Until when will FrancSwiss last?
This, I'm sure, is one question everyone wants to know: Until when will FrancSwiss last?
Our simple answer? No one knows.
Like any other High-Yield Investment Program (HYIP), the lifespan of FrancSwiss cannot be foretold. It can last for a few weeks, months or even years.
Take the case of the popular HYIP program PIPS that paid investors 2% of their principal every day and which lasted for two years. The program started in 2003 and became hugely popular in the US after several offline conventions where held where Brian Marsden, the program administrator, met with thousands of PIPS investors. Marsden and PIPS also became a hit worldwide following his visits to various countries and the charitable donations he made in Malaysia and the Philippines.
Investors sensed trouble in late 2005, however, when the program started to delay some of the payments. More investors feared for their investments when Marsden then decided to totally halt payments while supposedly planning for a program revamp. But even before the year 2005 ended, PIPS eventually collapsed and thousands of people lost money. Now, two years after the death of PIPS, many who lost are still waiting and hoping to get refunds once the trial of PIPS owner Brian Marsden is over.
Related Reading:
- PIPS Discussion Folder (now under the Scams/Closed Programs Board)
- UK Newspaper Guardian's article on the PIPS scam
- Australian Securities and Investments Commission's warning against investing in PIPS
- US State of Alaska's warning that PIPS is an illegal Ponzi
Some HYIPs do last for a few months. In April 2005, Top Gun Traffic launched with a blast and easily became the fastest-growing "investment program" during that time. A lot of people were lured by the promise of 2% net interest paid on the capital every day. More people were convinced because the owners advertised that they had been doing online business for years and that this business was the cash cow of the new investment program.
* These ads open in a new window. *
But only four months after the program started, the Top Gun Traffic owners surprised investors by admitting that the high return they were offering was unsustainable. With very, very few investors making a profit, Top Gun Traffic closed down on August 2005. To date, the program administrators remain scot-free.
Related Reading:
- TopGunTraffic Discussion Folder (now under the Scams/Closed Programs Board)
How about an HYIP that closed down even before it made payments? In May 2005, Aaron Bowering, supposedly a familiar figure in the internet marketing industry, started PaidResponse, an autosurf program that offered to pay 1% interest on the principal every day. The bulk of investments were set to mature and be paid three months later, but a few days before payment date, the site went offline. Bowering announced that they were planning a major re-launch but the site and the program never returned. Thousands of investors never received any payment.
Related Reading:
- PaidResponse Discussion Folder (now under the Scams/Closed Programs Board
Other HYIPs last for a few days or, in some cases, merely hours after the program started. For examples of these, check out the growing list of scam online investment programs in the Scams/Closed Programs Board of the PMT Forum.
Hmm, ok. But still, "Until when will FrancSwiss last?"
No change in our answer. It's still a big and proud "We don’t know."
Each HYIP is different and the only person who knows when it will end is the program owner himself.
So think twice before putting money in an HYIP and get out of it as soon as you are in profit. There are groups of people who make huge income from HYIPs and there are groups who also lose a lot. Don't be on that losing group.
If you're interested to read more, here are some forum discussion threads that you may find useful:
- HYIP: FrancSwiss Discussion Thread
- How to Win in HYIPs: Mga Payong Kaibigan
- Guide for Newbies on High-Yield, High-Risk Investing
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September 7th, 2007 at 10:46 pm
hi guys,
im into online marketing for quite some time, when fs and euro where first introduced to me i checked on their website and i know from the very beginning that it will collapse like any other hyips thats why i managed to do online affiliate program where i earn legitimate income in us dollars, anyways for those whose where victimize, you have my sympathy, coz i was a victim of it before, thats is why i do research first especially if its investment program that can lure people because of high interest rates. in fairness there are some that are legit however, philippine law is not very clear esp we are in the e-commerce biz today they should give an opportunity for entrepreneur to start their own business also doing online and offline marketing… with that in mind, i have come across something that could earn you $12,250! and its a home based business that is rocking the internet right now! just launched 1 month ago, its a $6 trillion dollar industry.. im talking about the travel industry combined with internet and home based business, a new company was born…
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July 9th, 2007 at 8:09 am
From the time I invested I was not encourage to recruit investors for Francswiss. I made a withdrawal through bank at on time naman pumapasok. It happened sometime in June na 3 days na di maka login then pagbalik I filed another encashment. Di siya agad nag reflect sa bank dahil daw may problema pa system. Then they return my encashment through my FSDI. Then nag file ulit ako sa bank ng pumutok ang controversial I was surprise 3 days after nag reflect na naman sa bank ang withdrawal ko.
July 8th, 2007 at 2:15 pm
1. Now, is it possible to sustain a 4.5% daily interest for a $1000 principal? Imagine the scenario that you did not withdraw your daily interest but instead compound it.
Day 1:
Principal = $1000
Interest = $45
Total = $1045
Day 2:
Principal = $1045
Interest = $47.025
Total = $1092.025
And so on and so fort…
Using the pattern above, if you compound for 365 days (1 year), you will already have $9,493,929,735.44 ~ $9.5 billion
After 548 days (1 1/2 years), you will already have $29,903,854,090,745.90 ~ $29.9 trillion or 60 times richer than the richest man in the world (Bill Gates). Are the earnings “guaranteed”? Never.
July 8th, 2007 at 2:14 pm
Best Answer - Chosen by Asker
GRABENG LOKOHAN TO!
PLEASE READ THIS!!! IMPORTANT!!!
Baka ito ang makakasagot sa mga tanong mo na hindi masagot ng “ tangang mga upline daw”.
meron akong findings on how these on-line investment runs:
*
sa maniwala kayo o hindi, mapapaisip din kayo after reading this article.
1. and FS ay pinapa takbo ng 8 batikang mga networkers from closed MLM
2. they funded this company, started P50,000 each…
• bought PC units for the internet set-up
• hired people (ITs) to make the website look good and set up the system.
• based lang ito sa pilipinas kasi na trace ng friend ko nag we-web design.. sa cavite lang daw ang IP address ng francswiss. (.com / .biz /.org / .net )
• hindi lang ang FS ang ganito ang style - SM fund (manila based), Global America, Euro, etc…. madami yan!!! Pareho lang ang laro nila.
• bumili sila ng software na syang magpapatakbo ng automatic calculations of e-points.
• pinaganda nila ang website – para magmukang gawa sa singapore and US but hindi tutuo yan, gawa lang yan ditto.
• Then, kunyari bumili sila ng e-points sa Singapore at US at dinala dito sa pinas. ang tutuo nyan, hindi sila naglabas ng pera. madali lang gawin ang first 1 million epoints sa system na gamit nila. then binenta nila ito sa mga networkers $1.00 per 1 e-point, eh di kumita kaagad sila ng $1,000,000.00 (or P47,000,000.00). bilis kita noh?. simple calculation lang yan but they can actually make as much as e-points as they want. Then sell it to people. Eh diba 8 sila? So they had 1million e-points each. Ganun kadali gumawa ng business na ito. May friend ako na marunong gumawa ng web at alam nya paano ang operations ng system na ito, pero ayaw nya syempre magsimula ng kalokohan na ganito.
3. then next, yung mga bumili ng 1000 e-points (mga na-recruit) will earn 4.5 percent a day so they will earn more e-points a day (FSDI). Kunyari dollars yun $45 a day. So padami ng padami ang epoints nila para ibenta din sa ibang downlines.
4. ENCASHMENTS: syempre, ganito yan, noong bago pa ang FS. Kunti pa lang ang networkers ang sumali. They mano-mano to deposit cash direct to the member’s account. Dati, 2 days lang, nasa bank mo na. so maniniwala talaga ang mga bagong recruits na okay ito kasi na-e-encash ang pera. Then napansin ninyo now, marami ang nag papa encash online. Pero 10 days na wala parin. May na meet ako 15 days na, di pa sya naencashed. May isa, mag 20 days na di pa naka encashed kasi hindi pumasok sa banko. Then sinasabi ng mga uplines, “wag mo lagyan ng dash ang account number, kasi kung meron, hindi ma-eencash” that’s a lie. Ang dali basahin ang number. Any system can read numbers. Simpleng calculator nga marunong mag add, yun pa kayang mas hi-tech na system na gamit nila. Ayaw lang talaga nila mag-encash. Ako nag pa encash ng $50 from my FSDI (francswiss daily interest) since june 28, now wala parin. Sige lang, I-annouce ko pag n-encash na. saying din yun. P2350 yun. Ilang pirasong lenchon manok ng andoks or baliwag din yun, then may sukli pa pambili ng coke.
5. EPOINTS: kailangan talaga nila ng new recruits to sell their accumulated e-points (or trade into real dollar bills). Ganito lang ka simple ang business – “kung walang new recruit, walang bibili ng e-points, then walang perang papasok, so Walang dollars”. Some uplines would buy epoints from you (that’s good at least meron), kasi nag rerecruit sila, at kinukulang sila ng e-points for new sign-ups. So literally, kumita karin kasi binili nila (uplines) ang e-points from you then pera ng downlines yung binayad sayo. Di nyo ba naisip yan?!!!!
6. SEC REG: Securities and Exchange Commission was alarming people about this investment. Well, they were just concerned to all citizens. That’s right! But kung totoo talagang sa US ang office ng francswiss, then the Philippine gov’t has no jurisdictions over on-line business and has no right to imprison people for joining this business. Their role is to warn people but not to dictate what the people will do with their money. Again “THEIR MONEY”. But on the other side, if this francswiss and other online companies were based in the Philippines, they should go through legal process – start right and definitely the company will run on the right path. As I have said ******, if this FS is based in the US or Singapore, then our country has no right to stop this. They can warn but not stop this. But sa una kung paniniwala, ang FS ay based lang sa cavite. If you don’t believe me, try to research and investigate.
July 8th, 2007 at 1:39 pm
its coming….coming ….coming…
inggit lang kayo lahat
July 6th, 2007 at 3:50 pm
the longer you wish… the harder you fall. better accept its fate now
July 6th, 2007 at 2:52 pm
francswiss will be back soon
July 6th, 2007 at 2:22 am
what time will the website be okay?
July 5th, 2007 at 11:51 pm
It’s crab mentality. More power to those people who want to have a good life and for his/her family w/o steping on others.
July 5th, 2007 at 9:56 pm
I have invested with francswiss and in one month I got my investment and interest. I’m just wondering why Francswiss was the only one being issued. I also made an investment with euro america index and until now the site is open and yet we cannot withdraw our money even a single cents. They kept on trading e-wallet at a low price in which this is not the concept that Mr. Ruel Yopo has explained to us. I ask him one time, “does he know the people behind euro?” before I invested , they said Yes but now that we cannot withdraw he said that he don’t know the people behind euro and he said he just purchased the e wallet from Malaysia and now he doesnt know where to locate the person. This is one way of deceiving people. In the first place, they should not marketed it in Manila in which they do not know the people behind.They enticed us and told us that we can withdraw our money any time. They even encourage us to market but I told them I just want to be an investor. I invested my money last March and not knowing during that time there’s already a problem with Euro and that the client cannot withdraw anymore. The reason why there’s a lot people in Jobllibee Plaza ( their office), the people are waiting for any investor to put money and they will sell their e-wallet. To date no withdrawal has been served.
Francswiss does not encourage us to recruit to sell our e-wallet not like in Euro that in order to withdraw we have to recruit to sell our e-wallet. Now they even told us to recruit $1000 investment and a guaranteed check will be issued to us by Mr. Ruel Yopo. Which of the two now has done big damage to people. One which you can open the web but cannot serve withdrawal and one which became controversial and yet can serve withdrawal.
July 5th, 2007 at 4:44 pm
I don’t think we should judge Francswiss right away. Why is it the only one being talked about or being judged? Is it because of its popularity? There are a lot of business of the same nature. Why were they not included in the TV Patrol news? I guess it’s one -sided. All must be fair and for as long as nobody gets hurt, everything will be just fine. Registering with SEC does not in any way protect the public from erring companies whose main aim is to fool or use the public’s hard-earned money looked what happened to CAP Plan Holders? A lot of CAP Scholars were forced to stop from school. How disappointing.This is a good example that even if companies register their businesses with SEC, the public will never be assured that it will not run their money in the long run. A lot of compnaies have closed and yet the public are the ones who suffered. I do hope this kind of scenario will be stopped. If it will? It remains to be seen