There is no such thing as fast money or a fast way to make money on the Internet! Some people, including some online business gurus agree to this statement. Any site that offers fast and easy money or get rich quickly schemes are more likely scams. There is one site that makes this statement true - and this site is fastmoney24.com.
FastMoney24 is a site that offers huge returns on your investment in Forex and Gold or so they claimed. FastMoney24 is just an example of a ponzi scheme or an illegal HYIP business. When you take a look at this site, and read its statements, you'll definitely find a lot of conflicting arguments. Here is an example of their statement:
fastmoney24 does not claim the highest interest rates available online and this has never been our primary aim. What we consider most important is stability, timely payments and flawless service. fastmoney24 stands out from most online investment opportunities. Our professional expertise allows us to offer you secure returns on investments. We plan our investment portfolio in order to mitigate the risks inherent in trading. We use various investment strategies and always diversify our investments.
They say that they do not claim the highest interest rates available online, and yet, they are offering these plans..
Plan Investment A
Min Invest: US$ 149
Maximum Invest: US$ 299
Period: After 6 Days
Total Profit: 250%
Plan Investment B
Min Invest: US$ 300
Maximum Invest: US$ 600
Period: After 3 Days
Total Profit: 500%
Plan Investment C
Min Invest: US$ 700
Maximum Invest: US$ 1500
Period: After 12 Hours
Total Profit: 800%
The promise of an outrageous return in investment is proof of scam already, but for those too greedy to listen, we think it would be wise to add more proofs.
For why this site is on the scam list is obvious, but not only that, this site has a bad reputation of scamming numerous people. Our partner site PTC-Investgations has all the links to forums that store complaints against the site. See it here.
This site also claims to have paid in Paypal. This is not true, and we can automatically mark fastmoney24's payment proofs as fake. Note that Paypal do not accept HYIPs, and for them to have paid in Paypal is ridiculous.
Other reasons that can only be considered minuscule, yet helps add weight to the evidence are "no forum", and a hidden "WhoIs Info". Sites that have no forum, or with owners that are hiding their information are likely scams.