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| YMMSS/STA Complaints Discussion about YMMSS/STA (Your Money Machine Success System/Success Through Advertising) HYIP fraud. |
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#21 |
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Where does Kim Inman live---? And where is he now?
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#22 |
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Thanks Cherly and all. So I have added all my intgold purchases decducted the tiny amount paid as income but what about the ones I repurchased out of my account.Example I bought many 10s from my acct balance? Could I count them even If they dont have an intgold number then?
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#23 | |
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Veteran Member
Last Online:
11-12-2008 10:34 PM Join Date: Feb 2007
Posts: 80
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Quote:
Sorry, but NO. The amount of your claim can include ONLY real purchases - in your case, those made through your Intgold account - from your own bank account or credit card. Adding "virtual" purchases would be considered as "padding" your claim. We don't want to give WLD any reason to doubt our credibility. ![]() |
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#24 |
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Veteran Member
Last Online:
11-12-2008 10:34 PM Join Date: Feb 2007
Posts: 80
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#25 |
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#26 |
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Veteran Member
Last Online:
11-12-2008 10:34 PM Join Date: Feb 2007
Posts: 80
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Last edited by YMSurvivor : 04-05-2007 at 05:26 PM. |
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#27 |
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#28 | |
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Veteran Member
Last Online:
05-19-2007 07:59 PM Join Date: Dec 2006
Posts: 30
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Quote:
Agreed! If your account was set to repurchase, you can't count those particular purchases as part of your loss. If you had taken that money as a withdrawal and then make a purchase, it would count, but you would still have to subtract the withdrawal from your loss total first. I know it's confusing, but YMMSS gave inflated info for years telling how much money was spent out to members. They never actually put that much money into people's hands... majority of it was set on repurchase. We can't commit the same error as the fraud did. We can only claim money that was transacted from our actual possession and control. Remember when YMMSS was advertising that they had paid their members $34 million dollars? They never did... that was mostly paper numbers of positions set to repurchase. The actual amount of money paid into the hands of members was much smaller. They depended on members automatically repurchasing to keep the ponzi running as long as it did. When the cycles extended past 90 days and the worried members began more claiming by website, the cycles extended even more as the money began to actually be paid to members rather than repurchasing more positions. Last edited by cheryl20772 : 04-06-2007 at 10:26 AM. |
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#29 |
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#30 |
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Veteran Member
Last Online:
11-12-2008 10:34 PM Join Date: Feb 2007
Posts: 80
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Re: Fraud charges against Kim Inman
Tommy, you have to click the link and enter your info in the webform. Also, I would remove your personal info from public view.
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