Browsing Category: "scam"
Holding Int web of deceit even beats the internet spiders…
Some many moons ago an online investment by the name of Vanfunds suddenly announced that they had sold out to a Hong Kong company named Holding Int.
This new owner promptly drew down the barricades and refused to communicate with the dispossessed Vanfund members saying only that they were working on the member database and would let us know when they were ready to let us access our funds again.
Well, it now seems that all trace of Holding Int on the internet has disappeared. I must admit I haven’t checked that regularly as to whether they still had a web presence so was somewhat miffed to find that they have disappeared.
I thought I might find some trace by using one of the web services that captures copies of old sites but to no avail.
To be honest given the highly underhand way Vanfunds had executed this transaction I’m not that surprised to find that yet again honest investors have been taken as mugs. What pees me off more than anything is that Vanfunds was a highly professional site and looked as though they would be around for the long run. How wrong can we be!!!
I’m prompted to dig a little deeper into this one as the con perpretated is even more deceitful than others I’ve suffered. Whilst I know all online investing is a gamble even I sometimes get to the point where I recognise that the scumbags involved in this need to be identified.
Is A3Union really a scam?…
Writing a blog about online investing is something of a two-edged sword. Like many others who make recommendations I try to validate any programme that I write about. In this way I hope that others who are either new to this form of investing or alternatively have some experience but haven’t had much success will learn about ways to receive higher returns on their money.
Clearly, this form of investing does carry with it much higher degrees of risk and the potential for loss can be quite high. In fact it often seems that as soon as a programme appears to be a stayer and it gets featured something happens to it that brings it down.
I mention this as I read mixed reports about A3Union where it is alleged that they are not honouring withdrawals and have raised minimum amounts for investment in their various accounts. The specific post I’m referring to can be found at the NoBS blog. The post goes on to call A3Union a scam and warns people not to invest.
Yet when I look at the site itself I see something different. They say that they are introducing new products, they are carrying out training sessions in various countries and soon they hope to make their trading platform available to ordinary investors.
So who do we believe? My personal experience has been somewhat patchy. They have not been great at answering questions by email but they have completed the transactions that I’ve placed with them. Having said that I have not yet made a withdrawal as I’ve chosen to re-invest my funds directly.
