Rog 58

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Rog 58
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Posted by: golddust

Rog 58 is a public program, but no site. The program is administered by "Rog" who has been around the HYIP arena for a long time, and since I have been around a while, I've known Rog for some time.
The program information is found by forum thread only, here: http://www.hyipdiscussion.com/priva...d-part-1-a.html
http://www.hyipdiscussion.com/priva...d-part-2-a.html
http://www.hyipdiscussion.com/priva...ited-offer.html

Personally I have become acquainted with his philosophy toward life. He has made a lot of money in HYIPs and is trying to help others do the same, and/or recover from losses. He is offering participation into a trading program that he has been involved with for many years by his own admission. There are 3 different plans.
1- pays 200% in 45-60 days
2- pays out 300% of your spend over 18 mos
3- pays out 32-50% mo for 12 mos

He is under NDA so he does not reveal too much info about the actual underlying trading programs; there are 2 different progams.
Please read the Q&A threads listed; the discussion thread itself is very long, but if you read it, you will see nothing but happy campers.
I got into it when the program was first offered, and of course am in profit.
I don't think it is "too late" for anyone to get in, but if anyone has doubts you can put a spend into Plan 1 and in 45 days or so, you will have 100% of your spend back and 100% to reinvest or whatever.

Rog sends confirmation of all spends, all Trade Options when they come due, and confirmation of w/d, rollover, or movement of funds into a different plan.

Good Fortune!!

golddust

Posted by: clifton

This could be even into "long time payers". Do you remember when it started, Golddust?

Posted by: golddust

You are right, it did start in Dec '05 I believe. I hope it just keeps rolling.

Posted by: golddust

Moved to "Long Term Programs". I see no discontent by members or any reason to feel uncertainty about this program. 'Course things change without warning, so it is wise to get in and take out your initial spend. This program is definitely helping my YTD stats.

golddust

Posted by: golddust

Members "options" notices have gone out for those eligible for the 1st of the month 'window' to -
roll
withdrawn
move funds into another Plan.

golddust

Posted by: forwardone

i wonder what happened to Rog as far as forums go? He doesn`t seem to spend much time on the boards nowadays, but perhaps that`s because he`s looking after members money which is rather time consuming I guess.

Posted by: golddust

Except for the "rog 58" program folder at HYIPD, it seems Rog's 'forum days' are a thing of the past. I think he has all the interaction he desires from running this program, and I'm pretty sure he is making money in the process of handling these trades. He seems to thrive on what he is doing and kudos to him for being one of the "good guys".

golddust

Posted by: moremoe

Rog has been exemplary in his deakings with the many investors over at HyipD. I have no idea how he keeps track of everything but as a former banker I am sure he has a great system in place.

Posted by: clifton

He's still active at HYIPD, althought posts mostly in his folder. I've seen him a while ago in bank debenture though

Posted by: golddust

Quote:

Originally Posted by moremoe

Rog has been exemplary in his deakings with the many investors over at HyipD. I have no idea how he keeps track of everything but as a former banker I am sure he has a great system in place.

This makes perfect sense, a banker's world must be kept tidy. Rog has also indicated that his son is involved and will take over the program should anything happen to him. But he is an Angel, nothing bad will come to him; this is his mission.

golddust

Posted by: golddust

Today Rog announced a problem with egold in verification over the account used to payout Trade 1. He does not anticipate anything more than a delay for a day or two to get this matter resolved. Unfortunately one of the payout dates is the 25th, so that does delay payouts for Trade 1 members only. That does include me, but I expect no problems.

golddust

Posted by: jojomataketa

Quote:

Originally Posted by golddust

Today Rog announced a problem with egold in verification over the account used to payout Trade 1. He does not anticipate anything more than a delay for a day or two to get this matter resolved. Unfortunately one of the payout dates is the 25th, so that does delay payouts for Trade 1 members only. That does include me, but I expect no problems.

golddust

It is always worrying when an admin states such problems. Keeping fingers crossed. Have a few bucks in there!

Posted by: clifton

Quote:

Originally Posted by jojomataketa

It is always worrying when an admin states such problems. Keeping fingers crossed. Have a few bucks in there!

I put a few bucks too, but never considered it more than a game, so whatever happens its all ok

Posted by: golddust

Quote:

Originally Posted by clifton

I put a few bucks too, but never considered it more than a game, so whatever happens its all ok

Most are 'games', or at least a gamble. Rog is a "vet" in the HYIP world and knows this. His program allows many to sleep better.

golddust

Posted by: cyrano

I'm sure most of you know Rog's Private Offer at the HYIPD Forum.
Today Rog made the following post:

"Based on this period's Private Trading System's Volume and Performance, my Trade 1 Account Withdrawals on the 15th and 25th of each month were limited today (prior to my planned second withdrawal) until 1/15/07. This happens for a variety of reasons, including trading volumes, market conditions, system performance, and other factors. The good news is that most of 10/15/06 payments were done except for one small file.

What this means to you is that I will have to systemize the Trade 1 terms which I am working on now. The small group of participants who did not receive requested payment on 10/15 will receive an email from me regarding your options. Participants who are expecting a Trade 1 Options email on 10/15/06 for 9/1/06 roll overs, payments, etc. will also receive an email from me regarding your options.

I expect to accomplish these tasks within the next few hours.

Feel free to send me a PM or email at any time.

Best Regards,

Rog
rog58@s-mail.com
rog58@safe-mail.net"

That means he will not make any payments for Trade 1 until January 15th.
Most of us know that "investing" in Rog's offer was pure gambling.
Newbies should not put money in this game anymore.
Christmas time is coming soon and i'm afraid Rog needs the members money to buy some nice presents.
Rog is on the best way to be a hot candidate for the "scammer of the year award".

cyrano

Posted by: clifton

Probably a time to write his offer off. Should we wait to see if the other "trades" will be paying normally?

Posted by: cyrano

Quote:

Originally Posted by clifton

Probably a time to write his offer off. Should we wait to see if the other "trades" will be paying normally?

Rog is a clever guy and i'm afraid he is able to offer his "trades" for a long time.
I've played Rog's game too and received a small profit.
From a $100 spend i have to receive $800 on November 1rst.
2 hours ago Rog sent me the following email:

"Trade 1 Options - $200 Balance Due

Trade 1 roll overs will be limited to one roll over per spend every 45-60 days until 1/15/07.

Trade 1 Options for your spend made on 5/26/06.

Please reply to this email and let me know which option you choose:

1. Transfer All or Part of Your Balance Due Into Trade 2 effective 10/15/06
(You will receive 16.67% per month for eighteen (18) months for a total of 300%)

2. Transfer All or Part of Your Balance Due Into PPP1 effective 10/15/06
(You will receive 32% - 50% monthly for a term of one year)

Best Regards,

Rog
rog58@s-mail.com
rog58@safe-mail.net"

That means he reduced my roll overs from 3($800) to 1($200) and forced me to join another program with less interest.Using these tactics makes it possible for Rog to play his game for a while.

cyrano

Posted by: golddust

Rog never hid the fact that he would not be able to offer T1 forever. I suspect that he exceeded the comfort zone from the source of this trade. From the dedicated thread at HYIPD, though there are many question citing confusion, Rog has not come back on the board. Apparently many members are pm'g him.
Because Rog also stated this:

Quote:

I will have to systemize the Trade 1 terms which I am working on now. The small group of participants who did not receive requested payment on 10/15 will receive an email from me regarding your options. Participants who are expecting a Trade 1 Options email on 10/15/06 for 9/1/06 roll overs, payments, etc. will also receive an email from me regarding your options.

I expect to accomplish these tasks within the next few hours.

--
it could be that this task is taking much more time/effort than he realized.
There are many things that 'could be' reason for Rog's silence after posting this message, including preparation for a dash with the cash. I prefer to give him a chance to make his presence known when he is able to more fully explain the ramifications of T1, especially since I have 2 spends in T1. Like a good HYIPer, I long ago took out my profits so the continuance of this program in any fashion still offers a good return.
I think it is very premature to call it a SCAM. To respond to Clifton's post, yes I definitely think we should wait to see if the other plans continue to pay as promised.

golddust

Posted by: cyrano

Quote:

Originally Posted by golddust

I think it is very premature to call it a SCAM.

golddust

I'm convinced that Rog is a gambler and liar but i "like" him.I told him my opinion several months ago.He betrays his clients in not telling them the truth.If Rog would have offered his plan as a game,he would have been honest.Do you really believe in his story about the trades he is involved paying him for almost 10 years????
There are no trades paying these high returns for years.Rog's offer is a pure game.Nothing else!
Most clients,including me, have no problems with that.Don't fret about the word "scammer".We are surrounded by them and deal with them every day.
I have a ripping good time following Rogs tactics and with his chosen delay strategy of cutting down all accumulated Trade 1 roll overs to one cycle Rog should be able to pay for PP1 and Trade 2 for a while.

cyrano

Posted by: clifton

Quote:

Originally Posted by cyrano

Do you really believe in his story about the trades he is involved paying him for almost 10 years????

Me - not

I have not followed the hyipd thread last 2 days, but before that there were rumours that the other "trades" are paying - can someone confirm? If none of the 'trades' are paying, we should move to watching and waiting

Posted by: cyrano

Rog is definitely paying for PP1 and Trade 2 at the moment,Clifton.

cyrano

Posted by: golddust

Quote:

Originally Posted by cyrano

...
...From a $100 spend i have to receive $800 on November 1rst.
2 hours ago Rog sent me the following email:

"Trade 1 Options - $200 Balance Due

Trade 1 roll overs will be limited to one roll over per spend every 45-60 days until 1/15/07.

Trade 1 Options for your spend made on 5/26/06.

Please reply to this email and let me know which option you choose:

1. Transfer All or Part of Your Balance Due Into Trade 2 effective 10/15/06
(You will receive 16.67% per month for eighteen (18) months for a total of 300%)

2. Transfer All or Part of Your Balance Due Into PPP1 effective 10/15/06
(You will receive 32% - 50% monthly for a term of one year)

Best Regards,

Rog
rog58@s-mail.com
rog58@safe-mail.net"

That means he reduced my roll overs from 3($800) to 1($200) and forced me to join another program with less interest.Using these tactics makes it possible for Rog to play his game for a while.

cyrano

cyrano, with regard to T1, from what you have posted, it appears that Rog is actually providing 3 options:

1 - Starting from $200 balance due is a 200% return, then you can make one roll each 45-60 days til 1/15/07
2 - Transfer the balance due to T2
3- Transfer the balance due to PPP1.

So the way I see it, members in T1 only, will have to begin with an adjustment to a 200% return on their initial spend, and then determine from there what to do. I am unconvinced that Rog is a liar, but he does have some "'splaining" to do.

golddust

Posted by: cyrano

Quote:

Originally Posted by golddust

Rog is a master in playing on words.Read the comments of the confused HYIPD forum members and you will understand.

The first option is worthless because Rog explained to us if we want to continue in trade 1, we will enter trade Jan 15 and get paid 200% 45-60 days later.
If you are unconvinced that Rog is a liar,you honestly believe in those "miracle trades" he is talking about?

A post from Steve,admin of the HYIPD forum,shows that Rog is not willing/not able to refund Steve's initial spend:
"If rog really has an opportunity that made/makes him 200% every 45 days he must be quite wealthy somehow.. (seems he mentioned his little niece called him a gazillionaire somewhere but cant remember the exact phrase)..
So assuming my money (the spoken 12.000 usd) is in the trade like he mentioned (and should be already over 24k as well over 60 days passed) shouldnt he be extremely happy to refund me just my 12.000 usd as this is all ive asked for? he would gain 12k ?"

cyrano

Posted by: golddust

There is so much rhetoric, speculation and assumption going on, IMO, the final word rests with Rog. I don't see any complaints of lost funds at this moment, but obviously, there are some adjustments needed to continue, first assure that no one loses money, as pledged by Rog, and second, to solidify the profitability of the plans offered, going forward. It is my understanding atm, that the T2 and PPP1 trades are not effected. I anticipate Rog will be working the 'numbers' to offer equitable and profitable plans for those who choose to continue with his program. Until Rog posts more concise information, the course of investors funds remain uncertain.

golddust

Posted by: cyrano

Quote:

Originally Posted by golddust

There is so much rhetoric, speculation and assumption going on, IMO, the final word rests with Rog. I don't see any complaints of lost funds at this moment, but obviously, there are some adjustments needed to continue, first assure that no one loses money, as pledged by Rog, and second, to solidify the profitability of the plans offered, going forward. It is my understanding atm, that the T2 and PPP1 trades are not effected. I anticipate Rog will be working the 'numbers' to offer equitable and profitable plans for those who choose to continue with his program. Until Rog posts more concise information, the course of investors funds remain uncertain.

golddust

Rog has created the whole rhetoric,speculation and assumption chaos.
One post explaining the program changes in details would be sufficient but Rog answers questions from 1 or 2 members and is gone again.
A HYIPD forum member wrote:
"I suspect this is because its much easier for the admins to hide under a veil of confusion, mixed messages and smoke than it is to just simply state the facts and leave those facts open to comebacks.

As Luke77 has just posted, there doesn't appear to be any logical explanation as to why this gigantic storm of hogwash is continuing other than that is what Rog wants. To add to that, Rog comes on here and replies to 2 members individually when most of the HYIP world is waiting for a full explanation"

Rog is still paying for PP1 and Trade2.With his chosen delay strategy of cutting down all accumulated Trade 1 roll overs to one cycle Rog should be able to pay for these 2 programs for a while.
Trade1,doubling your money in 45-60 days is Rog's core program.Many members reinvested from February 2006 until now,only to realize that all their interest is lost except for one roll over.
Again,Rog explained to us if we want to continue in trade 1, we will enter trade Jan 15 and get paid 200% 45-60 days later.

Until today no one lost any money in Rog's offer.Nevertheless he betrays his clients in not telling them the truth.

Golddust,the same question for you again.
If you are unconvinced that Rog is a liar,you honestly believe in those "miracle trades" he is talking about?
There are no trades paying these high returns for years.Rog's offer is a pure game.Nothing else!

cyrano

Posted by: clifton

Quote:

Originally Posted by cyrano

Rog is still paying for PP1 and Trade2.With his chosen delay strategy of cutting down all accumulated Trade 1 roll overs to one cycle Rog should be able to pay for these 2 programs for a while.

Possible, but he may also be waiting for the last spends before the next payment and then could run away with all the bucks. I suspects there will be huge lack of trust to him now, so its questionable if he'll get many new spends. Imho its a good advise to stay away from his offer from now on.

People in the HYIP world believe in quite mad things, so there is no surprise that many are taking his game seriously. I for myself know that these "bank debentures" with 50% or 100% monthly or whatever are scams to the last one

Posted by: golddust

Quote:

Originally Posted by clifton

I agree Clifton, this is no time to encourage anyone to participate in this program. Sadly though there are many who have jumped into the T1 plan and are justifiably concerned over the 200% return, and when they will see it. Rog has now planted seeds for mistrust, largely by his nomadic attendance at the HYIPD forum. Perhaps to some this makes him a liar, and certainly does exacerbate skepticsm.
I prefer to watch the events on a going forward basis. If the other 2 plans continue to pay, and the T1 plan has paid at least 200% to all participants, then no one has lost money. Those who have been in the T1 plan and only rolled their funds have played unwisely. Now it appears they will only see a 200% return, not the compounded investment they expected. These ppls have no one but themselves to blame, not Rog. With the changes effecting this plans' payout until 1/15/07, I am more concerned for the most recent investors funds. How Rog manages the questions from all members is a pivital concern as well, if the truth is being told then the program will remain on track.
Everyone invested in the program should consider their own strategies to recoup their funds ASAP.

golddust

Posted by: Salty

the problem is whats his name on TG?

any hyiper if he/she said didnt know or register at talkgold would be a simple lier!

Only that other forums/communities are more kinder to some scammers (or scammers are deeply involved with them)!

Posted by: Salty

Quote:

Originally Posted by cyrano

such figures would have no ground at TG at all!

but could get protected at other forums and communities!

Posted by: golddust

I received a Trade 1 Options today from Rog:

Quote:

Based on your $X spend into Private Offshore Trade 1 on 1/27/06, you have received over 200% and are welcome to respend.

New Trade 1 spends fit into my next withdrawal window (which is either the 15th or 25th) and roll over, receive payment, etc. for the 1st time within 45-60 days.

Trade 1 roll overs are limited to one roll over per spend until 1/15/07.

Best Regards,

Rog
rog58@s-mail.com
rog58@safe-mail.net

It really doesn't seem like much of an "Option" nor are there any 'choices'.
I asked for "Pay Me". Let' see what happens...

golddust

Posted by: clifton

Quote:

Originally Posted by Salty

such figures would have no ground at TG at all!

but could get protected at other forums and communities!

Pretty much agree. HYIPD is more scammer-friendly (to more sufficient scammers - they spot the too obvious ponzis immediately), I guess that's why he choosed to work there

Posted by: golddust

Quote:

Originally Posted by clifton

Pretty much agree. HYIPD is more scammer-friendly (to more sufficient scammers - they spot the too obvious ponzis immediately), I guess that's why he choosed to work there

I don't understand this comment; TG is the kingdom of the scammers, shills and cheerleaders. HYIPD takes a hard line at the "too obvious ponzis", and paints a picture of poo-pooing them, therefore limiting discussion to some well paying programs. Rog's program fits in with gamers, gamblers and those who are willing to take a chance on little to no DD. I don't think TG would have pushed harder criticism than that from HYIPD. After all, naysayers get around.

golddust

Posted by: Salty

Quote:

Originally Posted by golddust

There have been such "gurus" trying to accept funds and pay back with "great" profits at TG, but always failed without any success cos of other experienced members critisms!

If you remember the pips and plexpay cases, you would agree that HYIPD is on the contrary!

Yap, there have been many scammers on TG (lol, they could get less on HyipD cos the latter has much less ppl there) and now lots of cheerleaders! But those scammers are hard to get rid of from a forum, and actually they just do less harm as they could NOT scam much money. The present cheerleaders are mostly paid bumpers and gang of those trash program owners! They just bump posts for cents!

Posted by: golddust

Quote:

Originally Posted by Salty

Good observations Salty, especially this: "The present cheerleaders are mostly paid bumpers and gang of those trash program owners!".

The 'trash program owners' need to spring for some new "pom-pom" colors as the cheerleaders are becoming pretty easy to identify. Then again, so are many of the 'trash program owners'.

golddust

Posted by: Gray Eminence

How the greed is ruling this arena

Isn't it funny to see all those supposed expert of hyip taking a huge backklash from Rog Trade 1? They compounded like the first newbie and are surprised now that it's not what they expected.
Most of them are the first to say it's unrealistic to hope more than 15% a month, but still, they don't understand why their rollover have disappeared.

So far nobody lost a cent, even better, everybody is in profit. And Trade2 and PPP1 are still paying. Maybe not for long, but still.

I guess the key date will be January when we will see Trade1 resurrection . Or not

Cheers,
Gray Eminence

Posted by: golddust

So true Gray Eminence. Compounding always looks good from a virtual perspective; but should never be counted until it is cashed. I'll be happy with anything else I may earn from Rog, (more P*R*O*F*I*T for me.

)
T1 was never a longterm plan; I just love it (NOT), when ppls read the rules with 'selective' comprehension, and then don't get it when reality hits.
Though I do not endorse the way this was handled you are right, no one has lost money, just expectation$.

golddust

Posted by: jojomataketa

Quote:

Originally Posted by golddust

I received a Trade 1 Options today from Rog:

It really doesn't seem like much of an "Option" nor are there any 'choices'.
I asked for "Pay Me". Let' see what happens...

golddust

Hi golddust,
So, what happened? Did he pay?
Cheers,
jojomataketa

Posted by: jojomataketa

...............

Posted by: golddust

I sent off another email to Rog to request clarification, but no I haven't been paid. To be fair that was really not one of the "Option" options. Now that I have had the chance to review what's been posted on the HYIPD thread, I think I have identified my "option".
Since I am in profit and have withdrawn 200%, it appears that I can 'respend' and it will not payout until 1/15/07. However, my question is what amount is it I can respend?

Waiting for a reply.

golddust

Posted by: Gray Eminence

You've completly understood the situation Golddust, you're off the T1 until you do a new spend as you got your 200% back

I'm in T2 and PPP1, I will wait January to the the evolution for T1

Posted by: jojomataketa

Quote:

Originally Posted by golddust

I sent off another email to Rog to request clarification, but no I haven't been paid. To be fair that was really not one of the "Option" options. Now that I have had the chance to review what's been posted on the HYIPD thread, I think I have identified my "option".
Since I am in profit and have withdrawn 200%, it appears that I can 'respend' and it will not payout until 1/15/07. However, my question is what amount is it I can respend?

Waiting for a reply.

golddust

Ok, thanks goddust. I have 5 deposits in T1...None got paid. I am choosing different new options for each, just to humour him, as I have no other choice....I am keeping fingers crossed and no great hopes here. Going along for the compulsory ride down the slippery slope I think...!
Cheers!

Posted by: golddust

Rog did reply to me indicating, he would be

Quote:

double checking on the 200% email sent to participants and let everyone know what I find out.

Still confused. Does Rog not know what "Options" he has offered to T1 members? This seems like a lot of unnecessary work.

Perhaps it is "slip slidin' away".

golddust

Posted by: golddust

All indications are that Rog has left the building... would have liked the sum of my T1 rollovers, like those who let their funds in this trade rollover 100%.
Many were burned by getting in late and as it generally happens, very little indication of things going sour. Rog indicated that T1 payouts would begin in Jan 07, but for the other plans payouts were to continue. They haven't and communications from Rog have stopped.
Rog played it like a pro scammer.

Wonder where he'll set up his next offer? I'd guess that he had been staging this one for a year plus.

Moving this thread.

golddust

Posted by: forwardone

The only dealings I had with Rog was when he initially set up his `offer` of sending him $20 I think it was, and he then returned it some time later with something added on. Can`t remember the exact figures, but I did that a couple of times and both paid off ok.

I tend to chicken out of anything longer term, or going for the same deal too many times. Cut and run I guess is my motto, though I`m sure I must sometimes lose out too by employing such a defensive strategy.

Posted by: golddust

The latest lingo for 'cut and run' is "hit and run" or "HNR". Not ashamed to say, I often use this method, or only risk 'profit'. I've seen where some admins running "games" or "round" programs have tried to add rules to prevent the HNR players from taking all the profits away early in the program. Certainly there are those who get in at the bell with a large sum and take away a larger sum.... goes with the saying, the "best offense is a good defense".

golddust

Posted by: Gray Eminence

Rog is still around, answering e-mails with the same statements, nothing new to declare.

Last info was to wait the 1st Decembre, the end of the "transition" period for his accounts and verifications processes. Time will tell.

I've been in that game in the middle of it, but to the opposit of most of those greedy experienced people, I didn't rolled over, so I got some money. I'm really laughing at the one who are now complaining they lost thousands due to the fact they were rolling over until Christmas.

Greed is not a good way to become rich, just a way to lose more

Cheers,
Gray Eminence