At least 11 people, including policemen, went to the National Bureau of Investigation on Monday, claiming they all fell victim to the “Francswiss” investment scheme, one of the pyramiding scams proliferating on the Internet. Ruel Lasala, chief of the NBI National Capital Region, said the complainants were reluctant to lodge a complaint against the incorporators and officials of Francswiss for fear that they too would become suspects. Continue reading
franchise opportunity Says: 7/14/2007 12:46:00 AM
I’ve been hearing a lot of buzz about this scam lately. At least the word is getting out on it I guess…
Anonymous Says: 7/14/2007 05:11:00 AM
Almost all HYIP are short terms and doesn’t last a few years – a recipe for a scam. If you’re usally one of the earliest bird, you get the biggest worm. The moment it become so popular it will be on it’s last days and close is imminent.
What drives really for this people to get into this kind of investment? Nobody will give you an incredibly huge 3% daily interest without the corresponding incredibly huge risk. Common sense was easily blinded by greed. People are very vulnerable to this get-rich-quick scams and they usually learned their lessons the hard way.
“Ang naghahangad ng kagitna, lahat nawawala”
- callcenter.mixph.com