Ecommerce-journal.com
Dragonara.net
Perfectmoney.com
Panamoney.net
Stoic-Capital.com

There is a huge scammers network, which are trying to conquer all the hyip and ecurrency market.
Everything started with these scammers previous hyips, when they stole a lot of money and started Ecommerce-journal project. there was a first of this kind of website and it was very easy to attract and put bull**** in investors head about writing articles on other hyip websites.
their own hyip was not mentioned with a bad word on their website at all. only placed banners to advertise it.

also with the scammed money they started perfectmoney.com ecurrency project.

next step was ddos protection. they are also ddosers and collected zombies computers from previous hyip when they went to the end. now they use these zombies to ddos their competitors. also it is very easy to pretend that you are protecting website (which use dragonara) to start/cancel flood when you totally manage it. ddos protection is expensive business, and some websites pay up to $10,000 monthly for it.

now these scammers own panamoney.net and they are trying to make money gathering machine. when they saw that LibertyReserve website had problems, they are trying to use the situation and promote their own ecurrenty Perfectmoney.com , they also use this ecurrency in their hyip, and promotes it. ecommerce-journal writes only subjective articles regarding LR.

their system works pefrectly:
1. they have exchanger which accept Bank Wire for Perfectmoney
2. they collect all money to offshore bank account of exchanges.
3. people invest Perfectmoney to hyip. first ones gets withdrawals. Biggest depositors gets withdrawals to PM, and people keep money there, then these scammers suspends PM account and money does not go anywhere. other option is that hyip closes and PM account does not have to be suspended. Until hyip is alive and paying, they attract additional deposits-money to their scam network.

DO NOT INVEST in any of these hyips:
www.panamoney.net
www.stoic-capital.com
www.geniusfunds.com

if you get scammed a lot by these hyips, i guarantee that you will not find people who stood behind them, but you can easily find them by taking actions against Perfectmoney and Ecurrency-journal.

Scammers can build huge networks and make tons of money from their activities but just remember, the bigger they are the harder they fall!

I do not think everything is so simple here. In my opinion www.panamoney.net is real managed forex trading company but not scam. Here's simple proof:
- they show their course of trading in real time and it's proven to be genuine. I also discussed and consulted with several forex traders. They analyzed panamoney's real time trading chart and confirmed the same.
- www.panamoney.net is really registered Panamanian company - I made personal due diligence with Panamanian Public Registry of companies
- I also checked their business license with the Ministry of Commerce and Trade in Panama and they confirmed that this company is allowed to manage third party funds and to trade on forex. The license can be downloaded at their website.
- the company accepts bank wires to their personal corporate bank account but not to an exchanger's account
- they own real office and they do not hide their phone number and fax number.

I have a managed forex account with www.panamoney.net for quite a long time and it's rather big, actually the biggest in my investment portfolio. I also want to add that their customer support is very quick and awesome.

Regarding the same IP range with other websites - it's normal when using ddos protection. As far as i know blockdos has hundreds of clients and most of them have IP addresses in the same IP range. Every computer literate person knows that. So I believe all these websites are run by different people. The only connection is that all of them are quite popular because of advertising at this forum

I'm also not very much satisfied with all the e-currencies available on the internet market nowadays and prefer to invest via bank wire. No one knows what will happen to liberty reserve or perfect money.

All of us saw how e-gold, e-bullion, altergold and others simply vanished from the market.

I do not even understand why reykjavikk united several websites. What criteria did you base on?

As far as I know stoic and genius-funds do not have any licenses and do not provide any trading proof.

I think my opinion will be also helpful for you to better understand the situation.

This post has been edited by Simu: Mar 16 2009, 05:27 PM

oh my... if this is true i dont know what im going to do. can anyone confirm this!?

can we really trust anyone?



Thats why all i will trade with is Alertpay as they are the only company that have been around long enough and have proven to give money back to HYIP investors that have lost their investment due to scams.. etc.

and plus i personally know someone who works for Alertpay so it makes me feel better knowing a simple phone call can clear things up.

Though the only downside is VERY few HYIPs even accept Alertpay.

This post has been edited by plexxity: Mar 17 2009, 08:47 AM

yes, AP even it has lately some issues is more stable than anonymous e-currencies. personally i use much the solidtrustpay also. i have a stp debit card and till now it works fine on atm

Those are some huge allegations that you haven't backed up with one single piece of evidence.

yea show us some evidence please.

Interesting!

Where is the evidence?

Im some kind of agreed with you . not fully as you dont provide proofz but that's a true that Ecommerce-journal.com and PM and these Hyips have relation , I dont say fully . but i trust 50% . that they are same and Bigger scammers . It's full true that they are attacking on LR just to promote PM nothing more than it .

Ohmmm.....there could be some truth to that.
They may perhaps be working in unison, to attack LibertyReserves's reputation,
in order to elevate 'Perfect Money' to the throne of King of E-Currencies.

I cant proove that ecommerce journal and the others sites mention here are partnert, what I really find disgusting is the way this online journal writes. I checked some information which was not true. I just think how people can believe without being sure of the truth.

which HYIP is using Alert Pay?

There's more information about these guys here: http://goldage.net/forum/showthread.php?t=106868

great hanks for info

Are any of the programs currently listed under HYIP affiliated with this "scam network"?

ELECT