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Swiss Cash
Swiss Cash
We came across Swiss Cash and Swiss Mutual Fund
through e-mail ads. We decided to look into this as a possible
legitimate money making scheme. We did not find anything suggesting
these are worth your time.
There are various Swiss Cash or Swiss Mutual Fund
oriented websites promoting that you can invest small amounts of money
and make as much as 20% a month interest on your investment. They even
show you their strategy of how your funds are invested: oil
exploration, Shipping and agriculture in the Carribean for example.
That sounds very possible and enticing, but we also found this:
HYIPBLOG for example had a post explaining how at
least one Swiss Cash site was found to be a scam by the Malaysian
governement. The individuals involved were obviously shut down and
legally reprimended. The report further stated that a lawyer,and other
business persons invested large sums of money and subsequently lost it
all to this scam.
One site promoting Swiss Cash, at 888goldcash.com
claims 300% in 450 days on your invested money. This site according to
Alexa.com has been online since about Oct 2005. We initially saw that
as a positive as the HYIP's that stay around the longest tend to be
more on the legit side. However Alexa is only a quick check to see what
we can conclude about a website's existence.
Another site was eswisscash.com. Again Alexa says
around since May 2006.
We found no positive information that would say
this Swiss Cash or Swiss Mutual Fund scheme is real and your money is
safe if you invest with anything that says "Swiss Cash". Possibly the
lure to being as like a Swiss Bank Account as many of us have
heard about is what tends to draw the unsuspecting investor to put
their money into these schemes.
We'd gladly change our review if we hear from
anyone that is involved in this type of system and has actually made
money over a length of time. Most HYIP's go under in a few months to
maybe a year or so. In that time they swindled a lot of money, sadly.
We do not suggest Swiss Cash or swiss Mutual Fund
investing.
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