great news for genius funds holders!
By goddey1
@goddey1 (129)
United States
3 responses
@tixepower (1195)
• Sweden
1 Jan 10
Yepp I also did it and received 15$ but couldn't withdraw so I invested them in shares a long term plan :)
@seacaucus4 (68)
• United States
3 Jan 10
The way it works is that it is a pyramid scheme. They pretend that they are international investors, but the ticker symbols they give do not exist on any world market. They are made up. They are not registered as securities brokers/traders, that's for sure.
HYIP's work by bringing in more money from new investors to pay old investors. Eventually the whole thing crumbles. And they are illegal.
@lorelai (1558)
• Italy
1 Jan 10
That's totally true. I did the same thing a day or two after Christmas. Considering the fact I haven't invested much of my own money in Genius because I have all of my money on LR and AP those $15 were really an amazing surprise. I am sooooo happy because I purchased shares so I get 6% weekly on those $15 too. Happy earning to everyone!