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Galeo Investment!

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Posted by: Holymoly

Hello,
I´m doing around with Hyips for a few months now!
Of course I ´ve had a few losses but I believe that there are a few diamonds under a lot of trash and I will search for them.
Actually I´m very happy with Syncinvest (as many of us here). Rating sites like Hyips Analysis have helped me many times to avoid faults and losses. Thank you Admin!!

An Austrian Hyip Club, where I´m a member, (you pay some member fees and for that money new hyips are tested for a few months), recommended Galeo Investment to me. Does anybody of you know this Program or made some experiences with it?
http://www.galeoinvestment.com

Oh. if there are some faults in this posting - I do my best but I´m from Germany.

Thank you, Holymoly


Posted by: forwardone

First of all, Holymoly, welcome to the Web Life forum. I moved your thread over to this folder as it is an enquiry about an investment program.

I checked out HYIP Search to get some history on http://galeoinvestment.com

It was started in November 2004, so it`s been around for a little over 5 months. Reports all say that it continues to pay out as promised, so members are happy with it in that regard.

The minimum deposit is $10, and rates vary from 0.9% up to 7% daily.

On the negative side, 7% per day is virtually unsustainable from any type of investments it claims to be making, or from real trading. Some members have apparently requested poof of it`s investment claims (hi-tech companies for example) but Galeo refuses, taking a `take-it-or-leave-it` attitude to members.

English doesn`t appear to be the Admin`s first language, which isn`t a bad thing obviously, but there are grammatical errors on the site.

To me this is very clearly a ponzi- a currently paying one - but still a ponzi. Hope this helps.

Geoff


Posted by: Holymoly

I read your answer and I won´t invest in Galeo Investment.
Which Programs are recommended here by you and the other member? I´m currently thinking about investing a small amount in Prime Fund.

Another question! Do you know why Patrick Johnson had to close his site?
Fortunately I didn´t invest in his Program. I opened an account and then he was gone! Good luck! I was too slow!

Before I lost some money at Hyippro, ACEInvest and MakeProfitWith.us.
But **** happens!

And my third question: Are you thinking about opening a folder or some threads about a few of the best paying Autosurf for Cash Programs here? Maybe it´s a good idea.
Best Regards, Maren

Greetings from Germany, Holymoly


Posted by: forwardone

holymoly, we do have a folder listing and discussing a few Autosurf sites, here at,

http://www.web-life.org/vb/f86-MLMs...utosurfers.html

Quote:
Another question! Do you know why Patrick Johnson had to close his site?
Fortunately I didn´t invest in his Program.
The consensus of opinion is that it was purely and simply a scam from the beginning. He probably didn`t have to close his site, he chose to so he could disappear with the money. I`m glad you didn`t lose on that one.

As for suggestions for the best programs, have you checked out our folder `Proven Long-Term Paying Programs` which lists and discuss a number of programs with a decent payment record? But, please remember that this is no guarantee whatsoever that they are not ponzis, or will be around for much longer. It`s just that up until now they have been paying, although one or two of them are now experiencing delays in paying out.

The folder I would suggest you look at most closely is the `Sensa Trust Programs` folder. Read up about what Sensa Trust involves, and take a look at those few programs in the list. These ones, again not guaranteed to pay out in the future, certainly stand the best chance, as they`ve been verified by stringent due diligence tests to ensure they are what they say they are, and are genuinely trading.

Geoff


Posted by: forwardone

Mixed reports about whether this one has resumed payments after their site was down for a period. Anyone here in it?

Geoff


Posted by: forwardone

So this is why members have been complaining about only smaller payouts being made:-

Quote:

Sorry for the delay with the answers and withdrawals.
In fact we have certain difficulties now. Most of them were induces by the DDos attacks we had suffered recently.It is our regret to mention that it is most likely we would be not able to pay large amounts of withdrawals untill the end of the summer.
This does not mean we have lost all the investors money. But for the reasons of financial stability of our company and your investments we have to apply these measures.Sorry for that and hope to hear from you soon if you would have to ask us anything.
Kindest regards,
Galeo Investment Support Team

Let`s Watch and Wait.

Geoff


Posted by: forwardone

At least they are still making some smaller payouts, nothing of any consequence yet though.

Geoff


Posted by: forwardone

Some members are reporting bigger payouts, any confirmation?

Geoff


Posted by: forwardone

The latest I`m hearing is that Galeo have stopped making payments and aren`t responding to e-mails. Anyone verify?

Geoff


Posted by: Onkel_Tom

Site down ???


Posted by: forwardone

Moved folders.

Geoff



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