Thread: Is This Fraud ?

no payment or replies to my emails for over a week now

looks like ys_admin has abandoned us and left the programme running on auto

seems that new members can still join though

there must be a law against this

is this fraud ?

Originally Posted by grimble

no payment or replies to my emails for over a week now

looks like ys_admin has abandoned us and left the programme running on auto

seems that new members can still join though

there must be a law against this

is this fraud ?

Admin has posted news on the site Oct.21.

Admin has not abondoned...no new members can join...this is not fraud...monies will be refunded.

just tried to withdraw several times from $5 to several hundred

nothing happened

explanation, please !

Originally Posted by grimble

just tried to withdraw several times from $5 to several hundred

nothing happened

explanation, please !

Re-read the update.

Latest News from YSadmin

October 21, 2006
It was a long time since we posted the last newsletters, but dont worry, we are not gone. We are just trying very hard to recover the losses.
We need to recover more than 260 000$, and it is a huge work considering that we had a very small capital to work with.
We are also working to open a full legal registered company. We tried here in Canada but was not able because of the nature of our activites, We have no choice to go on offshore territory, but it will take more time.
Also, because of all these delays and problems, we decide to not restart YS, and put all account in refund. So we will stop, starting tonight, to give daily interest, and we reopened withdrawals on principal, profits, and referals.
Withdrawals will work only when there are money in our E-Gold account. We will put some regularly, depending of the amount we earn on our recovering plan. So just try to withdraw some time to time, and you should be able to recover all your capital in the next weeks.
We are very sorry for what happened. We probably started this program too quickly, without having all nessary knowledge and experiences. However, we are with good faith, and we will do everything we can so that your capital do not disappear. We made good trading investment, and we simply wait until the capital necessary for the refunding of all the accounts arrive in the long term.
Thank you for your patience.

September 18, 2006
We received the new script 2 days ago. We are now testing all the features to see if all is working properly.
The work is a bit longer than expected, but all is going well.
We also recovered our E-Gold account. We invested the money to recover our large losses, due to the hacking attacks we had. As soon as we have all money for your accounts (if the script is ready), we will restart.

Originally Posted by himalayan

Latest News from YSadmin

October 21, 2006

. . we decide to not restart YS, and put all account in refund. So we will stop, starting tonight, to give daily interest, and we reopened withdrawals on principal, profits, and referals.
Withdrawals will work only when there are money in our E-Gold account. We will put some regularly, depending of the amount we earn on our recovering plan. So just try to withdraw some time to time, and you should be able to recover all your capital in the next weeks.

chicosan, please reread my post and explain why i can't even withdraw a mere $5

this is looking like more deception from ys to keep us quiet

Originally Posted by grimble

chicosan, please reread my post and explain why i can't even withdraw a mere $5

this is looking like more deception from ys to keep us quiet

I did re-read your post.......re-read himalayan's post....

"Withdrawals will work only when there are money in our E-Gold account. We will put some regularly, depending of the amount we earn on our recovering plan. So just try to withdraw some time to time, and you should be able to recover all your capital in the next weeks."

It's not that difficult to understand.... As YS receives interest funds from his current investments, he will make them available in the YS e-gold account for withdrawal.

chicosan, surely even you don't think there is nothing available for withdrawals at the moment

you can't be that naive

this seems like another move to shut us up

has anyone made a successful withdrawal since the latest announcement ?

and why don't they answer emails if they are so genuine and professional

Grimble, I have also made numerous unsuccesful attempts at withdrawal. But I think we should be patient, and trust this admin, as he has made many attempts to try to salvage our investment. No other investment company even suggested a refund.

Still receiving interest payments. Anyone else?

Hope admin removes 25% withdrawal fee on principal soon.