Swiss
Cash is a popular internet money-making
scheme which promises unbelievable returns,
but does it deliver?
Swiss Cash operates an investment fund that
it claims dates back to 1948, has billions of dollars
in assets, offers investors returns of up to
300% within 15 months and has been overseen
for the past 15 years by a CFO named “Mike
Mansfield.”
Although its website claims that the Swiss Mutual
Fund was founded in 1948, it’s baffling to
see that their web presence just started in
2005. NO ONE (including me) has been able to
find any record of this organization since
before 2005.
To the untrained eyes, the main website at
SwissMutualFund.biz is a well designed site
belongs to a well established investment
company.
To me it’s filled with a mediocre sales
pitch trying to sell some vague and
suspicious investment scheme which
guarantees large returns.
The website is filled with pictures of
people and images unrelated to the company.
They even try to make it looks legitimate by
including stock market performance charts
obtained from Yahoo, which any website
operator can easily do.
The contact information on their website is
fake. The New York address is nothing but a
mail drop and their company phone number
turned out to be a verizon cell phone with
no answer.
'Swiss' is obviously a phrase this company
uses to attract customers, but no connection
to Switzerland has been uncovered. SwissCash
claims to be registered The Commonwealth of
Dominica but this has never been verified,
although ties to Malaysia and Singapore have
been discovered.
The Swiss government, along with the Swiss
embassy in Malaysia and Singapore, have
released statements warning citizens about
SwishCash operations.
Government authorities in several other
countries have warned investors that Swiss
Cash is probably a pyramid or Ponzi scheme.
In this type of scam, early investors are
paid back with their own money and the money
of future investors. Since initial investors
are getting returns they unknowingly (or
knowingly for some) perpetuate the scam by
recruiting others. This goes on until the
stream of new customers dries up or the fund
operator decides to disappear with the
money.
If you're really interested in making money
online then I suggest you get involved with
a legitimate business opportunity with
proven returns.
I work online with a method where you can
make several hundred dollars for a couple
hours of work, whenever you have time.
This business is free to join and I won't
charge you anything for the information,
just let me
know where to send you the info,
Click Here.
Best of Luck,
Steve Albright
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Customer Reviews for 'SwissCash'
Comments to date: 2. Page 1 of 1. Average Rating:
Issac Ryan, Singapore
Posted at 6:10pm on Friday, June 27th, 2008
Hi
Yes, I'm interested to know more about it.
Since I've put in USD10,000 for the so call
investment.
Rgds.
Issac
DAWN, USA
Posted at 8:56am on Saturday, January 19th, 2008
I DID SOME RESEARCH ON THE REGISTRANT OF THE SWISSCASH WEBSITE ONLY TO FINGD OUT THAT THE GUY MANSFIELD REGISTERED THE SITE FROM RIGHT HERE IN HOLLYWOOD FLORIDA. WHEN I CALLD THE LOCATION I GOT THE RUN AROUND. I AM NOT YET DONE WITH IT THOUGH. I AM GOING TO CONTINUE TO FOLLOW UP.
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