Tuesday, December 05, 2006

swedenfund.com, another scam?


A guy named Kev has sent me this info. It definitely smells like swisscash.

A check with whois.net
http://www.whois.net/whois_new.cgi?d=swedenfund&tld=com
reveals:

Domain name: swedenfund.com

Registrant Contact:
Skynet New Media Inc.
Kent Fanuzzi (info@skynetnewmedia.com)
+1.9053611299
Fax: none
4316 Village Center Court
Mississauga, ON L4Z 1S2
CA

Administrative Contact:

Chris Lim (info@skynetnewmedia.com)
+1.9052734718
Fax:
3665 Arista Way
Mississauga, ON L5A 4A3
CA

Technical Contact:
Skynet New Media Inc.
Kent Fanuzzi (info@skynetnewmedia.com)
+1.9053611299
Fax: none
4316 Village Center Court
Mississauga, ON L4Z 1S2
CA

Status: Locked

Name Servers:
dns1.name-services.com
dns2.name-services.com
dns3.name-services.com
dns4.name-services.com
dns5.name-services.com

Creation date: 06 Nov 2006 18:34:23
Expiration date: 06 Nov 2011 18:34:23


=-=-=-=

And interestingly, the server is in Hong Kong (www.ip2location.com)

IP Address Country (Short) Country (Full) Flag Region City ISP Map
219.90.112.203HKHONG KONGHONG KONG (SAR)HONG KONGSUN GROUP (HONG KONG) LIMITED

They do have referral system in place, to help them get more people in. By getting more people in, the fund size will grow, and they will pay up the initial guys who joined in, thus making it like real. Just like ponzi scam.

So guys, don't fall for this trap. You have been warned. Tell your friends about it.

We don't want another swissCash to happen.

17 Comments:

Anonymous Anonymous said...

What happened to Swiss Cash actually? Has Swish Cash cabut... or still paying out to the 'investors'?

8:07 AM  
Blogger Steven Yip said...

If you read the news, a few top guys for SwissCash in Malaysia got busted.

It was big news in Malaysia for a few months.

7:35 PM  
Anonymous Anonymous said...

hi,

i'm one of the swisscash investor. Yup, I'm malaysian. FYI, till today we still received the payment. No prob. What was really happened to a few guys that called their self as a 'Datuk', they collected certain amount of money from people but do nothing. They're not related with swisscash. These 'Datuk' claimed that they're swisscash agent but the real thing is swiscash don't have any agents. So.. what happened to swisscash?? Nothing.... Payment?? swisscash investor still received as promised...

8:17 AM  
Blogger Steven Yip said...

hi anonymous above,

Well, could you show us then your payment slip for those.

Anyhow, swisscash business is deemed illegal even by their embassy. And it's funny you stated that you still receive payment.

8:51 PM  
Anonymous Anonymous said...

i didnt read much concerning abt this Swiss Cash... what is it abt? same as LB? or some network marketing related?

tHanks
-madame_prestige-

5:06 AM  
Blogger Steven Yip said...

swissCash is not really like LB....it's basically a system to hoard lots of cash from people joining in...then pay the early ones.

But Lampe Berger is playing the product game, which is just an excuse to legitimate the recruiting game.

Cheers

11:35 PM  
Anonymous Anonymous said...

wow.. is that true their own Swiss Embassy deem Swiss Cash is illegal? But from the looks of the situation here, the members still getting $$ every month.

12:28 AM  
Blogger sam said...

Thank you for the latest post. really learn alot from it. keep on blogging. ANTI LAMPE BERGER!!!!

1:32 AM  
Anonymous Anonymous said...

thanks... it's nothing but a world of conning... haha

-madame_prestige-

10:52 AM  
Anonymous Anonymous said...

time for antiswisscash.blogspot.com soon! LoL

4:37 AM  
Anonymous Anonymous said...

Hi Steven!

I've been looking for this sort of website for a long time....cldn't find one earlier in google & so was influenced to join LB & by then i had already pumped in the RM2345.00 & the RM30k.....wished yr website was easier located earlier.

anyway, the good news is i got my 90% refund before the 6 months lapsed & actually lost RM7k in the process.

U r right.......this program is a cult brainwashing machine.........i've been to their NDOs at posh hotels (paid RM100 for that ~ sheesh, come to think of it, what a rip off), seen so many immature kids flashing their "borrowed" Mercs, Beemers,etc..with their stupid suits.....after reading posts in yr website & reading those LB supporters in their harsh, immature, skimpy kindergarten language...its all becoming to unravel.....the true colors of LBers.

People, trust me, i was an LBer before, attended many NDOs & paid the RM30k & lost RM7k in the process.....believe me, this whole SYN & LB thing is such an elusive scam, u wldn't realise this until its too late.

If what u say is true abt them now targetting our muslim friends, then i hope the authorities will finally clamp down on this program.

BTW, Steven, another reason i love yr website is i am a BIG fan of that "Frederick" guy......man, he shld really apply for a job at Comedy Central or The Tonight show with Jay Leno. whenever i need some cheering up, i know where to go now.......Frederick's at Steven Yip's website!

9:10 PM  
Anonymous lpmike said...

harlo... all my frend join the sweden fund but get money meh... wht hapen ecly is it??

2:10 AM  
Anonymous BenT said...

All these feedback from 3rd parties and not one that is actually from SwissCash or Swedenfund that has NOT received their money. LB is a liscensed MLM company, which had made it clear that you will make money WHEN YOU SELL. If you can't sell, you have nobody to blame.

Eventhough im personally not clients of Swiss Cash or LB, but I do have trustable friends that are in it. I do not believe that it is fair to spread negative speculation about companies which obviously havent cheated you of anything.

To prove a point, put in USD10 (if thats your risk tollerence level) and then you can testify when you do not get your money back.

Different Men Choose Different Paths up a mountain....Then there is the man that stays at the base that runs around telling everyone that their path is wrong.

Cheers
-BT

8:54 PM  
Blogger crashtec said...

My friends are in www.swedencash.com and they're doing quite well. I just joined yesterday.

The thing about stuff like this is, they work but usually only in the early stages. Companies like QuestNet show that these things can work.

Now if you actually read the privacy policy in these websites, you'd notice they have a common sentence in them "we are not liable for any losses the user obtains".

It is not a guranteed return, much like any other investment.It's how some of the "investors" relay the message wrongly to their "victims" in hopes of gaining their profits(swedenfund has a 5-25% referal bonus similar to other programs). This is a high risk investment where you may lose your money.Your main worry is when you have 10000 points in your account, should you keep it there? thats RM38k. greed is good. or not....

The safest way to play these games is to know when to get out of it. Don't leave billions of points in it without taking them out in hopes of making a 1000% return. You'll lose your money. Greed is the main cause people lose their money in these programs.

Same as all those who visit Genting and come back with no cash in their wallet.

In www.SwedenFund.com, returns are based on how much you invest, AND unlike LB there isn't need for continuous investment. You can put in RM38 for one unit and leave it there till the contract expires which is 9 months per investment, use your returns and previous capital to reinvest for another 9 months. Keep that rolling and in time, you'll get your RM 38 back and you'd be rolling free cash. SO if you DO LOSE money, you'd be losing virtual money, not your own anymore. If you're nervous of keeping so much money in there, draw them out as you get them, no problem.

If you keep taking out your cash from day 1, you still get your capital back at the end of that investment. With no returns ofcourse.

Besides, www.SwedenFund.com pays daily and you can retrieve your cash DAILY, transfered into your MAYBANK or PUBLIC BANK accounts at NO cost.

This is done by an independent company in malaysia that converts and transfers funds to your account for you.

Means u can withdraw your earnings at anytime, at any amount at any given time. Payouts are 22 days a month(they exclude sundays and alternate saturdays for payouts).

I'm not promoting this program, but i think you need to know how it works before you start condemning it though.

My brother was in studiotraffic, and he made his money and left before it closed down.

My friend in Swisscash is also earning money, after 9 months in it. Not much, a measely 45USD, but its still cash.


They all worked, just not for some people. If you really want to make money, buy unit trust or trust funds or just get insurance. Some of them have high risk, high returns, some have low risk guranteed low returns.

It's all the same, the money game is about risk, you wanna take it, prepare yourself for your consequences. No one asked you to invest your life savings in it. Put some extra cash in it and toss it around. Invest in more than one program, don't put all your eggs in one basket.

I can tell you this though, the maximum lifespan for these programs are usually 2 years from the start of the company, thats where they usually reach the peak of their income and take the money to use it for something else, then close the current company. Make the most out of it and pull out then invest in other programs that come out.

Scam? i really think not, its how you play the game that divides the rich and the poor.

my load of 2cents.
brianchan

11:36 AM  
Anonymous Anonymous said...

Hi all, really thks for the posting. Learn a lot from u all. Actually i dun really know what is LB or swisscash. I just joined the swedenfund.com in singapore recently. Quite worry about it initially coz seems no such good thing huh? Anyway, just give it a try loh. But it's really scaring when hear somebody say that the swedenfund is kind of fraud. Somewhat, i agreed with the point quoted by crashtec coz it's true that greedy make u lost everything. Of cos, if u got extra money, no harm to try lah but if u scare or worry then beta dun join ya.

8:10 PM  
Anonymous Anonymous said...

hi i wanna know if there is enyone who has gained more than his initial investment in swisscash? fore example 2 or 3 times more than his investment ? and i wanna know the date of these above comments.
thanx for your help.

4:31 AM  
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2:22 AM  

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