Hello everyone,
By big disappointment came this Wednesday, two programs from DavidNews.com sticky listing stopped paying, I do not think that both programs was somehow connected, but anyway it is really sad and I was expecting way lot more from both of them
Later when Wealth Groups was already was already running for some time I found out that actually they were running same script as "Oil of Asia" in 2013, as you may remember - it was big hit and worked for some descent time. Yes, maybe interest was too high, but advertising was also big, so I think many people were involved with Wealth Groups and I truly expected that they will run way longer and it is big disappointment not just for me, but also for other players, because no one made profit with them.
On the other hand Elite Wealth Fund was quite different story (also no one made profit) and there was chance for it to become popular because of quite well made investment plans. While Wealth Groups admin just stopped withdrawals Elite Wealth Fund admin just decided to remove withdrawal section from his program. I think the reason why they scammed is because they were just waiting for some huge deposits in last investment plan, but I can be wrong with this. Maybe there is some different reason behind this, but this program came also as big disappointment, because I did not saw any problem with it to pay at least till "principle back" for first plans because ROI was quite low.
Main problem in our industry is that you can't really predict how long program will last even you know that there is experienced admin behind it, like in Wealth Groups case. Again, it turns out that HYIP is more or less just gamble and you can't really predict anything.
David
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