It sounds like an HYIP... and its probably a scam just like most of them are. They always "look" legit.. and seem transparent with all docs to view online.. most HYIPs that looked legit are gone.. with everyone's money.. or gold, since most of those use Gold.. and look, now e-gold is screwed, everyone moved on to using other gold processors. Be fucking careful if you know what you're doing in that world, you can make money, otherwise if you don't know what HYIP is, do months of due diligence before "playing" those games or don't do it at all, you'll get burned.

:2 cents:

I Agree with Nikky, that is logical.

why the hell would someone need investment if he can get 24%? take a loan from the bank at 7% and then return it and keep the extras in your pocket? why would you involve others in something that is PURE profit according to you?

its nuts! such high percentage can barely be done by playing stocks.

sounds like a plot to scam people, i saw this shit happens 100 times, millionaires make huge funds to play in the fields of "gas or so" people invest and they run on them, and people loose all their $.

It sounds like an investment where you buy a bag of white powder from one person and sell it to another at a 24% markup.

Nah. What is not logical is the claims, or thougth process for those self employed.

1. You are not going to get 7% on a loan of that type. Whether borrowing on a personal leve, or for business purposes.

2. Add in credit rating. Not everyone is in the 700's

3. Not everyone is a home owner, or has a car, jetski, etc paid off to use as collateral.

4. If you are ACTUALLY IN THIS BUSINESS full time, then you are self employed. If you do not have hard assets, you will have to have your accountant work up a year to date of your business. You will need a minimum of two years of tax returns. Maybe more docs depending on bank, or credit union.

5. The credit crunch, and some banks not giving loans of this nature.

What I always find humorous in these threads are the amount of GFY millionares speaking out of their asses about how easy it is for EVERYONE to just go walk in the bank and grab some unsecured debt/loan at a killer interest rate no questions asked.

It's bullshit.
:2 cents:

24% for just writing a check is insane. Does this have anything to do with Nigeria?

I know of someone who thought she was investing $15,000 at a high rate of return. She knew someone else it was working out for, so she went for it.

The payments came for a few months and then stopped. From the looks of things he was making good on initial payments to get his name out there before disappearing with the investments.

http://www.gofuckyourself.com/showthread.php?t=833427
http://www.gofuckyourself.com/showthread.php?t=831434
http://www.gofuckyourself.com/showthread.php?t=832027

http://img01.picoodle.com/img/img01/...nm_a00e8d0.jpg

I'll bet you it's a plumbing business. I hear they are raking in the dough nowadays.

:GFYBand:karaoke:laughing-

this deal is no worse than many of the equities or and bonds that have been pushed by wall street...............

maybe its the hedge fund guy that makes 866% on money so he can easily give you 24%

24 is high, but could be possible in some countries. Then again if the person is in those countries, good luck getting your money back if they decide to screw you over :upsidedow

If you want to invest here in Costa Rican in something guaranteed (by a non-Costa Rican company) at 8% (with possibility of making up to 12%) hit me up for details.

In brief, the loan is granted at 40% of the value of the real estate property used as collateral after it is appraised by independent professional firms and only "likely very liquid" properties are accepted. So in the event the guy doesn't pay his loan, the property is sold and you get your 8% no matter what. If the property cannot be sold quickly, the owner guarantees the money with his own personal funds.