|
|
|
Scam Review: Currency Exchange Profits
|
|
|
Overall Rating: |
|
 |
|
Type of Business: |
|
Supposed Currency Exchange Opportunity |
|
Skill Level Needed: |
|
N/A |
|
Income Potential: |
|
N/A |
|
Recommended: |
|
No |
|
Weblink / URL: |
|
http://www.currencyexchangeprofits.com
|
|
|
See "SX Review" below...
What "Currency Exchange Profits" has to say about itself - In a nutshell, you're investing in an "e-currency" which is actually a type of shares. They are referred to as, "Currency Exchange Companies". By buying these 'digital shares' with your money, you are providing the liquidity (hard cash backing) to allow the e-currency company to trade in the marketplace.
The company that you're temporarily "lending" your money to is able to borrow funds based on the dollars you make available to them. You then share in a proportionate amount of the commissions from the transactions they make. If you supply them with the money they need to be able to get these currencies, then they will share the profits they make with you.
There is zero risk involved in this because you would be making money based on TRANSACTIONS only, so this means you wouldn't be in a position to lose any money. Just as the stock broker cannot lose money in the stock market by selling stock to others (as he's just the middle man) as long as the stock changes hands he gets paid... whether that stock went up or down that day is irrelevant... as long as people are buying and selling, he makes money from those transactions. You would make money in the exact same manner, profiting from a percentage of the e-currency exchange transaction fees... Currency Exchange ECEP Electronic Currency Video Training.
Source: - http://www.currencyexchangeprofits.com | Currency Exchange Profits
ScamXposer.com's Top Recommended...
#1 Home Based Job Opportunity - (FREE)
SX Review - "Currency Exchange Profits" used to be a resource to learn how to make money with DXinONE.com (DXinONE.com is now out of business). The purpose of the site was to make it easier to learn how to set up the currencies and how & when to sell.
The sales letter at currencyexchangeprofits.com has not changed over all this time even though DXinONE.com went out of business months ago.
There are now no real opprotunities offered at Currency Exchange Profits to legitimately make money with. The current listings are only www.Opentrade.net & www.Invest-Manager.com (which from what I just learned took the money and ran recently) , both of which are HYIP Ponzi Schemes (both are listed on my scam listings page).
Besides a few Internet marketing tools and tactics (which can be found all over the Internet free of charge), there isn't much value in the currencyexchangeprofits.com product, especially not $300 worth.
"Currency Exchange ECEP Electronic Currency Video Training"... sounds so official, doesn't it?
So currencyexchangeprofits.com ends up just being a very expensive way to become a member of 2 HYIP Ponzi schemes. Both of which don't even require any guidence to set-up (not that I'm recommending that you do).
Greg Jankowski of Ideal Vision Enterprises, LLC, only cares about getting your money and not providing a real service that is of benefit to anyone.
Recently I have been recieving reports from subscribers that have purchased Currency Exchange Profits and then tried to get a refund only to never hear anything back by email or phone. The phone support line is either not answered or the voicemail is always full.
I would highly suggest doing a chargeback on your credit card if this has happened to you.
Thanks for reading...
- Dave
By the way, if you are interested in learning about a very real way to make substancial money online, I highly recommend you take a look at the following review I have posted here...
Wealthy Affiliate Review.
Verdict - Guilty! (In
Scam Listings)
ScamXposer.com's Top Recommended...
#1 Home Based Income Opportunity - (FREE)
[ Back to Business Opportunity Reviews ]
© 2008 ScamXposer.com - All Rights Reserved. |
|
