The Wild Wild Web (WWW)is never short of scams. This morning, when a friend reffered me to a website www.gcgold.com offering $20 USD e-gold for new account registration, I was hesitant, but chose to give it a try, out of being inquisitive. The website looks every bit very professional and convincing (many scam websites do), [...]

It has always been a matter of debate, especially amongst e-currency newbies, as to whether HYIPs are scams or not. According to Wikipedia: A High Yield Investment Program, or HYIP, is a purported investment program normally offered via the Internet. HYIPs typically accept investments of $500 or less while promising high returns. No HYIP has, [...]

Someone please tell me this is a joke: EFCC, ACTON ban night browsing In continuation of the fight against cyber crimes in the country, the Economic and Financial Crime Commission (EFCC) and Association of Cybercafes and Telecentre Operators of Nigeria (ACTON) have finally banned night browsing at cybercafes, nationwide… Who endorsed this? President, ACTONigeria, Mr. [...]

12dailypro’s current situation While not admitting or denying that she’s been running an illegal Ponzi scheme for nearly a year, Charis Johnson did agree today to turn over her business to a court appointed receiver. In a consent order signed by her attorney, Noell Tin, Charis agrees to an order freezing assets, requiring accountings, prohibiting [...]

12DailyPro has been shut down by the U.S. Securities and Exchange Commission, according to Reuters. The company has agreed to pay its “investors” but blames StormPay for holding its $50 million. e-gold would be smiling by now because 12dailypro stopped using e-gold just a few weeks before it was shut down. Read on… SEC shuts [...]