Is genius funds gone scam

@myl999 (2093)
India
March 18, 2010 11:40pm CST
after so much waiting I was about to invest in this site because everyone rating this a number one but when saw my friend investing $300 through alertpay and then did not see the money to his account and the site is down till then and the money is also not returned yet am very sad ...because hoping to make some money with hyips and this was goining to my first venture...so friends what is your opinion?about genius funds, hyifunds
5 responses
@topffer (42155)
• France
19 Mar 10
Live phone support is still there and ask to wait until next monday. Their problems with the authorities at Cyprus blocking their bank accounts will probably not be solved next monday, and I doubt that they can find a bank partner in another country in a week. So, it's probably the end.
@myl999 (2093)
• India
19 Mar 10
Thanks top for responding and with the great news but please explain what do you want to mean when you said its probably the end mean the problem or the site..actually me too worried..
@topffer (42155)
• France
19 Mar 10
Well, they need a miracle to reopen : all their working money is blocked and they can't work anymore in Cyprus. It's not an ordinary scam : they are victims of bad circumstances. We have to wait and see if they will pay back investors.
@ybong007 (6643)
• Philippines
19 Mar 10
There was a discussion here yesterday about genius funds being suspended because of its legitimacy in its very own country. I think those who are planning to invest on HYIP should think twice because these sites are not stable. Other who've been successful in these sites use a "hit and run" style where they invest and withdraw after getting some profit. But don't take my word for it because i never invested in these sites.
@myl999 (2093)
• India
19 Mar 10
Thanks for posting, I appreciate your response too because every word counts and we learn from it, we also never tried hyips but when tried for first time this happened but someone said everything will be ok by monday so may god be kind to us and everything from genius ends is solved.thanks again.
@myfb2009 (8296)
• Malaysia
19 Mar 10
As for genius fund, i think it's gone since it had been a few days passed and still unable to access this site. Although i don't invest much here but i haven't fully recovered my deposit yet. I am sad to see this site had gone after receiving very high rating from investors. It's good if the admin willing to refund back our money but it's just a hope. As for hyifund, it's still doing fine and i still received my daily withdrawal from it without fail. It's good to see this site is still paying after recovered from the Ddos attack. But, better be careful, don't invest too much into any hyip site, as we never know when they will turned scam site.
@myl999 (2093)
• India
19 Mar 10
Thanks for posting actually this was our first venture with hyip before I and my friends never tried this and when decided to do this problem happened so sad..but what to say..we can do nothing but got a big lesson..thanks again.
@lindiebiz (1006)
• Canada
19 Mar 10
Hi I am really shocked that genius funds is down in spite of the ratings it has as number 1. Hyips are a big risk but we still take them anyway i the hopes of getting more money. However, I have learnt a trick to this, that is invest, when you money grows, withdraw your initial investment and leave your profit to grow if the site continues. That way, you would not loose.
@myl999 (2093)
• India
19 Mar 10
Thanks for responding and the trick is with me too but this trick will not do any good when you invest for the first time and the best site goes down.. actually me and two of my friends decided to invest in genius funds this march and my friend invested $300 through alertpay on 6th march and since then the site is having problem and interestingly the site did not accepted the receipt of the money sent neither returned the same when alertpay confirmed the payment been made, so I stopped there and now wondering whether to search for an alternative or not.
@rhya08it (87)
• Philippines
19 Mar 10
i think genius fund is a scam to the sense that if they will let there site down for 24 hrs or more they will lose a lot of money or income..so its common sense a good site will not let their site down with that long.