swisscash scam

To "swiss cash investor 55"--see below--the operation is pure scam...stay away...mdmd300
=============

I've been able to conduct a fairly intensive search for the business
history of SwissCash aka Swiss Mutual Fund. It appears to be an
entirely fictitious company, with little more than a website behind
it. It doesn't exist. Everything I've seen suggests that it is a
scam.

Swiss Mutual's website claims that it is a $9 billion company, that
has been in business for many decades. An enterprise this size would
have a very hard time staying under the radar, yet Swiss Mutual
Fund/SwissCash does not appear in any listing of legitimate businesses
or funds.

And there are other signs of problems.



Let's begin with their website. According to their whois record:


http://whois.domaintools.com/swisscash.biz


the SwissCash.biz site was first created in 2005:


"Domain Registration Date: Thu Jun 16 11:40:59 GMT 2005 "



This is always a sign for caution. Why would a company that has been
in business for decades just be getting around to registering its
website little more than a year ago?


The sister company, swissmutualfund.com, is a few years older, having
come into existence in 2002:


http://whois.domaintools.com/swissmutualfund.com
Creation date: 01 Sep 2002 10:21:34


so they have a verifiable history at least four years (not decades!) old.


=================


The "company" says that it is headquartered in Dominica. Yet, there
is no listing for any company by that name in the Dominica phone book:


http://dominicayp.com/whitebook.html?PageNumber=99


nor is their any listing for the alleged head of Swiss Mutual Fund,
Michael Mansfield.



Swiss Mutual Fund's site says they are licensed in Dominica by "The
Central Bank of Dominica" and the "Securities Commission of Dominica":


==========

http://www.swissmutualfund.biz/about...management.asp

Licenses & Regulators
Swiss Mutual Fund is fully licensed by the Government of Dominica. The
Dominican has established a comprehensive regulatory framework that
includes five regulators and supervisors. The Central Bank of Dominica
and the Securities Commission of Dominica ensure adherence to
international standards of performance, service and confidentiality
for Banks and Trust, Securities Broker Dealers, and Securities
Investment Advisors.

==========


Yet, there are no government phone listings in Dominica for agencies
with either of these names, or anything even close:


http://dominicayp.com/bluepages.html?PageNumber=2


As a matter of fact, Dominica does not have its own central bank, but
uses the services of a Regional Bank:


http://www.eccb-centralbank.org/About/who-we-are.asp
...The Eastern Caribbean Central Bank was established in October 1983.
It is the Monetary Authority for a group of eight island economies
namely - Anguilla, Antigua and Barbuda, Commonwealth of Dominica,
Grenada, Montserrat, St Kitts and Nevis, St Lucia, and St Vincent and
the Grenadines.



Swiss Mutual Fund/SwissCash is not listed at a recognized fund in any
mutual fund directory that I checked, such as the Yahoo International
Funds directory:


http://finance.yahoo.com/lookup?s=sw...m=ALL&r=3&b=50



nor are the company names registered to do business in New York State,
even though they provide a New York address:



http://appsext5.dos.state.ny.us/corp...y_search_entry
Department of State
Division of Corporations
Search Our Corporation and Business Entity Database



and, if you need more convincing, nor are they listed in the Dun and
Bradstreet directory of more than 25 million global businesses:


And believe me, D&B isn't likely to miss a $9 billion company.


By the way, I called SwissCash's NYC phone number and no one answered,
nor did a machine pick up.



One last notable absence. The US Securities and Exchange Commission
has the reports of hundreds of thousands of companies on file from
around the world, and electronically searchable. Swiss Mutual Fund
claims to have been a multi-billion dollar fund servicing the
corporate world, yet not one of the companies in the SEC database
makes mention of either Swiss Mutual Fund or SwissCash:


http://searchwww.sec.gov/EDGARFSClie...MainAccess.jsp




Recently, the government of Malaysia issued a warning on SwissCash:


http://www.bernama.com/bernama/v3/ne....php?id=217006
Malaysians Advised Not To Invest In Swiss Mutual Fund


And as the above article points out, the Swiss Mutual Fund has
absolutely nothing whatever to do with Switzerland.




I hope this is ample enough evidence to convince you that there is no
such thing as the Swiss Mutual Fund or SwissCash.


However, if you need any additional information, don't hesitate to
ask...Just post a Request for Clarification, and I'm at your service.


Cheers,




search strategy -- searched Google and a variety of specialty
databases for [ "swiss mutual fund" OR swisscash ]

I also looked them over. Pure scam, stay away

Thank you for value information. I have some good hyip companies that seem very reliable to my vision. I like to cooperate with you and know your opinion of them. I have no experience in computer and would ask you to do DD of those companies: canadabank, aaamutualfunds, strategic-fx,
Please, inform me of your opinion --
Best regards,
Gennady

more scams--stay away

HYIP? All HYIP are 100% Scam. period!

I've been stay long enough on Internet since 1998 to see there are no 'Honest' HYIP. They all will gone with your money soon or later ....

http://en.wikipedia.org/wiki/HYIP

Originally Posted by Untara

HYIP? All HYIP are 100% Scam. period!

I've been stay long enough on Internet since 1998 to see there are no 'Honest' HYIP. They all will gone with your money soon or later ....

http://en.wikipedia.org/wiki/HYIP

If Swisscash scam why they get return payment sharply every month.???

they don't, only scammers push them to to fool others

Originally Posted by Unregistered

they don't, only scammers push them to to fool others

How about this....Is this look like scamm??

http://photos1.blogger.com/blogger/7.../SIP2006.2.jpg

hi there, my name is Julian Gan from Malaysia. I feel so glad that I made a 4 month research on these things before i finally chose a proper network marketing company to pursue my dreams. and thank you all very much for the info. one thing about malaysians, most here still have the "kampung" (small village) mentality, and they believe anything they hear. when they realise they got conned, they will be haunted by these bad experiences and shy away from good network marketing companies--many here have been involved with the swiss cash scam. when asked, i realised that none of them made any research at all...

and by the way, forget the BERNAMA newsletter, many here don't even read, think about newspapers...

All of those programs are scams and should be avoided in my opinion!