I got duped for a lot of $$$. Partly my fault for being greedy, but I should've known better
Its the 'invest' some money and just sit back and wait for the interest to roll in every couple of months. Im talkin' good rates - approx 25-35% annually.
Funny thing is that it was working for a couple of years. There was interest paid semi regularly....late payments here and there - and most of the interest was paid and the rest to come later (NOT).
Things were good while they lasted.....I've probably recouped about 50% of my initial 'investment' via interest payments.
Never asked what the money was used for....but the story I heard was - it was used to finance and invest in trading programs, venture capitalism and just plain lending (whatever that means).
I thought this 'scheme' was different b/c it was a friend who I had trusted (at the time) and thought I knew well. He was apparently doing this 'investment' thing for 5-6 years.....and you could tell he was doing well (now I know how).
The bottom line....one day all his numbers went dead - the house where he lived - nobody home. He had rented it. One day just quietly disappeared. Although I had a lot of $$ in this thing.....there were supposedly hundred's of others - and many of whom were deeper in than me - dare I even guess 7 figure's? Anyhow, its been a few months now...and Im just trying to get my life back in order, i.e. getting a job, getting a more economical car, get back into saving to get myself out of debt, etc....
Anyways, just a quick warning to dumb people like myself....if it sounds too gd to be true - then it is .....no and, if's or but's!
Work hard and save your $$ the old fashion way!
Its the 'invest' some money and just sit back and wait for the interest to roll in every couple of months. Im talkin' good rates - approx 25-35% annually.
Funny thing is that it was working for a couple of years. There was interest paid semi regularly....late payments here and there - and most of the interest was paid and the rest to come later (NOT).
Things were good while they lasted.....I've probably recouped about 50% of my initial 'investment' via interest payments.
Never asked what the money was used for....but the story I heard was - it was used to finance and invest in trading programs, venture capitalism and just plain lending (whatever that means).
I thought this 'scheme' was different b/c it was a friend who I had trusted (at the time) and thought I knew well. He was apparently doing this 'investment' thing for 5-6 years.....and you could tell he was doing well (now I know how).
The bottom line....one day all his numbers went dead - the house where he lived - nobody home. He had rented it. One day just quietly disappeared. Although I had a lot of $$ in this thing.....there were supposedly hundred's of others - and many of whom were deeper in than me - dare I even guess 7 figure's? Anyhow, its been a few months now...and Im just trying to get my life back in order, i.e. getting a job, getting a more economical car, get back into saving to get myself out of debt, etc....
Anyways, just a quick warning to dumb people like myself....if it sounds too gd to be true - then it is .....no and, if's or but's!
Work hard and save your $$ the old fashion way!