting paid and neither Canada nor the US are in the process of shutting them down.

I am making my first investment. Chose to do the 30 day just to see what happens. If I lose it then oh well, lost more in a casino...several times. You have to look at the risk/reward and in my eyes this one is worth it.

If I lose I won't come back and cry like a baby as I'm a grown man and I chose to do this knowing the risks.

We'll see what happens
  Reply With Quote
Old Aug 22nd, 2008, 01:41 PM     #565
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

Quote:
Originally Posted by Unregistered View Post

I've contacted to OSC and they have no record of this company, makes sense since they're not Canadian based, neither are they American based.

That's a problem since they need to be registered in some way in order to legally offer investments to US and Canadian citizens.

Quote:
They may be a Ponzi and may go down someday but as of right now they are still running, my friends are still getting paid and neither Canada nor the US are in the process of shutting them down.

The people who answer the phones aren't going to be aware of on-going investigations. You'd need to talk to the people who do that and in most cases they're not going to tell you anything until they make some official announcement so that investigations aren't compromised. All that it really tells you is that they've not yet done so.
  Reply With Quote
Old Aug 22nd, 2008, 01:43 PM     #566
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

Quote:
Originally Posted by Unregistered View Post

OK, I've done a little research here. First off, I personally know people that have invested and cashed out in the P2P program. That wasn't enough for me so I did some searching and found forums like this one where some people call it a scam and others say it works...still not enough for me so I dug a little deeper.

I've contacted to OSC and they have no record of this company, makes sense since they're not Canadian based, neither are they American based.

They may be a Ponzi and may go down someday but as of right now they are still running, my friends are still getting paid and neither Canada nor the US are in the process of shutting them down.

I am making my first investment. Chose to do the 30 day just to see what happens. If I lose it then oh well, lost more in a casino...several times. You have to look at the risk/reward and in my eyes this one is worth it.

If I lose I won't come back and cry like a baby as I'm a grown man and I chose to do this knowing the risks.

We'll see what happens

Nice to see an intelligent person joining. Weather you chose to join or not is not the issue but the fact that you calculate the risk and go in knowing it was your choice, you were not misled. As you say, I have lost a lot more money in a couple hours at the casino. Welcome to the p2p member family!

What I don't understand is the people that chose not to get in but they see it as some kind of agenda to call people names that got in it and do their darnedest to get the site to fail. Seems they would have better things to do with their time especially when they claim how smart they are and how much money they have.
  Reply With Quote
Old Aug 22nd, 2008, 01:46 PM     #567
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

Quote:
Originally Posted by Unregistered View Post

That's a problem since they need to be registered in some way in order to legally offer investments to US and Canadian citizens.



The people who answer the phones aren't going to be aware of on-going investigations. You'd need to talk to the people who do that and in most cases they're not going to tell you anything until they make some official announcement so that investigations aren't compromised. All that it really tells you is that they've not yet done so.
So your saying that they are investigating a company and saying its a scam but if someone calls them they aren't going to advise the person not to risk their money? Sounds like people could sue the OSC for losing their life savings if they call about a company and get told they know nothing. But atleast with P2P noone need to worry about it
  Reply With Quote
Old Aug 22nd, 2008, 02:11 PM     #568
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

Quote:
Originally Posted by Unregistered View Post

Nice to see an intelligent person joining. Weather you chose to join or not is not the issue but the fact that you calculate the risk and go in knowing it was your choice, you were not misled. As you say, I have lost a lot more money in a couple hours at the casino. Welcome to the p2p member family!

What I don't understand is the people that chose not to get in but they see it as some kind of agenda to call people names that got in it and do their darnedest to get the site to fail. Seems they would have better things to do with their time especially when they claim how smart they are and how much money they have.

Well, like I said, I know too many people that are actually doing this and getting paid. I see it before my own eyes. I know there's still risk involved but I would be pretty stupid to see all this money getting made right in front of me and I sit on my butt and do nothing.
  Reply With Quote
Old Aug 22nd, 2008, 02:34 PM     #569
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

Quote:
Originally Posted by Unregistered View Post

So your saying that they are investigating a company and saying its a scam but if someone calls them they aren't going to advise the person not to risk their money? Sounds like people could sue the OSC for losing their life savings if they call about a company and get told they know nothing. But atleast with P2P noone need to worry about it

They're not going to say that it's a scam until they determine it to be as a result of their investigation. They do issue warnings like that released by the ND securities authorities once they have determined that there's enough to assume some violation of law. At the point that they make some official release they'll tell you but not necessarily before. They will tell you whether it's legal for a company to offer an investment to the public without proper registration (it's not).

Given the ND warning and the fact that they cannot legally offer investments to the public in virtually any country without proper registration, that is something to worry about in the case of P2P.
  Reply With Quote
Old Aug 22nd, 2008, 02:43 PM     #570
Unregistered
 
Unregistered's Avatar
 
Posts: n/a

Default Re: Pathway-2-Prosperity - Pathway-2-Poverty - Pathway-2-Ponzi

Quote:
Originally Posted by Unregistered View Post

Well, like I said, I know too many people that are actually doing this and getting paid. I see it before my own eyes. I know there's still risk involved but I would be pretty stupid to see all this money getting made right in front of me and I sit on my butt and do nothing.


Those people are in well ahead of you. With payments at plus 60 days late and in a relatively old "program," by putting money in now you're betting that it lasts long enough for your spend to reach the end of the minimum time before you can request a withdrawl plus, assuming that it gets no worse, an additional 60 days beyond that to receive payment after making a request. So, being realistic about it, anyone getting in now is making a bet that they'll still be here 6 months from now when you'd be getting anything back out.
  Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Add Forum to Google Toolbar | Format Your Messages

Posting Rules

Similar Threads
Thread Thread Starter Forum Replies Last Post
another scam artist/ponzi player Unregistered Money Frauds and Scams 12 Dec 6th, 2008 08:25 PM
Initially a possible ponzi but not now Unregistered Internet Law 3 Nov 11th, 2008 03:32 PM
Ponzi Scam Inquiry PWM International Law Issues 8 Nov 5th, 2008 01:35 PM
15 years prison for ponzi scam leader Midkiff Unregistered Other Criminal Law Matters 0 Oct 16th, 2008 10:28 PM
Poverty reduces quake's financial impact FT_news China News 0 May 20th, 2008 01:50 PM


All times are GMT -5. The time now is 01:10 PM.


Powered by U.S. Legal Forms

Subscribe

Use of the Forums is subject to our Disclaimer which prohibits unapproved advertisements, solicitations or other commercial messages, and false, harassing or abusive statements. All postings reflect the views of the author but become the property of WORLD Law Direct.

Questions and information submitted in the Forums are assumed inquiries for general information and not legal advice.

Copyright 2000-2009 by WORLDLawDirect.com, Inc.