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Foreign Fund Invitation Only!

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Posted by: noboundaries

I hope that I post this correctly, I don't want to be accused of spamming! If this is not allowed please delete.

Martin (Admin) was in chat today and basically said that the new offshore bank/investment program will be really soon.(days) The program will allow new members temporarily by invitation only!

I could post the chat log here but not sure if it is allowed!

With that being said I would also like to extend my gratitude to the caring and honest people here by allowing anyone interested to get there last chance at joining via my invitation link.

I posted the link in the Referral Advertiser Section under the same subject as this topic.

I believe that this program like some others are going be a welcomed change in HYIP's!

I hope this is ok, and hope it helps just one in there financial adventure!



Posted by: memorex

I would recommend holding off from any of the Foreign Funds ventures at this time

The real proof of the pudding will arrive in the eating ) I have been in the F/F since August 2003, but first they have to sort out their payments system.

They have had nothing but problems lately with this and it is ongoing, no matter how they cut it.

I think it is far too shaky, to forego anymore investment in the Foreign Fund, never mind their latest venture of a Bank.

They also have started to regulate their forum as their threads are all locked which is another bad sign .

People, this is from memorex if I were you I would hold off all investment with this for the time being it is as I have been saying for a couple of months now entering the danger stage of most collapses.
If anyone from the Foreign Fund wishes to give me a good reason
why I shouldnt give out this warning I am all ears.

regards
memorex



Posted by: noboundaries

:-s Wow set off a red flag........ I agree with you totally memorex, but as far as I know you don't have to make a spend to get in, why would you not sign up just in case all invitations stop?

I for one have never had one problem with them untill this last 2 weeks. Yes I admit it, but a-lot is going on also.

I must say that admin is still promt though, I got this email today from an issue I sent to them yesterday...........

_______________________________________

From: "FF-BANK" <support@foreign-fund.com>
To: ME........
Subject: RE: Auto Compounding Account
Date: Mon, 22 Mar 2004 16:59:50 +0200



Hello,



Will be confirmed,

Sorry for your delay, your account will be checked,

All members who currently are unable to withdraw funds or recently deposited to our e-gold account without using our automated interface will be able to withdraw freely once our DB is moved to First Bank.

All missing interest will be added to all accounts, please check www.ff-bank.com for our latest updates



My Best Regards,

Admin (Fady)

Foreign Fund

______________________________________________

On top of that admin (Martin) has made announcements in chat about the new bank. Martin Freely encouraged chat members to set up test accounts that will be deleted.

The test accounts were not secret I just happened to be in chat at the right time.

If any members from FFund would like the link to set-up a test account let me know and I will PM you. (I will ask for proof of membership first)



Posted by: xtraders

You could become member indeed, and dont have to invest something, only if you want to receive the bonus.
But what is the point in having a membership without using it?



Posted by: memorex

Quote:
Originally Posted by noboundaries
:-s Wow set off a red flag........ I agree with you totally memorex, but as far as I know you don't have to make a spend to get in, why would you not sign up just in case all invitations stop?

I for one have never had one problem with them untill this last 2 weeks. Yes I admit it, but a-lot is going on also.

I must say that admin is still promt though, I got this email today from an issue I sent to them yesterday...........

_______________________________________

From: "FF-BANK" <support@foreign-fund.com>
To: ME........
Subject: RE: Auto Compounding Account
Date: Mon, 22 Mar 2004 16:59:50 +0200



Hello,



Will be confirmed,

Sorry for your delay, your account will be checked,

All members who currently are unable to withdraw funds or recently deposited to our e-gold account without using our automated interface will be able to withdraw freely once our DB is moved to First Bank.

All missing interest will be added to all accounts, please check www.ff-bank.com for our latest updates



My Best Regards,

Admin (Fady)

Foreign Fund

______________________________________________

On top of that admin (Martin) has made announcements in chat about the new bank. Martin Freely encouraged chat members to set up test accounts that will be deleted.

The test accounts were not secret I just happened to be in chat at the right time.

If any members from FFund would like the link to set-up a test account let me know and I will PM you. (I will ask for proof of membership first)


I am not saying you shouldnt join the bank, if you want to sit and watch thats fine.

I am basically warning people about investing with a venture that hasnt got there act together in the basic steps of paying there clients.

There is also a problem in the F/F bank site when you try to sign up all you get is the privacy statement then it keeps on coming back and you cant sign up.

It is too sloppy by half, as far as I can see, they are trying to run before they can walk, is what it looks like and inevitably, they will fall over as everyone does who tries to do this .

regards
memorex



Posted by: talkback

Hi Memorex,

Re your comment below:

"There is also a problem in the F/F bank site when you try to sign up all you get is the privacy statement then it keeps on coming back and you cant sign up"



As far as I am aware, the FF Bank hasn't launched yet, so no wonder you can't sign up!!!

Thanks

David Brassington



Posted by: ditzydoc

You're more than correct Memorex. I've been with them since early October and have witnessed their weekly server and software problems and payment system fiascos. To top it off, my knees are red from begging for my interest each month (kneeling works - I get my interest each month).

As of 10 minutes ago all posts in the old forum have been deleted. Emisuz's were the first to go late last night. When trying to access the new "bank", it won't load. The new forum is down as well. I've only been able to acces their chat room once since it's inception, so I have no idea what's being said in there or if it's even accessible now. And if one more person posts that I should have "patience" and "all will be well when the new bank opens", I'll scream. Being busy with a bank launch since the first week in January is not a valid excuse, in my book

The absolute rudeness of their new Mods, and FF's lack of basic communication has left me with a very sour taste in my mouth. I stopped depositing additional funds mid February when the signs and problems became acute. It takes good customer service, common courtesy, and goods as promised to develop a successful and profitable business. FF, IMO, has been seriously lacking in all 3 since the first of the year.

It's nice having the few hundred in interest each month, but it's at the point where it's no longer worth it. If things don't look up by mid-April I'm closing out the account (after my knees heal, of course).



Posted by: candyisjoy

DD

Do you think we will really be able to get our money back out? If there is no place to log into it is going to be very difficult to make a withdrawl.



Posted by: ditzydoc

Quote:
Originally Posted by candyisjoy
DD

Do you think we will really be able to get our money back out? If there is no place to log into it is going to be very difficult to make a withdrawl.


The "old", original website hadn't shut down when I last checked. I could still access the site and check my balance. It's the new site and old forum that hasn't been working. Sorry if I didn't clarify that in my post.

As long as you can access the original website you should be able to at least request a withdrawl of funds if your month is up. All I know for certain is that I was able to successfully withdraw my interest this month. What happens next month is simply speculative. Keep trying the website and chatroom and hope for the best.



Posted by: memorex

And today there is a new dimension to not receiving your interest they are stating the following :
Quote:

This site is currently being updated. Please check back later.

We regret the incovenience caused.



There is something new causing a problem every day with this program, if its not a time limit on your withdrawals then it is another reason. Especially with payments? they can spam all they like saying how good it is or going to be , but there is something not right about this (SO BEWARE YOU HAVE BEEN WARNED)
regards
memorex



Posted by: candyisjoy

It would appear that they are still accepting deposits but not withdrawls.

There is a post from the admin on the forum.



Posted by: Integrated Investor

I was paid on time like all the time without any problems. This is for a withdrawal on the 20th of this month.

It seems as though some Foreign Fund members have problems, and others don't.

I do feel for you though as I'm in a program where I always have problems (Everlasting-gold). I think I've had to email the admin many times for about 10 or 11 missed payments. But he always corrected it except once. I let him slide and lost $6.



Posted by: noboundaries

Latest Update!!!

Posted: Tue Mar 30, 2004 11:25 pm Post subject: Latest update: Tuesday, March 30th, 2004

--------------------------------------------------------------------------------

ATTENTION ALL INVESTORS

This is for real people. Please watch for the 48 hour clock timer countdown. After the 48 hours there will be no more referrals and no more bonuses. At the end of 48 hours the bank will launch and the old foreign fund web site will be disabled for signups. This is becoming very exciting as we are coming to where we want to be in many of you have waited quite some time for something like this to happen. The staff at foreign fund have battled the fields with many of you people trying to make sure that you understand we are not going anywheres. We are truly here for our members and we will always be here to help you in the future with your bank problems.

Folks, take a deep breath and relax because you are about to embark on a journey down the road that leads to nothing but your success. There will be people wanting refunds and there will be people rethinking their refunds. We have worked hard to get to this point and soon we will be the only program of this kind that has ever taken this next step to launch its own very bank online. Not only will you enjoy the services that the bank will provide, but you will also enjoy your rewards for your investment in this program. The administration themes is very excited about making this happen for all of you. The bottom line is you cannot pass up this opportunity to better your life financially. The administrators will help you in any way that we can and that's a promise.

Finally, I am here to remind you that you will have the chance to select the administrator that you want to handle your problems. Once you have chosen your administrator it will be their job to take care of your problems. Please do not direct yourself to other administrators once you have chosen the one for you.

That's all for now folks. Have a wonderful evening or afternoon or morning. The next few days are going to be life changing for a lot of people.

Best regards
admin


If you want a refferal send me a PM.
You don't have to make a spend to become a member. I say get an account and wait a while before spending.



Posted by: noboundaries

Posted On The Front Page Of New Site...............

COUNTDOWN has started
8 pm CST March 30st
till he BANK is open
48 hour left to go



Posted by: ditzydoc

Quote:
Originally Posted by noboundaries
Posted On The Front Page Of New Site...............

COUNTDOWN has started
8 pm CST March 30st
till he BANK is open
48 hour left to go


This means it will open at 8 pm CST April Fool's Day?



Posted by: betrdanevr

Quote:
Originally Posted by ditzydoc
Quote:
Originally Posted by noboundaries
Posted On The Front Page Of New Site...............

COUNTDOWN has started
8 pm CST March 30st
till he BANK is open
48 hour left to go


This means it will open at 8 pm CST April Fool's Day?


Gotta hand it to ya, that was a scream! LOL

FWIW, though, the FF Bank forum is available now.

I've transferred my zero balance (old) FF accounts there, I *think*, and I'll see how it goes when they come up. I



Posted by: ditzydoc

Quote:
Originally Posted by betrdanevr
Quote:
Originally Posted by ditzydoc
Quote:
Originally Posted by noboundaries
Posted On The Front Page Of New Site...............

COUNTDOWN has started
8 pm CST March 30st
till he BANK is open
48 hour left to go


This means it will open at 8 pm CST April Fool's Day?


Gotta hand it to ya, that was a scream! LOL

FWIW, though, the FF Bank forum is available now.

I've transferred my zero balance (old) FF accounts there, I *think*, and I'll see how it goes when they come up.


What can I say. I couldn't help myself. The date is either a coincidence, a message to the naysayers, or a message to the supporters. It gave me a good laugh, though.

I transferred my funds too. Before they were transferred I took a .bmp "snapshot" of my back office with all funds and interest in place. Then, when I received the message that the transfer to the bank had been successful, I took a snapshot of that too. Past experience in communicating with FF support has proven to be much easier when I provide them with exact data. Being paranoid has a lot to do with it too. 8-[



Posted by: talkback

Hi,

I see the bank is to open on April FOOL'S DAY:

Hope it is only a coincidence!!! We will soon find out.

Anyone in FF GOOD LUCK, which includes me.

Regards

David



Posted by: noboundaries

Well the lauch has come and gone, and no new bank!
Admin says there was last minute security issues. Will not launch for another 12-24 hours. #-o



Posted by: ditzydoc

I don't know if I should laugh or cry (ok, I'll laugh). Are they joking? Was this meant for their original April Fool's Day launch date? Another delay tactic? This is currently on their website (If they aren't joking, you'd think they'd have thought of this a long time ago): ](*,)

Quote:
Bank Launch is about Completed
one small thing missing:
a way to mass transfer all those accounts
(last update 4:30pm EST)




Posted by: smilekid

oh man...i know...that has to be a joke. the latest update sounds positive at the forum...emisuz sounded a little uncertain in the one before last. all we can do is wait.



Posted by: memorex

Well the Bank is here and the account looks fine but for how long I do not know

Quote:

Thank you for opening a checking/investment account with First Bank.

We are striving to provide you and every customer with excellent
service. I appreciate the renewed confidence that you have shown in
Foreign Fund. I assure you we will do our best to merit it.

We at First Bank sincerely desire to be of the real service to you.
Feel free to call or e-mail us any time you need assistance,

Access URL: https://ff-bank.net

Cordially yours,

Martin W.

Director
Customer Service Center
First Bank

2503 Dickerson Pike
Nashville,
TN 37207
USA




Posted by: cyrano

Memorex,
try to withdraw your money =P~



Posted by: gilawang

Yep, I am feeling uncomfortable as I cannot withdraw my earnings

due to this and that and this and that and this and that .........

you get the drift !


I am not ineterested in their problems. ](*,) ](*,) ](*,)



Posted by: memorex

Quote:
Originally Posted by cyrano
Memorex,
try to withdraw your money =P~

I just withdrew my interest today 9th april 10.25 am Australian time and it was paid immediately into my
e-currency account no problem for me ??

regards
memorex



Posted by: ditzydoc

Quote:
Originally Posted by memorex
Quote:
Originally Posted by cyrano
Memorex,
try to withdraw your money =P~

I just withdrew my interest today 9th april 10.25 am Australian time and it was paid immediately into my
e-currency account no problem for me ??

regards
memorex


How would one go about knowing what their correct interest actually is? Or how to withdraw when the time comes? I've been a FF member since last October and I've never seen such a mess.

Since "transferring" my regular FF account over to the "bank", the interest stayed the same and hasn't increased one cent - and that was when I was actually able to access the new account. Haven't been able to access the account in days.

A few hundred dollars in monthly interest may not seem like a lot to some members, but it does to me. Count yourself fortunate that your patronage is more important to them than the rest of us who are waiting patiently with unresolved problems.



Posted by: gilawang

Memorex,

Please clarify if you withdrew interest from compounded or non-compounded account.

I usually withdraw interest on 28th of the month.

Don't see the logic why some can withdraw and some cannot.


Most of the withdrawals I see are for peanuts ( below a dollar )
Sometimes I wonder why they bother to be in HYIP at all.



Posted by: memorex

Look I withdrew the interest from my account and that is all I have done, You whomever, you are ,are in control of what you want to do.
I have no control over what you decide all I have successfully done is my withdrawal .
What you are doing is your business no hard feelings nothing but interest)



Posted by: candyisjoy

According to the Foreign-Funds site there have been no withdrawals since the 24th of March. It does not inspire confidence in the administration to hear that a select few may have been permitted to make withdrawals while no one else can.



Posted by: linkz

Maybe I can clear up some FF confusion from what I've learned (and I'm very hard to teach lol)

First thing, the original FF site is dead. You can log in and look ..... but nothing going on there.

Second, you MUST transfer the funds to the FF bank (where ever that may be) There is a TRANSFER TO BANK link in your members' area. I did mine over 2 weeks ago before the bank was online.

Third, apparently if you have a compounding account, you will NOT be able to withdraw until they get things straight.

If you have a non-compounding account (like myself) you actually have 2 account numbers.

One for your deposit amount and the other for withdrawable interest.

You can only withdraw the interest portion (as I have done .... very small amount)

When I did withdraw, I had one of the same errors about insufficient funds which was identical to the original FF site. It's about how they round the numbers, so you drop one cent and try again. Well it worked for me anyway. But again, I'm only talking dollars here ...... not hundreds or thousands .....

Now that I have made this as clear as mud ..... I will take my leave

Oh .... before I go ...... I still log in to the original FF site .. and the amounts are still there even though they are really not ..... well .... if you know what I mean :-k



Posted by: candyisjoy

Unfortunately clear as mud is as good as it gets with Foreign-fund.
The original site is still active for deposits.



Posted by: ditzydoc

Quote:
Originally Posted by linkz
Maybe I can clear up some FF confusion from what I've learned (and I'm very hard to teach lol)

First thing, the original FF site is dead. You can log in and look ..... but nothing going on there.

Second, you MUST transfer the funds to the FF bank (where ever that may be) There is a TRANSFER TO BANK link in your members' area. I did mine over 2 weeks ago before the bank was online.

Third, apparently if you have a compounding account, you will NOT be able to withdraw until they get things straight.

If you have a non-compounding account (like myself) you actually have 2 account numbers.

One for your deposit amount and the other for withdrawable interest.

You can only withdraw the interest portion (as I have done .... very small amount)

When I did withdraw, I had one of the same errors about insufficient funds which was identical to the original FF site. It's about how they round the numbers, so you drop one cent and try again. Well it worked for me anyway. But again, I'm only talking dollars here ...... not hundreds or thousands .....

Now that I have made this as clear as mud ..... I will take my leave

Oh .... before I go ...... I still log in to the original FF site .. and the amounts are still there even though they are really not ..... well .... if you know what I mean :-k


Well, Linkz, that's all fine and dandy, but after transferring my funds into the "bank", I can no longer access my account (the new site). So it doesn't make any difference whether or not I have a non-compounding or compounding account - I can't log in ("Incorrect username or password"). I only managed to login to the new site (where my funds were transferred to) once. Almost a week ago. So, once again it's the same old FF game - it works for some people, for others it doesn't. To tell you the truth, I kissed the money good-bye a long time ago, and gave it my final farewell when I did the transfer.

I find it very sad that any news we get comes from a FF member and not the Admins. Your info is appreciated Linkz, but it would be much more professional if it came straight from FF.



Posted by: gilawang

Linkz,

Your explaination is crystal clear. Thank you.

Memorex - I am surprised to receive such a reply from
you. I have read your posts and have a high regard for you.

Bad day huh ?



Posted by: linkz

Thanks gilawang,

I not trying to defend FF's actions or anything ... those just thoughts from my mind (what little is left)

Don't know what to say about the folks that can't withdraw though. You do have to ask yourself why FF would go to such lengths if they were just going to run.

Here's a couple of questions I've been thinking of;

Are they truely going to run offshore banking (if it truely offshore)?
Let's face it ..... there is huge income on service fees from the financial industry.

How will they incorporate they HYI industry into that?
Will clients be getting 100% per month interest?? :-k

I guess soon we should see some kind of answers.

Have a great rest of weekend



Posted by: memorex

Quote:
Originally Posted by gilawang
Linkz,

Your explaination is crystal clear. Thank you.

Memorex - I am surprised to receive such a reply from
you. I have read your posts and have a high regard for you.

Bad day huh ?


Look my reply is nothing to do with a bad day, nor has it to do with anything that seems like bad taste.

You have to look at this in the context of HYIP, today!! we withdraw and tomorrow they run!! ,so I can only tell you what happened with my withdrawal,and it isnt compounded either. Whether or not others are having a bad time, I cannot say, nor can I vouch for their withdrawals or non whithdrawals .

We all are taking a risk and I have warned against this risk so often and in this case on the risk with F/F that I feel that it is time that the investors start to take notice of what the main problem in this arena is.
We are dealing with a high risk gamble and if we expect it to be as stable as real investments they are in the wrong area try something else because this is not a stable environment.

I am sorry if you feel I am not giving you the answer that you may be looking for but it is the only honest one I can give .
regards
memorex



Posted by: mytime

Hi ditzydoc,

Are you sure that you're using the right Foreign-Fund bank?
They have 2 sites now:

www.ff-bank.com (only for big spenders > 10 k US$.
www.ff-bank.net (everybody who has spend less).

If you try to log in on the wrong site you can't get in. On the right site you can get in.
www.ff-bank.net is further in development as www.ff-bank.com, big spenders are helped earlyer than the little ones.

I don't know wat I have to think about it exactly, but to be honest I'am a bit more optimistic about them. Although I don't advice to deposit any money at the moment, I think they will start paying over few weeks when the smoke of the start of the bank is gone.
But... I'am only a newbie in this matter so chances are great that I'am wrong...

mytime



Posted by: forwardone

A positive step. FF Forum is now reopened. =D>

Geoff



Posted by: buildwealth

there has been no positive signs from ff, or their socalled "bank" for a long time.

the .net is worthless, same old stuff, about 4 months ago.
the .com, your $10,000 "bank" account, i've already opened with Zero dollars, and just checked to make sure they haven't run with my no dollars in my balance there. that is so phony.

this is the latest from another newsletter (for whatever it is worth). You can add it to your accumulated notes for the last 4 months - as notes make no sense coming from ff.

"Foreign-Fund apparently is also gone. There is no official announcement, but there are rumors that they may come back paying a lower rate in the near future"

an opinion is only as good as it's source, and I know nothing about this source except it is in keeping with a lot of other conclusions by those sources I do deem to be reliable..




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