Wealth4allteam is already gone but they are putting up Genesis.

Philippines
September 17, 2012 3:54am CST
I am one of those who are really excited in joining Wealth4allteam and I really thought the site would stay for a very long time, but suddenly the owner announced that the site is no longer functional and they are now putting up a new site called Genesis something. ONe good thing about the owner of Wealth4allteam is that they promise to return the money of all the members as they claim they did in the past, and do it within 5 business days. If they are able to do as they promise, I would say they are very good owners and company and I would then support their next project because I felt if the worst is to happen, I would be assured that my money would be returned to me. How about you, how do you feel about Wealth4allteam and do you have some idea what will be the next site they are putting up?
1 person likes this
4 responses
• Philippines
17 Sep 12
Whoa! I am about to try to join in there. But that development is sure a red flag for me. Now I have to look for other investment sites which pays through Paypal. Maybe you can suggest some other sites? Or maybe I can try that Genesis thing and be one of the first few members to have the upper hand.
1 person likes this
• Philippines
21 Sep 12
Yes, sad to say most of the sites now that requires investment doesn't allow paypal payments. I shifted using more of my Payza and Egopay account. I feel these two are some of the most useful payment processors now besides STP and Liberty Reserve.
• United States
25 Sep 12
I have never invest any money online because i am so scared of being scam. If I make enough money online I would not mind spending some on investment since I normally dont cash my online earning I just save it up . Betterdays keep us up to date .
• Chennai, India
17 Sep 12
Investment sites and paypal don't go together generally. There is one site which accepts paypal now, but I don't know how paypal will behave once they cross the transaction limit. (Whenever the transaction crosses $3000 or $4000 paypal takes up a review of the site. And if they find anything suspicious, they either freeze or just close the account.) Well, the site is ParadoxCash. If you have any questions, ask our fellow mylotter MysDianait. She knows it better.
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• Chennai, India
17 Sep 12
I really don't get any idea why they are closing. Has it gone beyond control or couldn't they manage? And what they would be paying back, members' earnings or members' investment only? Whoever put their efforts on W4A has been wasted. If I were you, I won't be joining them again.
@aman1981 (793)
• India
17 Sep 12
Well where i know the legal adviser tell him to close the site, as site revenue depend upon the person by person, as more the people join the program this money spread into existing members and site had no other way of revenue to sustain, so now they have fully close the W4A and as admin clear that the new person who just join the site with 1 month or 3 month times had received his full amount of money invested by them also some part of bonus may be include with this money.. on the other hand old person who already in profit admin clear him only return the money they invested and last if some bal amount is still in hand they may distribute with them.. well new project may be launch soon, and its look like SFI way may be...
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• Philippines
17 Sep 12
Come to think of it, I don't see the sense of closing a site which is doing well either. I would of course be hesitant to join their next project because of what happened. Anyway, if they are able to give back all my money, this would be the first time that would happen to me because all the sites I joined before that suddenly closed had not done what Wealth4all are planning to do which is return your money. For me, that is one good sign that the company is worth giving one more chance, and if the system of their next business seems like a good one, I would invest there but not the same amount as I invested in Wealth4allteam which totals $202 when I bought 12 Taps in Tap 1. I do hope they return all of it and hopefully some of the profits I could have earned from them.
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• Philippines
17 Sep 12
Well I think SFI has a good reputation so it won't be a problem to me if that would be the case.
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@camalich (1117)
• Spain
21 Sep 12
BetterDays: have you got the last update? Wealth 4 all is re-opening in about 3 weeks time! Hope they manage to do so! It would be really awesome ;) I'm also expecting to get some news about this Genesis project they are working on. Hope we get some more info about it soon :)
• Philippines
28 Sep 12
Yes, I have heard about it camalich and I'm so relieved about that news it placed me in such a great mood :) Seeing on how the company and the people behind Wealth4all handle the situation made me only believe more on them, so I'm also excited to see what Genesis could offer us :)
@joliefille (3690)
• Philippines
18 Sep 12
I was at TAP-1.8 when they announced that they would be closing the site. I found their email communication to members sincere. They did not want to close the site down but passive income streams like theirs just like what happened to JBP transitioning to PC, have been under scrutiny, because it is required their program must be legally compliant, ergo, they must have a product to promote. Project Genesis will probably involve a product, probably digital or something. No word yet from them on what Project Genesis will be about. I will stay tuned and see in the coming days if their Project Genesis sounds good. Otherwise I may just invest in offering goods and services in my local area as that is still the legit way of earning money.
• Philippines
18 Sep 12
Yes, we are suppose to hear from them soon within this week and the most is this coming Friday...I hope! When they return our money and they introduce their new site to us, I would still check it out and see what it's all about. Maybe, just maybe I could still consider investing just a little there if the project looks good.
• Philippines
21 Sep 12
That is a good point, venkataraman. Although I feel that they didn't intentionally close the site but due to some legal issues against their will that caused them to close it. I would agree that it's better to wait before joining them again and see how it goes to those who joined their new site.
• Chennai, India
19 Sep 12
I saw somewhere that they've already did a similar closure back in December. This is second time. In my opinion it's not a trustworthy deal. They launch a project, members put their efforts and finally when members think they can see profit, these people close it. What's the use of joining their new project? Again they may close it one day. (It is better to wait for few months before joining their new project, at least.)