Making Money Online: I Was Wrong
Copyright 2006 David Lumsden
I would like to apologise to 5 good, innocent decent people who
took my advice. Their names are John Bridger, Fiona Chapson,
Angie Perrin, Sonia Perrin and my best friend Graham Gardener.
They took my advice and invested their money in the 12DailyPro
autosurfing scheme. At this moment they have not lost their
money as such as the program is still operating, however the
maximum return they can expect is a refund of their investment,
but the minimum is nothing.
Do I feel guilty? By thunder Yes I do. They trusted me to give
them sound advice but this time I let them down.
Now there is a mitigating circumstance. I am not making excuses
but if you have got this far, please hear me out. 12DailyPro had
up until recently all the way from May 2005 paid out on time
every time.
Then a series of events occurred. The first one was surprising,
but understandable, there had been some difficulties experienced
by members about payments made from 12DailyPro to E-Gold
accounts. This was a time issue, not a non-payment one. However
12DailyPro told their members that they would no longer take in
payments from E-Gold.
With me so far? As a consequence members were told to either
switch to Stormpay or open an account with EMO. Many members
took this up and payments to 12DailyPro started to be made via
EMO.
To summarise, 12DailyPro continued to accept payments in from
both Stormpay (the majority of members processor) and from EMO.
Payments out would continue to both Stormpay and E-Gold until
all payments were fulfilled, then payments in and out would use
the Stormpay and EMO systems.
This was a shudder unlike the earthquake that followed and even
this started slowly. Stormpay told 12DailyPro that it would only
continue business with them if Stormpay became its sole
processor, otherwise it would shut its account.
Due to the large amount of funds held by Stormpay 12DailyPro
were forced to give in to this request. Members were informed
and it appeared all was settling. 12DailyPro would process all
outstanding orders via EMO, but would only accept new payments
in from Stormpay. And that should have been the end of it, but
instead the earthquake came.
This may not be based on fact, but I will try to explain it as I
see it. Stormpay froze the account of 12DailyPro AND many other
autosurf programs, such as dadndaves (a highly respected
program) among others. As the majority of American citizens use
Stormpay this caused a 'storm' of chaos.
The freezing of accounts stopped the payments out in their
tracks. The whole autosurf industry was basically grounded, the
fight with Stormpay with each blaming the other goes on
unabated, and the position is still unresolved.
To cut the legal side short, Stormpay say they are quite within
their rights as the Autosurf programs are either ponzai or
pyramid schemes and do not reflect the company programs put to
them when signing up with Stormpay. The Autosurfers totally
disagree, saying their programs were fully explained and
accepted by Stormpay. The legal battle continues.
But what about the investors like my friends and I, where does
this leave our investments and us? A scam is a scam is a scam!
What normally happens is that an autosurf or HYIP program is set
up, money is taken in, some given back, more join, more money
goes in and the website disappears. Scam over. A recent example
of this was 15DailyCash which came and went in 10 days!
So what is so different this time? Both 12DailyPro and dadndaves
are still here, they appear to be doing everything possible to
save their investors. (I have not taken you down the road to
what Stormpay appear to be doing with the 12DailyPro Stormpay
investors accounts).
Who is the guilty party? I wish I knew, both sides are blaming
the other, the end is not in sight yet. Who will take the hits?
My friends and me possibly, probably, but as yet not definitely.
The real answer looks like Stormpay, for if they have lost the
trust (even if unfounded) from the risk takers, their earnings
loss will be enormous. After all Storm pay's business is largely
based on the fees they earn.
My advice is simple. Let the dust settle. I restate what I said
before: Only invest what you can afford to lose. However there
is, yes there still is, one scheme I have the nerve to put to
you. It is called isurf2. To take a look, please click on the
URL below.
At present, it pays 15% daily for 10 days with you autosurfing
40 sites a day. The maximum investment is $200, which would earn
you $30 a day. Total amount payable would be $300. (I was paid
yesterday using a processor not called Stormpay!
Again, I apologise to my friends and hope over time I can
re-gain their trust and respect. Fortunately they have all told
me I have not lost their love.